Companies (Share Capital and Debentures) Third Amendment Rules, 2015

Central government has notified Companies (Share Capital and Debentures) Third Amendment Rules, 2015 via notification dated 6th November, 2015 to amend Rule 18 of Companies (Share Capital and Debentures) Rules, 2014.
In rule 18 sub-rule (I), in clause (a), sub-clause (iii) has replaced by the following sub-clauses, namely:-
"(iii) Infrastructure Debt Fund Non-Banking Financial Companies' as defined in clause (b) of direction 3 of Infrastructure Debt Fund Non-Banking Financial Companies (Reserve Bank) Directions, 2011;
(iv) Companies permitted by a Ministry or Department of the Central  Government or by Reserve Bank of lndia or by the National Housing Bank or by any other statutory authority to issue debentures for a period  exceeding ten  years.''

http://mca.gov.in/Ministry/pdf/Amendement_Rules_06112015.pdf 

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