MCA Amends Companies (Meetings Of Board And Its Powers) Rules, 2014
| Published date | 05 December 2025 |
| Subject Matter | Finance and Banking, Corporate/Commercial Law, Financial Services, Corporate and Company Law |
| Law Firm | Sagus Legal |
| Author | Sagus Legal LLP |
The Ministry of Corporate Affairs ("MCA") has notified the Companies (Meetings of Board and its Powers) Amendment Rules, 2025 vide notification no. G.S.R. 811(E) dated 03.11.2025 ("Companies Amendment Rules"). The Companies Amendment Rules substitute Rule 11(2) of the Companies (Meetings of Board and its Powers) Rules, 2014, which deal with loan and investment by a company under Section 186 of the Companies Act, 2013 ("Act").
The key change relates to the scope of the expression "business of financing...
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