The Companies Share Capital and Debentures Amendment Rules, 2015 MCA Issued new Notice or Circulars for Share Capital and Debentures Amendment Rules. A corporation’s share capital is the portion of a corporation’s equity that has been obtained by the issue of shares in the corporation to a shareholder, usually for cash. In a strict accounting sense, share capital is the nominal value of issued shares.
In corporate finance, a debenture is a medium- to long-term debt instrument used by large companies to borrow money, at a fixed rate of interest. Now Scroll down below and Read Full News.
Government of India
Ministry of Corporate Affairs
Notification
New Delhi, Dated 18th March, 2015
G-S.R.___ (E>.— In exercise of the powers conferred under sub-clause (ii) of clause (a) of section 43, sub-clause (d) of sub-section (1) of section 54, subsection (2) of section 55, sub-section (1) of section 56, sub-section (3) of section 56, sub-section (1) of section 62, sub-section (2) of section 42, clause (f) of subsection (2) of section 63, sub-section (1) of section 64 , clause (b) of sub-section (3) of section 67, sub-section (2) of section 68, sub-section (6) of section 68, sub-section (9) of section 68, sub-section (10) of section 68, sub-section (3) of section 71, sub-section (6) of section 71, sub-section (13) of section 71 and sub-sections (1) and (2) of section 72, read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Share Capital and Debentures) Rules, 2014, namely:-
(1) These rules may be called the Companies (Share Capital and Debentures) Amendment Rules, 2015.
- They shall come into force from the date of their publication in the Official Gazette.
2. In the Companies (Share Capital and Debenture) Rules, 2014,-
- for rule 3, the following rule shall be substituted, namely:-
3. Application – The provisions of these rules shall apply to –
- all unlisted public companies;
- all private companies; and
- listed companies so far as they do not contradict or conflict with any other regulation framed in this regard by the Securities and Exchange Board of India;
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