Short Title, Commencement and Application (1) These rules may be called the Companies (Acceptance of Deposits) Rules, 2014. (2) They shall come into force on the 1st day of April, 2014. (3) These rules shall apply to a company other than – (i) a banking company; (ii) a non-banking financial company as defined in the Reserve […]

Nomination by Securities Holders (1) Any holder of securities of a company may, at any time, nominate, in Form No. SH.13, any person as his nominee in whom the securities shall vest in the event of his death. (2) On the receipt of the nomination form, a corresponding entry shall forthwith be made in the relevant

Debentures (1) The company shall not issue secured debentures, unless it complies with the following conditions, namely:- (a) An issue of secured debentures may be made, provided the date of its redemption shall not exceed ten years from the date of issue. 1[Provided that the following classes of companies may issue secured debentures for a

Buy-back of Shares or Other Securities Unless stated otherwise, the following norms shall be complied with by the private companies and unlisted public companies for buy-back of their securities- (1) The explanatory statement to be annexed to the notice of the general meeting pursuant to section 102 shall contain the following disclosures, namely:- (a) the date of

Provision of Money by Company for Purchase of its Own Shares by Employees or by Trustees for the Benefit of Employees (1) The company shall not make a provision of money for the purchase of, or subscription for, shares in the company or its holding company, if the purchase of, or the subscription for, the

Notice to Registrar for Alteration of Share Capital Where a company alters its share capital in any manner specified in sub-section (1) of section 61, or an order is passed by the Government increasing the authorized capital of the company in pursuance of sub-section (4) read with sub-section (6) of section 62 or a company redeems any redeemable

Issue of Bonus Shares The company which has once announced the decision of its Board recommending a bonus issue, shall not subsequently withdraw the same. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI

Issue of Shares on Preferential Basis (1) For the purposes of clause (c) of sub-section (1) of section 62, If authorized by a special resolution passed in a general meeting, shares may be issued by any company in any manner whatsoever including by way of a preferential offer, to any persons whether or not those persons

Period for notice under sub-clause (i) of clause (a) of sub-section (1) of section 62 For the purposes of sub-clause (i) of clause (a) of sub-section (1) of section 62, the time period within which the offer shall be made for acceptance shall be not less than seven days from the date of offer. Amendment 1. Inserted

Issue of Employee Stock Options A company, other than a listed company, which is not required to comply with Securities and Exchange Board of India Employee Stock Option Scheme Guidelines shall not offer shares to its employees under a scheme of employees’ stock option (hereinafter referred to as “Employees Stock Option Scheme”), unless it complies