https://www.taxtmi.com/notifications?id=131436 The 2019 amendment to the Companies (Meetings of Board and its Powers) Rules revises rule 15(3)(a) by removing specified monetary caps from sub clauses (i), (ii) and (iv) and substituting sub clause (iii)'s mixed net worth/turnover/monetary test with a sole turnover based percentage test; it is titled the Second Amendment Rules, 2019 and takes effect on publication in the Official Gazette under the Companies Act rule making provisions. en-us Mon, 18 Nov 2019 00:00:00 +0530 Wed, 20 Nov 2019 10:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=131436 The 2019 amendment to the Companies (Meetings of Board and its Powers) Rules revises rule 15(3)(a) by removing specified monetary caps from sub clauses (i), (ii) and (iv) and substituting sub clause (iii)'s mixed net worth/turnover/monetary test with a sole turnover based percentage test; it is titled the Second Amendment Rules, 2019 and takes effect on publication in the Official Gazette under the Companies Act rule making provisions. Notifications Companies Law Mon, 18 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=131436