Executive Summary:
This notification from the Ministry of Corporate Affairs amends the National Company Law Tribunal Rules of 2016. The amendments, effective from the date of publication in the Official Gazette, concern the requisite number of members or depositors needed to file an application under subsection 1 of section 245 of the Companies Act, 2013. Additionally, serial No. 28 in the schedule of fees is omitted.
Key Points / Main Content:
* **Amendments to National Company Law Tribunal Rules, 2016:**
* These amendments are called the National Company Law Tribunal Second Amendment Rules, 2019.
* The amendments come into force on the date of their publication in the Official Gazette.
* **Amendment to Rule 84 (after sub-rule 2):**
* **For Companies with Share Capital (Section 245(1) Application):**
* At least 5% of the total number of members, or 100 members, whichever is less.
* For unlisted companies: Members holding not less than 5% of the issued share capital.
* For listed companies: Members holding not less than 2% of the issued share capital.
* **For Depositors (Section 245(1) Application):**
* At least 5% of the total number of depositors, or 100 depositors, whichever is less.
* Depositors to whom the company owes 5% of total deposits.
* **Amendment to Schedule of Fees:**
* Serial No. 28 in the schedule of fees is omitted.
Impact Analysis:
* **Companies:**
* Impact: Need to be aware of the revised thresholds for member/depositor applications.
* Action Required: Update internal processes and compliance procedures to reflect the new rules.
* **Members/Depositors of Companies:**
* Impact: Revised thresholds for filing applications under Section 245.
* Action Required: Determine if they meet the new threshold requirements before filing applications.
* **National Company Law Tribunal:**
* Impact: Must apply the new rules when processing applications under Section 245.
* Action Required: Update their operational guidelines and processes to align with the amended rules.
Key Entities Referenced
Companies Act, 2013: A law enacted by the Parliament of India that regulates incorporation, operation and winding up of companies in India.
National Company Law Tribunal Rules, 2016: A set of rules governing the procedures and operations of the National Company Law Tribunal (NCLT) in India.
National Company Law Tribunal Second Amendment Rules, 2019: An amendment to the National Company Law Tribunal Rules, 2016.
Ministry of Corporate Affairs: A ministry in the Government of India responsible for regulating corporate affairs.
New Delhi: The location where the notification was issued. New Delhi, Delhi, India
K.V.R. Murty: The Joint Secretary who signed the notification.
Section 469: A section of the Companies Act, 2013, which confers power to the Central Government to make rules for carrying out the purposes of the Act.
Official Gazette: A public journal and legal newspaper of the government.
jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99
vlk/kj.k
EXTRAORDINARY
Hkkx II—[k.M 3—mi&[k.M (i)
PART II—Section 3—Sub-section (i)
izkf/dkj ls izdkf'kr
PUBLISHED BY AUTHORITY
la- 294] ubZ fnYyh] cq/okj] ebZ 8] 2019@oS'kk[k 18] 1941
No. 294] NEW DELHI, WEDNESDAY, MAY 8, 2019/VAISAKHA 18, 1941
ककककााााररररपपपपोोोोररररेेेेटटटट ककककाााायययय (cid:4)(cid:4) (cid:4)(cid:4)ममममं(cid:7)ं(cid:7)ं(cid:7)ं(cid:7)ााााललललयययय
अअअअििििधधधधससससचचूूचचूू ननननाााा
नई (cid:4)द(cid:6) ली, 8 मई, 2019
ससससाााा.ककककाााा.ििििनननन. 333355551111((((अअअअ))))....————के(cid:11)(cid:12)ीय सरकार, कंपनी अिधिनयम, 2013 (2013 का 18) क(cid:31) धारा 469 क(cid:31) उपधारा(1)
और उपधारा (2) %ारा &द’ शि)य* का &योग करत े .ए, रा0ीय कंपनी िविध अिधकरण िनयम, 2016 का और सशं ोधन
करने के िलए िन3िलिखत िनयम बनाती ह,ै अथा9त ्:-
