Home India Ministry of Corporate Affairs In exercise of the powers conferred by section 454 of the Co...
Date: 2019-10-31 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by section 454 of the Companies Act

Issued by Ministry of Corporate Affairs · Not Applicable

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Executive Summary & Key Takeaways

This notification, S.O. 3956(E), issued by the Ministry of Corporate Affairs on October 30, 2019, amends a previous notification, S.O. 831(E), dated March 24, 2015, under Section 454 of the Companies Act, 2013, and the Companies (Adjudication of Penalties) Rules, 2014. The amendment, effective October 31, 2019, modifies the entries in the Table of the principal notification against serial number 5. Specifically, it substitutes the existing entries with "Registrar of Companies-cum-Official Liquidator, Jammu and Kashmir and Union territory of Ladakh". The notification is referenced as F. No. 5/2/2019-B CLV. K. V. R. Murty, Joint Secretary, is the issuing authority. The principal notification was previously amended by S.O. 5459(E) on October 26, 2018, and S.O. 2650(E) on July 25, 2019.

Key Entities Referenced

Companies Act, 2013: A law enacted in 2013, referred to in the context of exercising powers conferred by section 454. Companies Adjudication of Penalties Rules, 2014: A set of rules related to adjudication of penalties, read with the Companies Act, 2013. Ministry of Corporate Affairs: The Indian government ministry issuing the notification. New Delhi: The city where the notification was issued. Registrar of Companies-cum Union territory of Jammu and Kashmir: An entity being amended in the notification, related to the administration of companies in the Union territory of Jammu and Kashmir. Union territory of Ladakh: A union territory of India, where the Union Official Liquidator is situated, according to the amendment. K. V. R. MURTY: The Joint Secretary who signed the notification. The Gazette of India: The official government gazette where the notification was published.
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