Executive Summary:
This notification, dated June 29, 2020, amends the Companies Removal of Names of Companies from the Register of Companies Rules, 2016. It introduces a new procedure for government companies and their subsidiaries regarding indemnity bonds required for the removal of company names. These rules are effective from the date of their publication in the Official Gazette.
Key Points / Main Content:
Amendments to the Companies Removal of Names of Companies from the Register of Companies Rules, 2016:
* These rules are called the Companies Removal of Names of Companies from the Register of Companies Amendment Rules, 2020.
* The rules come into force from the date of their publication in the Official Gazette.
Indemnity Bond for Government Companies:
* For government companies where the entire paid-up share capital is held by the Central Government, State Government(s), or both, a notarized indemnity bond in Form STK-3A is required.
* This bond must be given by an authorized representative, not below the rank of Under Secretary or equivalent, from the relevant administrative Ministry or Department.
* This also applies to subsidiaries of such government companies where the entire paid-up share capital is held by the government company.
Form STK-2 Amendment:
* In Form STK-2 (list of attachments), it is specified that the indemnity bond can be provided either by directors or by an authorized representative of the administrative Ministry/Department in Form No. STK-3A.
Introduction of Form STK-3A:
* Form STK-3A, the Indemnity Bond, is introduced for use by authorized representatives of the administrative Ministry/Department of government companies.
* The form includes declarations to indemnify claimants against future claims, losses, and liabilities arising after the company's name is struck off.
* The authorization received by the representative from the administrative Ministry/Department to furnish the Indemnity Bond must be attached with Form STK-3A.
Impact Analysis:
Government Companies and Their Subsidiaries:
Impact: These entities now have a specific process using Form STK-3A for providing indemnity bonds through an authorized government representative when applying for the removal of the company name from the register.
Action Required: Identify an authorized representative (not below the rank of Under Secretary or equivalent) to execute Form STK-3A, and ensure the authorization is attached to the form.
Registrar of Companies:
Impact: The Registrar must accept Form STK-3A from authorized government representatives as a valid indemnity bond for government companies and their subsidiaries.
Action Required: Update procedures to recognize Form STK-3A and the authorized representatives from government entities.
Key Entities Referenced
Companies Act, 2013: A law enacted by the Parliament of India that governs company incorporation, regulation, and winding up. Mentioned in the context of powers conferred to the Central Government.
Companies Removal of Names of Companies from the Register of Companies Rules, 2016: Rules framed under the Companies Act, 2013, that specify the procedures for removing the names of companies from the register of companies. These rules are being amended by this notification.
Central Government: The executive branch of the Government of India, which is exercising powers under the Companies Act, 2013 to amend the rules for removing companies from the register.
Ministry of Corporate Affairs: The government ministry responsible for administering the Companies Act, 2013 and related regulations in India. This ministry is issuing the notification.
Form STK 3A: A new form being introduced by this amendment to the Companies Removal of Names of Companies from the Register of Companies Rules, 2016. It is an indemnity bond to be given by an authorised representative of the administrative Ministry/Department.
New Delhi: The location where the notification was issued, likely the headquarters of the Ministry of Corporate Affairs. New Delhi is a city and a union territory of India.
Official Gazette: A government publication where official notifications, rules, and regulations are published to make them publicly available.