1. (1) इन िनयम* का संि=> नाम रा0ीय कंपनी िविध अिधकरण (दसू रा सशं ोधन) िनयम, 2019 ह।ै
(2) ये िनयम राजपB म Cइनके &काशन क(cid:31) तारीख को &व’ृ ह*ग।े
2. रा0ीय कंपनी िविध अिधकरण िनयम, 2016 (िजस े इसके पEात् मलू िनयम कहा गया ह)ै मC, िनयम 84 मC, उपिनयम (2)
के पEात,् िन3िलिखत उपिनयम अंतःGथािपत (cid:4)कय ेजाएंगे, अथात9 ् :-
“(3) शेयर पूंजी वाली कंपनी के मामल े मC, धारा 245 क(cid:31) उपधारा (1) के अधीन आवेदन फाइल करन े के िलए सदGय या
सदGय* क(cid:31) अपिे =त सKं या
(i) (क) कंपनी के सदGय* क(cid:31) कुल संKया का (cid:11)यूनतम पाँच &ितशत; या
(ख) कंपनी के एक सौ सदGय,
इनम Cसे जो भी कम हो; या
(ii) (क) असूचीबP कंपनी क(cid:31) दशा म,C कंपनी क(cid:31) जारी क(cid:31) गई शेयर पूंजी का (cid:11)यूनतम पाँच &ितशत धाQरत करने वाला या
करने वाल ेसदGय ह*ग;े
(ख) सूचीबP कंपनी क(cid:31) दशा म,C कंपनी क(cid:31) जारी क(cid:31) गई शेयर पूंजी का (cid:11)यनू तम दो &ितशत धाQरत करने वाला या करन ेवाल े
सदGय ह*गे।
2386 GI/2019 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
(4) धारा 245 क(cid:31) उपधारा(1) के अधीन आवेदन फाइल करने के िलए जमाकता9 या जमाकताR9 क(cid:31) अपिे =त सKं या
(i) (क) कंपनी के जमाकताR9 क(cid:31) कुल संKया का (cid:11)यूनतम पाँच &ितशत; या
(ख) कंपनी के एक सौ जमाकता,9
इनम Cसे जो भी कम हो; या
(ii) वह जमाकता9 या व ेजमाकता 9िजनक(cid:31) कंपनी अपनी कुल जमा का पाँच &ितशत क(cid:31) दने दार होगी।”
3. मलू िनयम* मC, फ(cid:31)स क(cid:31) अनसु ूची मC, Sम संKया 28 का लोप (cid:4)कया जाएगा।
[फा.स.ं 1/30/2013-सीएल-V]
के.वी.आर. मूTत, संयु) सिचव
(cid:1)(cid:1)(cid:1)(cid:1)टटटट(cid:3)(cid:3)(cid:3)(cid:3)पपपपणणणण ::::---- मलू िनयम भारत के राजपB, असाधारण, भाग-II, खंड-3, उप-खंड (i) मC तारीख 21 जुलाई, 2016 क(cid:31) अिधसूचना
सKं या सा.का.िन. 716 (अ) %ारा &कािशत (cid:4)कए गए थे और तारीख 15 जनवरी, 2019 क(cid:31) अिधसूचना सKं या सा.का.िन.
29(अ) %ारा अिं तम बार संशोिधत (cid:4)कए गए।
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 8th May, 2019
G.S.R. 351(E).—In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 469 of
the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the
National Company Law Tribunal Rules, 2016, namely :-
1. (1) These rules may be called the National Company Law Tribunal (Second Amendment) Rules, 2019.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the National Company Law Tribunal Rules, 2016 (hereinafter referred to as the principal rules), in rule 84, after
sub-rule (2), the following sub-rules shall be inserted, namely: –
“(3) In case of a company having a share capital, the requisite number of member or members to file an
application under sub-section (1) of section 245 shall be -
(i) (a) at least five per cent. of the total number of members of the company; or
(b) one hundred members of the company,
whichever is less; or
(ii) (a) member or members holding not less than five per cent. of the issued share capital of the company,
in case of an unlisted company;
(b) member or members holding not less than two per cent. of the issued share capital of the company,
in case of a listed company.
(4) The requisite number of depositor or depositors to file an application under sub-section (1) of section 245
shall be -
(i) (a) at least five per cent. of the total number of depositors of the company; or
(b) one hundred depositors of the company,
whichever is less; or;
(ii) depositor or depositors to whom the company owes five per cent. of total deposits of the company.”¹Hkkx IIµ[k.M 3(i)º Hkkjr dk jkti=k % vlk/kj.k 3
3. In the principal rules, in the schedule of fees, serial No. 28 shall be omitted.
[F. No. 1/30/2013-CL.V]
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. 716(E), dated the 21st July, 2016 and were last amended vide notification number G.S.R. 29 (E) dated 15th
January, 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.