Dematerialization of Share Capital: New Regulations and Compliance Requirements
Ministry of Corporate Affairs vide their notification dated 27th October 2023, introduced the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023, which mandates all private companies, except small and government companies, to dematerialize their share capital by 30th September 2024, and thus ensuring that any issue of new securities shall be only in dematerialized form. Below […]