Government of India Press, Ring Road, Mayapuri, New Delhi110064: The printing press responsible for publishing the Gazette of India.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. NO. D. L.-33004/99
xxxGIDHxxx
सी.जी.-डी.एल.-xअxx.G-2ID9E0x6xx2 020-220254
CG-DL-E-29062020-220254
असाधारण
EXTRAORDINARY
भाग II—खण्ड 3—उप-खण्ड (i)
PART II—Section 3—Sub-section (i)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 318] नई ददल्ली, सोमवार, िनू 29, 2020/आषाढ़ 8, 1942
No. 318] NEW DELHI, MONDAY, JUNE 29, 2020/ASADHA 8, 1942
कारपोरेट काय यमत्रं ालय
अजधसचू ना
नई ददल्ली, 29 िून, 2020
सा.का.जन. 420(अ).—केंद्रीय सरकार, कंपनी अजधजनयम, 2013 (2013 का 18) की धारा 469 के साथ
पठित धारा 248 की उपधारा (1), उपधारा (2) और उपधारा (4) द्वारा प्रदत्त िजियों का प्रयोग करत े हुए कंपनी
(कंपनी के रजिस्ट्टर स े कंपजनयों का नाम हटाना) जनयम, 2016 का और संिोधन करन े के जलए जनम्नजलजखत जनयम
बनाती ह,ै अथायत ्:-
1. (1) इन जनयमों का संजिप्त नाम कंपनी (कंपनी के रजिस्ट्टर स ेकंपजनयों का नाम हटाना) संिोधन जनयम, 2020 ह।ै
(2) य ेरािपत्र म ें उनके प्रकािन की तारीख से प्रवृत्त होंगे।
2. कंपनी (कंपनी के रजिस्ट्टर से कंपजनयों का नाम हटाना) जनयम, 2016 (इसे इसमें इसके पश्चात् उि जनयम
कहा गया ह)ै के जनयम 4 के, उप-जनयम (3) के, खंड (i) में, जनम्नजलजखत परंतुक अतं :स्ट्थाजपत दकया िाएगा, अथायत:् -
“परंत ु दकसी:-
(क) सरकारी कंपनी जिसमें समस्ट्त प्रदत्त िेयर पूंिी केंद्रीय सरकार द्वारा, या दकसी राज्य सरकार या
सरकारों द्वारा या केंद्रीय सरकार और एक या अजधक राज्य सरकारों द्वारा धाठरत है; या
(ख) खंड (क) में जनर्ददष्ट, दकसी सरकारी कंपनी की सहायक, जिसमें समस्ट्त प्रदत्त िेयरपूंिी उस सरकारी
कंपनी द्वारा धाठरत ह,ै
2883 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
की जस्ट्थजत म,ें प्ररूप एसटीके-3क में सम्यक् रूप से नोटरीकृत िजतपूर्तत बांड, कंपनी की ओर से, दकसी
प्राजधकृत प्रजतजनजध द्वारा, िो भारत सरकार या राज्य सरकार, िैसी भी दिा हो, के प्रिासजनक
मंत्रालय/जवभाग में अवर सजचव या समकि के रैंक स ेनीचे न हो, ददया िाएगा।”;
3. उि जनयमों के, प्ररूप एसटीके-2 के, संलग्नकों की सूची म,ें क्रम संख्या 4 के, अतं म,ें “या प्ररूप संख्या एसटीके-
3क में प्रिासजनक मंत्रालय/जवभाग के दकसी प्राजधकृत प्रजतजनजध द्वारा” िब्द अंत:स्ट्थाजपत दकए िाएंगे।
4. उि जनयमों म,ें प्ररूप एसटीके-3 के पश्चात्, जनम्नजलजखत प्ररूप अंत:स्ट्थाजपत दकया िाएगा, अथायत:् -
“प्ररूप स.ं एसटीके – 3क
िजतपर्तू त बाडं
(समुजचत मूल् य के स्ट् टांप पेपर पर तैयार दकया िाए)
(प्रिासजनक मंत्रालय/जवभाग के प्राजधकृत प्रजतजनजध द्वारा ददया िाए)
[कंपनी (कंपनी के रजिस्ट्टर से कंपजनयों का नाम हटाना) जनयम, 2016 के जनयम 4 के
उप-जनयम (3) के खंड (i) के परंतुक के अनुसरण म]ें
सेवा म,ें
कंपनी रजिस्ट् रार,
1. म,ैं कंपनी अजधजनयम, 2013 या कंपनी अजधजनयम, 1956 के अधीन ..................... को जनगजमत
......................... (सरकारी कंपनी के नाम का उल्लेख करें) जिसका रजिस्ट्रीकृत कायायलय
............................ म ें ह,ै के जलए .............................. (प्रिासजनक मंत्रालय/जवभाग का नाम) का
प्राजधकृत प्रजतजनजध*, यह घोषणा करता ह ं दक भारत सरकार/राज्य (दकसी राज्य के प्रिासजनक
मंत्रालय/जवभाग के मामले म ेंराज्य के नाम का उल्लेख दकया िाए) यह िजतपूर्तत करने का वचन देती ह ैंदक:
(i) कंपनी का नाम हटान े के पश् चात भजवय म ें कंपनी के जवरूद्ध होने वाल े सभी जवजधपूण य दावों के दावेदारों
को;
(ii) दकसी व्यजि को जिसे कंपनी का नाम हटाने स े कोई हाजन हुई हो;
(iii) उन दावेदारों को उनके सभी जवजधपूणय दावों और देयताओं के जलए िो अब तक नोठटस में नहीं आए ह ैं
और यदद कंपनी अजधजनयम, 2013 की धारा 248 के जनबंधनों के अनुसार कंपनी का नाम हटाए िाने के
पश्चात् भी कोई दावा उत्पन्न होता ह ैया देखने म ेंआता ह।ै
स्ट् थान :
तारीख :
हस्ट्तािर:
कायायलय मोहर:
(नाम, जपता का नाम, पता तथा पदनाम)[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3
*इस िजतपूर्तत बांड को प्रस्ट्तुत करने वाले प्रिासजनक मंत्रालय/जवभाग से प्राप्त प्राजधकार-पत्र इस प्ररूप के साथ सलं ग्न
दकया िाएगा।”
[फा.स.1/28/2013-सीएल.V(पाटय)]
के.वी.आर. मूर्तत, संयुि सजचव
ठटप्पण: मूल जनयम भारत के रािपत्र, असाधारण, भाग II, खंड 3, उपखडं (i) में सं. सा.का.जन.1174(अ), तारीख
