Amendment to share capital and debentures rules revises application scope, charge and filing timelines, exemptions, and nomination forms. Amendment updates the Companies (Share Capital and Debentures) Rules, 2014 to apply to unlisted public and private companies, and to listed companies only to the extent not conflicting with securities regulator rules; it clarifies and modifies provisos, extends certain filing timelines, revises charge creation rules to include specific movable and immovable property (with special provision for non-banking financial companies and government guaranteed loans), inserts exemptions for RBI-regulated instruments, and substitutes standard nomination and cancellation/variation forms under section 72.
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Amendment to share capital and debentures rules revises application scope, charge and filing timelines, exemptions, and nomination forms.
Amendment updates the Companies (Share Capital and Debentures) Rules, 2014 to apply to unlisted public and private companies, and to listed companies only to the extent not conflicting with securities regulator rules; it clarifies and modifies provisos, extends certain filing timelines, revises charge creation rules to include specific movable and immovable property (with special provision for non-banking financial companies and government guaranteed loans), inserts exemptions for RBI-regulated instruments, and substitutes standard nomination and cancellation/variation forms under section 72.
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