Just a moment...

Report
FeedbackReport
Bars
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Companies (Share Capital and Debentures) Amendment Rules, 2020.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....es the following rules further to amend the Companies (Share Capital and Debentures) Rules, 2014, namely: 1. Short title and commencement.- (1) These rules may be called the Companies (Share Capital and Debentures) Amendment Rules, 2020. (2) They shall come into force on the date of their publication in the official Gazette. 2. In the Companies (Share Capital and Debentures) Rules, 2014 (he....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e (iv) of clause (b), it shall on or before the 30th day of April in each year, in respect of debentures issued by such a company, invest or deposit, as the case may be, a sum which shall not be less than fifteen percent. , of the amount of its debentures maturing during the year, ending on the 31st day of March of the next year in any one or more methods of investments or deposits as provided in ....