MCA releases the Companies (Share Capital and Debentures) Second Amendment Rules, 2020

Last updated: 26 December 2020

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The Ministry of Corporate Affairs (MCA) has introduced the Companies (Share Capital and Debentures) Second Amendment Rules, 2020. These new rules amend the existing Companies (Share Capital and Debentures) Rules, 2014. The amendments, which came into effect upon their publication in the official Gazette, include a substitution for Form SH-7.

The Ministry of Corporate Affairs has released the Companies (Share Capital and Debentures) Second Amendment Rules, 2020. Read the official announcement and all the amendments made in the Companies (Share Capital and Debentures) Rules, 2014 below:

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]

MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION

New Delhi, 24th December, 2020

G.S.R._(E)- 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: -

Companies Share Capital and Debentures Rules 2020 Amended

1. Short title and commencement.-

(1) These rules may be called the Companies (Share Capital and Debentures) Second 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, in the Annexure to the rules, for Form SH-7, the following form shall be substituted, namely:-

To view/download the complete notification, find the enclosed attachment

FAQ :

It is a set of rules released by the Ministry of Corporate Affairs that further amends the Companies (Share Capital and Debentures) Rules, 2014.

The Ministry of Corporate Affairs (MCA) has released these amendment rules.

These rules came into force on the date of their publication in the official Gazette.

The amendment includes the substitution of Form SH-7 in the Annexure to the Companies (Share Capital and Debentures) Rules, 2014.

These rules are made in exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013.

Attached File : 40_19041_secondamdtrules_24122020.pdf

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