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MCA Notification dt. 12.08.2016 notified Companies (Share Capital and Debentures) Fourth Amendment Rules, 2016:

MCA vide Notification No. G.S.R. 791(E) on Friday, 12th August, 2016, has notified the Companies (Share Capital and Debentures) Fourth Amendment Rules, 2016 inserting new sub-rule (11) in principal rule 18, which states that nothing contained in this rule shall apply to rupee denominated bonds issued exclusively to overseas investors and the same shall came into effect from the date of its publication in Official Gazette.

The said notification can be accessed at the following link: MCA Notificatin dt. 12.08.2016 Cos. Shr Cap & Deb 4th amndnt Rules 2016

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