Recent MCA Notification for compulsory demat of securities for not Small Cos. has created uncertainties for few Cos./group cos. Following are some practical situations (for few of my clients) & observations: 1. Co. was subsidiary of Foreign Co. at the time of...
MCA to launch Central Processing Centre for all compliances, similar to company incorporation and company closure. this is a significant development in Company Law- from the perspective of registration services, compliance, compliance monitoring.. and also from the...
MCA has mandated private companies (which are not Small Cos.) to issue securities (not just ‘shares’) only in demat form and facilitate demat process for all its securities. Presently, the said provisions are applicable to unlisted public companies. Now, the said...
