Dematerialization of Share Capital: New Regulations and Compliance Requirements
A welcome move to enhance corporate governance and transparency from the Ministry of Corporate Affairs (MCA). 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, […]
