MCA amends provisions related to Differential Voting Rights under Companies Act

The Ministry of Corporate Affairs has amended the provisions relating to Differential Voting Rights(DVRs) under the Companies Act. This objective of amendment is to enable promoters of Indian companies to retain control of their companies even as they raise equity capital from global investors. The amendments made includes raising the existing cap of 26 %… Continue reading MCA amends provisions related to Differential Voting Rights under Companies Act