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big story

We will now begin a new journey to build a new India, says Narendra Modi

272/543
L :0
W :353
L :0
W :92
NDA :353
UPA : 92
LOK SABHA ELECTION RESULTS 2019
Total Constituencies
543
Voter Turnout
67.11%
NDA : 353
2014 : 354 Seats
BJP
303
+
SS
18
+
Other
32
UPA : 92
2014 : 66 Seats
INC
52
+
DMK
23
+
Other
17
OTH : 97
2014 : 107 Seats
TMC
22
+
YSRCP
22
+
Other
53
Economy

The Companies Act, 2013 will soon be amended. Here is what it means for India’s financial markets

Updated : December 05, 2018 11:18 AM IST

It is proposed that public issue of securities by unlisted public companies should be compulsorily made in dematerialised form. Currently, this mandate is only applicable for listed public companies.
The proposed move will bring about more transparency in the ownership structure and will reduce the misuse of shell companies for fund flow.
The Companies Act, 2013 will soon be amended. Here is what it means for India’s financial markets
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