MCA notified the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023 on October 27, 2023. These rules are aimed at increasing transparency and efficiency in the securities market, and to reduce the risk of fraud.
The key changes introduced by the new rules are
MCA Unveils Significant Revisions with Companies (Prospectus and Allotment of Securities) Amendment Rules, 2023
Last updated: 31 October 2023
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