This notification, S.O. 2113(E), issued by the Ministry of Corporate Affairs on July 5, 2017, introduces amendments to Schedule IV of the Companies Act, 2013, under the authority of subsection 1 of section 467 of the Act. The amendments include the following: changes to paragraph III, subparagraph 12, paragraph VI, subparagraph 2, and paragraph VII, subparagraph 1, and the addition of a note after paragraph VIII. The note specifies that certain provisions within Schedule IV do not apply to Government companies, as defined under clause 45 of section 2 of the Companies Act, 2013, if the relevant requirements are specified and complied with by the concerned Ministries or Departments of the Central Government or State Governments. This notification takes effect on the date of its publication in the Official Gazette. The notification was issued under F. N. 12/22/2013-CL.V-part by Jt. Secy. Amardeep Singh Bhatia.
Key Entities Referenced
Companies Act, 2013: A law enacted in 2013, which is being amended by this notification.
Schedule IV: A schedule within the Companies Act, 2013, which is subject to amendments as per this notification.
Central Government: The governing body responsible for making the amendments to the Companies Act, 2013.
Ministry of Corporate Affairs: The ministry issuing the notification regarding amendments to the Companies Act, 2013.
New Delhi: The location where the notification was issued.
Government company: A company as defined under clause 45 of section 2 of the Companies Act, 2013, which is referenced in the note regarding applicability of certain provisions.
State Governments: Government at state level. Mentioned in the context of compliance requirements for Government companies.
Official Gazette: The official publication where the notification is to be published, marking its effective date.
REGD. NO. D. L.-33004/99
EXTRAORDINARY
II— — (ii)
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
]
No. 1880] NEW DELHI, THURSDAY, JULY 6, 2017/ASADHA 15, 1939
कारपोरेट कार् यमत्रं ालर्
अधिसचू ना
नई दिल्ली, 5 जलु ाई, 2017
का.आ. 2113(अ).—केंद्रीर् सरकार, कंपनी अधिधनर्म, 2013 (2013 का 18) की िारा 467 की उपिारा (1)
द्वारा प्रित्त शधिर्ों का प्रर्ोग करते हुए उि अधिधनर्म के अनुसूची IV में धनम्नधलधित संशोिन करती ह,ै अर्ायत:्-
2. कंपनी अधिधनर्म, 2013 की अऩुसूची IV में, -
(i) परै ा III के उप-पैरा (12) म ें “अपन े प्राधिकार के भीतर कार्य करत े हुए” शब्िों के स्र्ान पर “उनके प्राधिकार के
भीतर कार्य करना” शब्ि रिे जाएंगे;
(ii) पैरा VI के उप-पैरा (2) में “एक सौ अस्सी दिन से अनधिक की अवधि” शब्िों के स्र्ान पर “तीन माह” शब्ि रि े
जाएंगे;
(iii) पैरा VII के उप-पैरा (1) म ें“वर्य म”ें शब्िों के स्र्ान पर “दकसी धवत्त वर्य में” शब्ि रिे जाएंग;े और
(iv) उप-पैरा VIII के पश्चात् धनम्नधलधित टटप्पण अंतःस्र्ाधपत दकर्ा जाएगा, अर्ायत्:-
“टटप्पणः कंपनी अधिधनर्म, 2013 की िारा 2 के िंड (45) के अिीन र्र्ापटरभाधर्त दकसी सरकारी कंपनी के
मामले में परै ा II के उप पैरा (2) और उप-पैरा (7), परै ा IV, परै ा V, परै ा VII के उप पैरा (3) के िंड (क) और िंड
(ि) और परै ा VIII के उपबंि लागू नहीं होंगे, र्दि इन परै ा में धवधनर्िष्टय धवर्र् संबंिी अपे्ाएं केंद्रीर् सरकार र्ा
राज्र् सरकार, जैसा भी मामला हो, के संबंधित मंत्रालर्ों र्ा धवभागों द्वारा धवधनर्िष्टय दकए गए हों और इन
अपे्ाओं का अनुपालन सरकारी कंपधनर्ों द्वारा दकर्ा जा रहा हो।”
3. र्ह अधिसूचना राजपत्र म ेंउसके प्रकाशन की तारीि से प्रवत्तत होगी।
[फा. सं. 1/22/2013-सीएल-V-पाट]य
अमरिीप ससंह भाटटर्ा, संर्ुि सधचव
4166 GI/2017 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 5th July, 2017
S.O. 2113(E).—In exercise of the powers conferred by sub-section (1) of section 467 of the Companies Act,
2013 (18 of 2013), the Central Government hereby makes the following amendments to Schedule IV of the said Act,
namely:-
2. In the Companies Act, 2013, in Schedule IV, -
(i) in paragraph III, in sub-para (12), for the words “acting within his authority”, the words “act within their
authority” shall be substituted;
(ii) in paragraph VI, sub-para (2), for the words “ a period of not more than one hundred and eighty days”, the
words “three months” shall be substituted;
(iii) in paragraph VII, in sub-para (1), for the words “in a year”, the words “in a financial year” shall be
substituted; and
(iv) after paragraph VIII, the following note shall be inserted, namely:-
“Note: The provisions of sub-paragraph (2) and (7) of paragraph II, paragraph IV, paragraph V, clauses
(a) and (b) of sub-paragraph (3) of paragraph VII and paragraph VIII shall not apply in the case of a
Government company as defined under clause (45) of section 2 of the Companies Act, 2013 (18 of
2013), if the requirements in respect of matters specified in these paragraphs are specified by the
concerned Ministries or Departments of the Central Government or as the case may be, the State
Governments and such requirements are complied with by the Government companies.”
3. This notification shall come into force on the date of its publication in the Official Gazette.
[F. N. 1/22/2013-CL-V-part]
AMARDEEP SINGH BHATIA, Jt. Secy.
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and Published by the Controller of Publications, Delhi-110054.