Home India Ministry of Corporate Affairs In exercise of the powers conferred by sub section 1 of sect...
Date: 2020-06-23 Category: Extra Ordinary State: Union Government Country: India

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 further amendments in Schedule VII to the said Act

Issued by Ministry of Corporate Affairs · Not Applicable

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Executive Summary & Key Takeaways

**Policy Summary:** This notification, G.S.R. 399(E), issued by the Ministry of Corporate Affairs on June 23, 2020, enacts an amendment to Schedule VII of the Companies Act, 2013 (18 of 2013). The amendment, made under the authority of subsection 1 of section 467 of the Act, expands the scope of eligible beneficiaries under item (vi) of Schedule VII to include "Central Armed Police Forces (CAPF) and Central Para Military Forces (CPMF) veterans, and their dependents including widows." This addition supplements the existing provision for war widows and their dependents. The notification takes effect on the date of its publication in the Official Gazette. Further information can be obtained from Gyaneshwar Kumar Singh, Jt. Secy., F. No. 13/18/2019-CSR. The Schedule VII was brought into force with effect from the 1st April, 2014.

Key Entities Referenced

Companies Act, 2013: An Act of the Parliament of India that regulates incorporation of companies, responsibilities of a company, directors, dissolution of a company, etc. Schedule VII: A schedule to the Companies Act, 2013, which specifies the activities that can be undertaken by companies to fulfill their Corporate Social Responsibility (CSR) obligations. Central Government: The executive authority of the Union of India. Ministry of Corporate Affairs: A ministry in the Government of India responsible for regulating corporate affairs. New Delhi: The capital of India, where the notification was issued. Central Armed Police Forces: The umbrella name for internal security forces in India under the authority of Ministry of Home Affairs. Central Para Military Forces: It is same as Central Armed Police Forces Gyaneshwar Kumar Singh: Joint Secretary in the Ministry of Corporate Affairs, Government of India who signed the notification.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एल.-अ.-24062020-220133 xxxGIDExxx CG-DL-E-24062020-220133 असाधारण EXTRAORDINARY भाग II—खण्ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 308] नई कदल्ली, मगं लिार, िनू 23, 2020/आषाढ़ 2, 1942 No. 308] NEW DELHI, TUESDAY, JUNE 23, 2020/ASADHA 2, 1942 कारपोरेट काय य मत्रं ालय ubZ fnYyh] 23 twu] 2020 .—केंद्रीय सरकार, कंपनी अजधजनयम, 2013 (2013 का 18) की धारा 467 की उप-धारा (1) द्वारा प्रदत्त िजियक का प्रयोग करत े एए, उि अजधजनयम की अनुसूची-VII म ें जनम्नजलजखत और संिोधन करती ह,ै अथायत:् — उि अनुसूची की मद (vi) म,ें “युद्ध जिधिाओं और उनके आजितक” िब्दक के पश्चात् “केंद्रीय सिस्त्र पुजलस बल (सीएपीएफ) और केंद्रीय अधय-सैजनक बल (सीपीएमएफ) सेिाजनिृत्त सैजनकक और जिधिाओं सजहत उनके आजितक” िब्द अंत:स्ट्थाजपत ककए िाएंगें। 2. यह अजधसूचना रािपत्र में इसके प्रकािन की तारीख को प्रिृत्त होगी। [फा.सं. 13/18/2019-सीएसआर] ज्ञानेश्वर कुमार ससह, संयुि सजचि टटप्पण: अनुसूची-VII तारीख 01 अप्रलै , 2014 से प्रिृत्त एई थी और उसे (01 अप्रलै , 2014 से प्रभािी) अजधसूचना संख्या सा.का.जन. 130(अ) तारीख 27 फरिरी, 2014, िुजद्ध-पत्र सख्ं या सा.का.जन. 261(अ) तारीख 31 माच,य 2014, अजधसूचना संख्या सा.का.जन. 568(अ) तारीख 06 अगस्ट्त, 2014, अजधसूचना संख्या सा.का.जन. 741(अ) तारीख 24 अिूबर, 2014, अजधसचू ना संख्या सा.का.जन. 390(अ) तारीख 30 मई, 2019, अजधसूचना संख्या सा.का.जन. 776(अ) तारीख 11 अिूबर, 2019 और िुजद्धपत्र संख्या सा.का.जन. 859(अ) तारीख 19 निंबर, 2019 और अजधसूचना संख्या सा.का.जन. 313(अ) कदनांक 26 मई, 2020 द्वारा संिोधन ककए गए थे। 2753 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 23rd, June 2020 G.S.R. 399(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 further amendments in Schedule VII to the said Act, namely:— In the said Schedule, in item (vi), after the words “war widows and their dependents”, the words “Central Armed Police Forces (CAPF) and Central Para Military Forces (CPMF) veterans, and their dependents including widows;” shall be inserted. 2. This notification shall come into force on the date of its publication in the Official Gazette. [F. No. 13/18/2019-CSR] GYANESHWAR KUMAR SINGH, Jt. Secy. Note: The Schedule VII was brought into force with effect from the 1st April, 2014 and was amended (effective from the 1st April, 2014) vide notification number G.S.R. 130(E), dated the 27th February, 2014, Corrigenda number G.S.R. 261(E), dated the 31st March, 2014, notification number G.S.R. 568(E), dated the 6th August, 2014, notification number G.S.R. 741(E), dated the 24th October, 2014, notification number G.S.R. 390(E), dated the 30th May, 2019, notification number G.S.R. 776(E), dated the 11th October, 2019, Corrigenda number GSR 859(E), dated the 19th November, 2019 and notification number G.S.R. 313(E) dated 26th May, 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.

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