Thursday, April 16, 2015

Recent Amendments in Company Rules

  • No requirement for issuing and filling of Information memorandum(PAS 4), if the preferential offer is being made to one or more existing members only. (Rule 13, sub rule (1)
  • For securing the issue of Secured debentures, where debenture holders are more than 500 in number, a Trust Deed in Form No SH 12 shall be executed by the Company in favor of the debentures Trustee within Three Months of Closure of the Issue or Offer. [Rule 18(5)]
  • E-voting is not mandatory for listed SME/ Institutional Trading Platform.


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