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of <h1>New Producer Companies Rules 2021: Key Changes in Office Relocation and Investment Guidelines for General Reserves.</h1> The Producer Companies Rules, 2021, issued by the Ministry of Corporate Affairs, supersede the Producer Companies (General Reserve) Rules, 2003. These rules apply to Producer Companies as defined in the Companies Act, 2013. They address the change of a registered office's location from one state to another, following specific rules from the Companies (Incorporation) Rules, 2014. Additionally, the rules outline permissible investments for a Producer Company's general reserves, including approved securities, deposits, bonds, and shares in various government and cooperative financial institutions. These rules came into effect upon their publication in the Official Gazette on February 11, 2021.
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