After the Union Budget 2021, MCA vide notification dated 1st February 2021 made various amendments in Companies (Incorporation) Rules, 2014 w.e.f 1st April 2021. Let us discuss the same.
If the Company has excess funds they can buy back their shares from existing shareholder which will improve return on equity. This corporate restructuring step boost the confidence of the investors in the Company and prevents hostile takeover of the Company.
The concept of Significant Beneficial owner ("SBO") has created a turmoil in Corporate sector ever since it has been introduced under section 90 of
The Concept of E-voting is introduced through the new Companies Act, 2013(Hereinafter referred as the Act).What is E-Voting??E-Voting is not defined in the Act. However the explanation has been provided in Rul