The MCA vide its notification dated 7 May 2018 has amended Companies (Specification of Definition Details) Rules 2014 by Companies (Specification of Definition Details) Amendment Rules 2018.

In order to address changes in the definition of term subsidiary and associate company, Rule 2(1)(r) defining the term "total share capital" stands omitted.

Source:

http://www.mca.gov.in/Ministry/pdf/CompaniesSpecificationRules_07052018.pdf

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