MCA Update – Companies (Prospectus and Allotment of Securities) Amendment Rules, 2024.

These rules may be called the Companies (Prospectus and Allotment of Securities) Amendment Rules, 2024. 
 They shall come into force on the date of their publication in the Official Gazette. 
In the Companies (Prospectus and Allotment of Securities) Rules, 2014, in sub-rule (2) of rule 9B, the following proviso shall be inserted, namely: ―
 “Provided that a producer company covered under this sub-rule shall, within a period of five years of closure of such financial year, comply with the provision of this sub-rule.”. 

Link – https://www.mca.gov.in/bin/dms/getdocument?mds=eeOdH9Aj8ZsTLZBlNZoYkg%253D%253D&type=open

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