**Policy Summary:**
This notification, issued by the Ministry of Corporate Affairs on February 14, 2020, introduces the Nidhi Second Amendment Rules, 2020. These rules amend the Nidhi Rules, 2014, specifically rule 23A, by substituting "six months" with "nine months." This change pertains to a deadline or timeframe within the original Nidhi Rules, extending it by three months. The amendment is enacted under the powers conferred by subsection 1 of section 406 read with subsections 1 and 2 of section 469 of the Companies Act, 2013 (18 of 2013). The rules came into force on February 14, 2020, the date of their publication in the Official Gazette. The notification number is G.S.R. 114(E). The order was issued under F. No. 1242013CL.V Part1, and K. V. R. Murty, Jt. Secy., is the contact person. The principal rules were previously published under G.S.R. 258(E) on March 31, 2014, and amended by G.S.R. 467(E) on July 1, 2019, and G.S.R. 81(E) on February 3, 2020.
Key Entities Referenced
Companies Act, 2013: A law enacted by the Parliament of India that regulates incorporation, operation and winding up of companies.
Nidhi Rules, 2014: A set of rules pertaining to Nidhi companies in India, as per the Companies Act, 2013.
Nidhi Second Amendment Rules, 2020: An amendment to the Nidhi Rules, 2014.
Ministry of Corporate Affairs: A ministry in the Government of India responsible for regulating corporate affairs.
New Delhi: The capital of India and the location of the notification.
K. V. R. Murty: Joint Secretary of Ministry of Corporate Affairs.
The Gazette of India: An official journal of the Government of India, publishing official rules and regulations.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. NO. D. L.-33004/99
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सी.जी.-डी.एल.-अ.-15022020-216182
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CG-DL-E-15022020-216182
असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (i)
PART II—Section 3—Sub-section (i)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 96] नई दिल्ली, िुक्रवार, फरवरी 14, 2020/माघ 25, 1941
No. 96] NEW DELHI, FRIDAY, FEBRUARY 14, 2020/MAGHA 25, 1941
कारपोरेट कार् य मत्रं ालर्
अजधसचू ना
नई दिल्ली, 14 फरवरी, 2020
सा.का.जन. 114(अ).—केन्द रीर् सरकार, कंपनी अजधजनर्म, 2013 (2013 का 18) की धारा 469 की
उप-धारा (1) और उप-धारा (2) के साथ पठित धारा 406 की उप-धारा (1) द्वारा प्रित् त िजतियर् का प्रर्ोग करत े
हुए, जनजध जनर्म, 2014 का और संिोधन करन े के जलए जनम्न जलजखत जनर्म ननाती ै अथायत —
1. (1) इन जनर्म का संजिप् त नाम जनजध (िसू रा संिोधन) जनर्म, 2020 ै।
(2) र् ेरािपत्र म ेंइनके प्रकािन की तारीख स ेप्रवृत् त ै गे।
2. जनजध जनर्म, 2014 में, जनर्म 23क म,ें “छै माै” िब्ि के जलए “नौ माै” िब्ि रखे िाएंगे।
[फा. सं. 1/24/2013-सीएल-V (भाग-1)]
के.वी.आर. मूर्त,य संर्ुक् त सजचव
ठटप्प ण मूल जनर्म भारत के रािपत्र, असाधारण, भाग- II, खंड 3, उप-खंड (i) म ें सा.का.जन. 258(अ), तारीख
31 माच,य 2014 के माध्र्म स े प्रकाजित दकए गए थ े और इसके पश्चात, अजधसूचना संख्र्ा
सा.का.जन. 467(अ), तारीख 01 िुलाई, 2019 और अजधसूचना संख्र्ा सा.का.जन. 81(अ) तारीख
03 फरवरी, 2020 के माध्र्म स े संिोजधत दकए गए।
917 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 14th February, 2020
G.S.R. 114(E).—In exercise of the powers conferred by sub-section (1) of section 406 read
with 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 Nidhi Rules, 2014, namely:—
1. (1) These rules may be called the Nidhi (Second Amendment) Rules, 2020.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Nidhi Rules, 2014, in rule 23A, for the words “six months” the words “nine months” shall
be substituted.
[F. No. 1/24/2013-CL.V (Part-1)]
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. 258(E), dated the 31st March, 2014 and subsequently
amended vide notification number G.S.R. 467(E), dated the 1st July, 2019 and vide
notification number G.S.R. 81(E) dated the 3rd February, 2020.
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.