Rule 12A The Companies (Share Capital and Debentures) Rules, 2014

Period for notice under sub-clause (i) of clause (a) of sub-section (1) of section 62

For the purposes of sub-clause (i) of clause (a) of sub-section (1) of section 62, the time period within which the offer shall be made for acceptance shall be not less than seven days from the date of offer.

Amendment

1. Inserted by the Companies (Share Capital and Debentures) Amendment Rules, 2021. Effective from dt. 01st April, 2021

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CA Bhuvnesh Goyal Partner
CA Bhuvnesh Goyal is a Chartered Accountant with expertise in taxation, finance, and business compliance. He shares practical insights to help readers navigate complex financial matters with ease.