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MCA vide Notification No-G.S.R. 43(E) dated 22.01.2019 has issued Companies (Prospectus and Allotment of Securities) Amendment Rules, 2019.

MCA vide Notification No-G.S.R. 43(E) on Tuesday, 22nd January, 2019 has issued Companies (Prospectus and Allotment of Securities) Amendment Rules, 2019 to amend the Companies (Prospectus and Allotment of Securities) Rules, 2014, wherein; in rule 9A, after sub-rule (10), the following sub-rule shall be inserted, namely:—

“(11) This rule shall not apply to an unlisted public company which is:—

(a) a Nidhi;

(b) a Government company or

(c) a wholly owned subsidiary.”

MCANotf_GSR 43 EDt_22012019_CoProspect and Allot Rule2019

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