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Companies (Share Capital And Debentures) 2nd Amendment Rules 2018

Ministry of Corporate Affairs' Notification G.S.R. 434(E) dated 7th May, 2018, reads as follows:

In exercise of the powers conferred by 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. Short title and commencement.—
 (1) These rules may be called the Companies (Share Capital and Debentures) Second Amendment Rules, 2018.
 (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, in the principal rules, in rule 8, in sub-rule (1), in the Explanation, in clause (i) in sub-clause (a), the words “for at least last one year” shall be omitted.

Note: The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide notification number G.S.R. 265(E), dated 31st March, 2014 and subsequently amended vide notification as detailed below:-

Sl.No. Notification number Date
1. G.S.R. 413 (E) 18.06.2014
2. G.S.R. 210 (E) 18.03.2015
3. G.S.R. 439 (E) 29.05.2015
4. G.S.R. 841 (E) 06.11.2015
5. G.S.R. 290 (E) 10.03.2016
6. G.S.R. 358 (E) 29.03.2016
7. G.S.R. 704 (E) 19.07.2016
8. G.S.R. 791 (E) 12.08.2016
9. G.S.R. 363 (E) 10.04.2018

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