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    <title>Clarifications on Rules prescribed under the Companies Act, 2013 - Matters relating to share capital and debentures- reg.</title>
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    <description>Clarifications state that share transfer forms executed before 1 April 2014 are contractual and must be accepted for registration if submitted within the period prescribed under the prior law; late submissions require company satisfaction as to delay, and refusal must be communicated with reasons within the time prescribed. Powers under rule 6(2)(a) to issue duplicate share certificates may be delegated to a committee of directors, subject to board-imposed regulations.</description>
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      <description>Clarifications state that share transfer forms executed before 1 April 2014 are contractual and must be accepted for registration if submitted within the period prescribed under the prior law; late submissions require company satisfaction as to delay, and refusal must be communicated with reasons within the time prescribed. Powers under rule 6(2)(a) to issue duplicate share certificates may be delegated to a committee of directors, subject to board-imposed regulations.</description>
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