Stay abreast with the latest developments in the professional domain along with in-depth analysis through the monthly BCA Journal. Get access to an engaging library of researched publications from the BCAS stable.
Learn MoreExplore past issues of BCA Journal & indulge in a treasure trove of high-quality professional content across format of print, videos & learning events from the BCAS stable.
Learn More
“(x) any amount raised by the issue of bonds or debentures secured by the mortgage of any fixed assets referred to in Schedule VI of the Act excluding intangible assets of the Company or with an option to convert them into shares in the Company:
Provided that in the case of such bonds or debentures secured by the mortgage of fixed assets referred to in Schedule VI of the Act excluding intangible Assets the amount of such bonds or debentures shall not exceed intangible assets the amount of such bonds or debentures shall not exceed the market value of such fixed assets : Rule 11A of “The regional director of the Department of Company Affairs shall be authorised officer to make complaints under s/s. (2) of section 58AAA of the Act.”
is substituted as follows:
“The Regional Director or Registrar of Companies or any other officer of the Csdddddentral Government shall be authorised to make complaints under s/s. (2) of section 58AAA of the Act.
“Full version of the Circular can be accessed on http://www.mca.gov.in/Ministry/pdf/noti_ Rules_20130010_dated_21mar2013.pdf
