https://www.taxtmi.com/news?id=11882 Draft rules implement detailed disclosure and procedural regimes under the Companies Act, 2013: comprehensive prospectus content and auditor reporting requirements; controls on variation of objects where public issue proceeds remain unutilized; mandates for dematerialisation and specific treatment of Global Depository Receipts; private placement limits, filings and payment source rules; conditions for issuance of differential voting shares, sweat equity, ESOPs and preferential allotments including valuation and shareholder approvals; buy-back, debenture trustee duties and debenture redemption reserve requirements; and prescriptive governance rules on registers, electronic notices, e voting, minutes, maintenance of electronic records and expanded board report disclosures. en-us Sat, 26 Oct 2013 11:59:02 +0530 Tue, 29 Oct 2013 12:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11882 Draft rules implement detailed disclosure and procedural regimes under the Companies Act, 2013: comprehensive prospectus content and auditor reporting requirements; controls on variation of objects where public issue proceeds remain unutilized; mandates for dematerialisation and specific treatment of Global Depository Receipts; private placement limits, filings and payment source rules; conditions for issuance of differential voting shares, sweat equity, ESOPs and preferential allotments including valuation and shareholder approvals; buy-back, debenture trustee duties and debenture redemption reserve requirements; and prescriptive governance rules on registers, electronic notices, e voting, minutes, maintenance of electronic records and expanded board report disclosures. News - Sat, 26 Oct 2013 11:59:02 +0530 https://www.taxtmi.com/news?id=11882