Companies (Incorporation) Second Amendment Rules 2019

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Companies (Incorporation) Second Amendment Rules 2019

MINISTRY OF CORPORATE AFFAIRS

NOTIFICATION

New Delhi, the 6th March, 2019

G.S.R.180(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Incorporation) Rules, 2014, namely: –

1. (1) These rules may be called the Companies (Incorporation) Second Amendment Rules, 2019.

(2) Save as otherwise provided in the notification, this notification shall come into force from the date of publication.

2. In the Companies (Incorporation) Rules, 2014 (hereinafter referred to as the said rules),

I) in clause (a), sub-rule (5) of rule 30, for the words “with the widest circulation”, the words “with wide circulation” shall be substituted.

II) in the second proviso to sub-rule (2) of rule (38), for the words “equal to rupees ten lakhs” the words “equal to rupees fifteen lakhs” shall be substituted, with effect from 18.03.2019.

[F. No. 1/13/2013 CL-V, part-I, Vol.II]

K.V.R. MURTY, Jt. Secy.

Note: The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 250(E), dated the 31st March, 2014 and subsequently amended vide the following notifications:-

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