India:
Ministry Of Corporate Affairs: Notification Of Companies (Specification Of Definition Details) Amendment Rule 2018
02 July 2018
NovoJuris Legal
To print this article, all you need is to be registered or login on Mondaq.com.
The MCA vide its notification dated 7 May 2018 has amended
Companies (Specification of Definition Details) Rules 2014 by
Companies (Specification of Definition Details) Amendment Rules
2018.
In order to address changes in the definition of term subsidiary
and associate company, Rule 2(1)(r) defining the term "total
share capital" stands omitted.
Source:
http://www.mca.gov.in/Ministry/pdf/CompaniesSpecificationRules_07052018.pdf
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Corporate/Commercial Law from India
Reshaping Group Companies Doctrine
Anagram Partners
A five Judge Constitution Bench of the Supreme Court, in Cox and Kings Ltd. vs SAP Pvt. Ltd. ("Cox and Kings"), delivered a ruling on the Group of Companies' doctrine ("GCD").
Revisiting Representation And Warranty Clauses
Obhan & Associates
Clauses related to representations, warranties and indemnifications are widely negotiated clauses of commercial contracts especially in M&A transactions. The interests of the parties to a contract typically do not align with respect ...
Mergers & Acquisitions Comparative Guide
Dolce Vita Advisors
Mergers & Acquisitions Comparative Guide for the jurisdiction of India, check out our comparative guides section to compare across multiple countries