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MCA Extends Demat Compliance Deadline Until June 30, 2025
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The Ministry of Corporate Affairs (MCA) has amended the Companies (Prospectus and Allotment of Securities) Rules, 2014, regarding mandatory dematerialization (demat) of securities under Rule 9B.
The amendment provides that a private company, other than a Producer Company, which is not a small company as of March 31, 2023, must comply with Rule 9B(2) by June 30, 2025. This extension offers relief to eligible companies by granting additional time for compliance.
The amendment takes effect upon publication in the Official Gazette. The MCA clarified that the change has no adverse impact due to its retrospective effect, ensuring a smoother transition for applicable businesses.
The amendment provides that a private company, other than a Producer Company, which is not a small company as of March 31, 2023, must comply with Rule 9B(2) by June 30, 2025. This extension offers relief to eligible companies by granting additional time for compliance.
The amendment takes effect upon publication in the Official Gazette. The MCA clarified that the change has no adverse impact due to its retrospective effect, ensuring a smoother transition for applicable businesses.
Taxupdate Code: 486
Tax Update: MCA Extends Demat Compliance Deadline Until June 30, 2025
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Taxupdate Code: 486
Tax Update: MCA Extends Demat Compliance Deadline Until June 30, 2025
You need to subscribe to service to start downloading posters
without PG logo, PG watermark and without word 'Sample',
Charges Rs. 1499 per year instead of Rs. 1800/-.
SubscribeBuy this Single Poster for Rs.29 .
PayOnce you make payment, kindly send Tax update as 486 and your email id on whatsapp on
9136667325.
And share on Social Media
