https://www.taxtmi.com/circulars?id=11096 The Companies (Amendment) Act, 1999 recognises an infrastructure finance entity as a public financial institution, authorises companies to buy back their own securities, and permits issuance of sweat equity shares for know how or intellectual property consideration. It establishes a nomination facility for security holders, mandates an Investor Education and Protection Fund, creates a National Advisory Committee on Accounting Standards for Companies, and removes the need for prior Central Government approval for inter corporate investment and lending proposals. en-us Tue, 04 May 1999 00:00:00 +0530 Mon, 20 Jun 2011 18:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11096 The Companies (Amendment) Act, 1999 recognises an infrastructure finance entity as a public financial institution, authorises companies to buy back their own securities, and permits issuance of sweat equity shares for know how or intellectual property consideration. It establishes a nomination facility for security holders, mandates an Investor Education and Protection Fund, creates a National Advisory Committee on Accounting Standards for Companies, and removes the need for prior Central Government approval for inter corporate investment and lending proposals. Circulars Companies Law Tue, 04 May 1999 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11096