What is the condition for selling justice shares?
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According to Tejarat News, it was in the second half of August 1399 that the stock market was on a downward trajectory after reaching the peak of two million and 85 thousand units. After the stock market began to fall, the sale of justice shares became the most important factor in the loss of stockholders.
For this reason, the sale of justice shares was stopped. In recent months, the symbol of these companies has been closed following the deposit of profits of central depository companies. In fact, the little hope that there was for the sale of justice shares in an indirect way was dashed by the statements of the Special Assistant to the President of the Exchange Organization today.
Peyman Haddadi said today that the executive regulations for the liberalization of justice shares are to be amended and that is why the sale of shares has been stopped.
From the beginning, the sale of justice shares, both in the direct and indirect methods, was followed by many criticisms, now the regulations for the sale of these shares are supposed to be amended.
So there are several conditions for resuming the sale of equity shares:
The first condition is that the market be balanced in terms of volume and price of stocks and transactions.
The second condition goes back to the bylaws, in fact the executive bylaws of justice stocks should be amended either for direct management method or indirect method.
The third condition is related to how the assemblies of provincial stock companies are held.
Provincial investment company assemblies are scheduled to be held electronically, and those who have been Sajami are required to vote in absentia.