https://www.taxtmi.com/notifications?id=23961 The amendment adds a definition of scheduled bank, includes scheduled banks alongside public financial institutions in conversion-related rule provisions, and inserts a proviso permitting conversion by a scheduled bank or public financial institution only upon the company's default in repayment, redemption or interest and after prior notice of intention to convert given to the company at least one month before the intended conversion date. en-us Tue, 01 Apr 2003 00:00:00 +0530 Fri, 24 Jun 2011 15:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=23961 The amendment adds a definition of scheduled bank, includes scheduled banks alongside public financial institutions in conversion-related rule provisions, and inserts a proviso permitting conversion by a scheduled bank or public financial institution only upon the company's default in repayment, redemption or interest and after prior notice of intention to convert given to the company at least one month before the intended conversion date. Notifications Companies Law Tue, 01 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/notifications?id=23961