26 ददसंबर, 2016 द्वारा प्रकाजित दकए गए थे और तत्पश् चात् संख्याक सा.का.जन.355(अ), तारीख 12 अप्रैल, 2017
तथा संख्यांक सा.का.जन.350(अ), तारीख 8 मई, 2019 द्वारा संिोजधत दकए गए।
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 29th June, 2020
G.S.R. 420(E).—In exercise of the powers conferred by sub-sections (1), (2) and Sub-section (4) of
section 248 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby
makes the following rules further to amend the Companies (Removal of Names of Companies from the Register of
Companies) Rules, 2016 , namely:-
1. (1) These rules may be called the Companies (Removal of Names of Companies from the Register of
Companies) Amendment Rules, 2020.
(2) They shall come into force with effect from their publication in the Official Gazette.
2. In the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016 (hereafter
referred to as the said rules) in rule 4, in sub-rule (3), in clause (i), the following proviso shall be inserted,
namely:─
―Provided that in case of a ─
(a) Government company in which the entire paid up share capital is held by the Central
Government, or by any State Government or Governments or by the Central Government and
one or more State Governments; or
(b) subsidiary of a Government company, referred to in clause (a), in which the entire paid up
share capital is held by that Government company,
a duly notarised indemnity bond in Form STK-3A shall be given by an authorised representative, not
below the rank of Under Secretary or its equivalent, in the administrative Ministry or Department of the
Government of India or the State Government, as the case may be, on behalf of the company;‖.
3. In the said rules, in Form STK 2, in the list of attachments, in serial number 4, at the end, the words ―or by an
authorised representative of administrative Ministry/Department in Form No. STK – 3A‖ shall be inserted.
4. In the said rules, after Form STK-3, the following Form shall be inserted, namely :-
―Form No. STK – 3A
Indemnity Bond
(To be drawn on Stamp Paper of appropriate value)
(To be given by the Authorised Representative of the administrative Ministry/Department)
[Pursuant to the proviso to clause (i) of sub-rule (3) of rule 4 of the Companies (Removal of Names of Companies
from the Register of Companies) Rules, 2016]
To,
The Registrar of Companies,
I, the authorised representative* of the ……………………………… (name of the administrative
Ministry/Department) for the ……………………….. (mention name of the Government company), incorporated4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
on……………………under the Companies Act, 2013 or Companies Act, 1956 having its registered office
at……………………, do hereby declare that the Government of India/State (name of the State to be mentioned in
case the administrative Ministry/Department belongs to a State) hereby undertakes to indemnify : -
(i) the claimants for all lawful claims against the company arising in future after the striking off the name
of the company;
(ii) any person for any losses that may arise pursuant to striking off the name of the company;
(iii) the claimants for all lawful claims and liabilities, which have not come to notice up to this stage, and
if any claim arises or observed even after the name of the company has been struck off in terms of section
248 of the Companies Act, 2013.
Place:
Date:
Signature:
Official Seal:
Name, Father’s name, Address and Designation:
* Authorisation received from the administrative Ministry/Department to furnish this Indemnity Bond shall be
attached with this Form‖.
[F.No.1/28/2013-CL-V(Part)]
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. 1174(E), dated 26th December, 2016 and subsequently amended vide number G.S.R. 355(E),
dated the 12th April, 2017 and number G.S.R. 350(E), dated the 8th May, 2019.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.