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of <h1>India Updates Dividend Rules: Companies Act 2013 Amended, Sections 123 & 469 Affected</h1> The Government of India, through the Ministry of Corporate Affairs, has issued the Companies (Declaration and Payment of Dividend) Amendment Rules, 2015. These rules amend the 2014 rules under the Companies Act, 2013, specifically section 123 and section 469. The amendment includes the insertion of a footnote in the 2014 rules, referencing their initial publication in the Gazette of India on March 31, 2014, and their subsequent amendment on June 12, 2014. The amended rules take effect upon their publication in the Official Gazette.
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