Pinki Ltd. being a listed company has not complied the requirements of listing agreement with the stock exchange. The stock exchange decided for compulsory delisting of the securities from its trading platform. Answer th

Constitution of Panel Regulation 22 (2) deals with the provisions related to constitution of panel. The decision regarding compulsory delisting shall be taken by a panel to be constituted by the recognized stock exchange consisting of - Two directors of the recognized stock exchange (one of whom shall be a public representative); One representative of the investors; One representative of the Ministry of Corporate Affairs or Registrar of Companies; and The Executive Director or Secretary of the recognized stock exchange.