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of <h1>India Updates Companies Rules: Equity Shares, Debenture Issuance, and Valuation Methods Amended Under Companies Act, 2013.</h1> The Government of India has issued amendments to the Companies (Share Capital and Debentures) Rules, 2014, under the Companies Act, 2013. These amendments clarify that equity shares with differential rights issued under the Companies Act, 1956, will continue to be regulated by its provisions. They also specify that until a registered valuer is appointed, valuation reports should be prepared by an independent merchant banker or a Chartered Accountant with at least ten years of experience. Additionally, certain companies may issue secured debentures for up to thirty years, and amendments include provisions for Housing Finance Companies registered with the National Housing Bank.
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