https://www.taxtmi.com/notifications?id=130509 The Rules cap voting power of equity shares with differential rights at seventy four per cent of total voting power and add company secretary to certain explanatory provisions. The DRR regime requires creation from profits available for dividend, exempts specified financial institutions and banking companies, aligns other financial institutions with NBFC norms, sets ten percent adequacy for certain unlisted companies, prescribes an annual investment/deposit of not less than fifteen per cent of debentures maturing during the year in specified permitted instruments, limits use of such investments to redemption, and applies DRR only to non convertible portions of partly convertible debentures. en-us Fri, 16 Aug 2019 00:00:00 +0530 Sat, 17 Aug 2019 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=130509 The Rules cap voting power of equity shares with differential rights at seventy four per cent of total voting power and add company secretary to certain explanatory provisions. The DRR regime requires creation from profits available for dividend, exempts specified financial institutions and banking companies, aligns other financial institutions with NBFC norms, sets ten percent adequacy for certain unlisted companies, prescribes an annual investment/deposit of not less than fifteen per cent of debentures maturing during the year in specified permitted instruments, limits use of such investments to redemption, and applies DRR only to non convertible portions of partly convertible debentures. Notifications Companies Law Fri, 16 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=130509