MCA has notified the amendments to the Companies (Significant Beneficial Ownership) Rules, 2018 dated 08.02.2019 vide Companies (Significant Beneficial Owners) Amendment Rules, 2019. RULE- 2 : Meaning of Significant Beneficial Owner : An individual who acting alone or together, or through one or more persons trust, possesses one OR more of the following rights or […]
Provisions of Companies Act,1956 for Conversion of Loan into Equity Share Capital For the increase in the subscribed capital there are two requirements which a company have to follow 1. Terms and conditions approved by Central Government. 2. Issuance is according to Public Companies (Terms of Issue of Debenture raising of loans with the option […]
