CORPORATE
Govt Mandates Private Companies to Issue Dematerialised Shares
The MCA has notified amendments requiring private companies to issue securities only in dematerialised form w.e.f. September 30, 2024.
November 8, 2023
The MCA has notified amendments requiring private companies to issue securities only in dematerialised form w.e.f. September 30, 2024.
We elaborate on the key changes introduced through the recently notified Limited Liability Partnership (Third Amendment) Rules, 2023.
Recently, the Supreme Court held that the variable annual licence fee paid by telcos has to be treated as capital expenditure.