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Department Inspection , Regulations New , Days Circular , Circular New , First One , Director Local Inspection , General Circular , துறை ஆய்வு , முதல் ஒன்று , ஜநரல் வட்ட ,

Ministry of Corporate Affairs makes much-needed amendments to NCD deposit requirement


Introduction
The unprecedented and unanticipated business disruption brought about by COVID-19 has sharpened the focus on the importance of conservation and optimum utilisation of cash by various companies. In this context, the requirement for a company to maintain 15% of the value of all non-convertible debentures (NCDs) maturing in a year (NCD deposit requirement) by 30 April of that year in fixed deposits with scheduled commercial banks or other specified investments is likely to be a cause of concern.(1) This is especially true when considering the negative carry on such funds in a falling interest rate regime, as well as the opportunity cost of being able to utilise such available cash for the company s operations at a time when most companies cashflows have been drastically affected. ....

Karthik Mudaliar , Ministry Of Corporate Affairs , Companies Share Capital , Corporate Affairs , Share Capital , Amendment Rules , Companies Act , Gautam Ganjawala , Trusts Act , General Circular , கார்த்திக் முதலியார் , அமைச்சகம் ஆஃப் பெருநிறுவன வாழ்க்கைத்தொழில்கள் , நிறுவனங்கள் பகிர் மூலதனம் , பெருநிறுவன வாழ்க்கைத்தொழில்கள் , பகிர் மூலதனம் , திருத்தம் விதிகள் , நிறுவனங்கள் நாடகம் , கௌதம் கஞ்சவாலா , அறக்கட்டளைகள் நாடகம் , ஜநரல் வட்ட ,