Home India Ministry of Corporate Affairs In exercise of the powers conferred under second proviso to ...
Date: 2018-09-20 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred under second proviso to sub section 1 sub section 4

Issued by Ministry of Corporate Affairs · Not Applicable

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Executive Summary & Key Takeaways

This notification, G.S.R. 904(E), issued by the Ministry of Corporate Affairs on September 20, 2018, introduces the Companies (Appointment and Qualification of Directors) Sixth Amendment Rules, 2018. These rules, enacted under the authority of the Companies Act, 2013, amend the Companies (Appointment and Qualification of Directors) Rules, 2014. The key change involves an extension of the deadline in the proviso to rule 12A, substituting "15th September, 2018" with "5th October, 2018". These rules take effect from the date of their publication in the Official Gazette. The notification is issued under the authority of K.V.R. Murty, Joint Secretary. The principal notification, G.S.R. 259(E), was published on March 31, 2014, and has been subsequently amended by several notifications listed within the document (G.S.R. 671 E, G.S.R. 42E, G.S.R. 839 E, G.S.R.51E, G.S.R.431 E, G.S.R. 558E, G.S.R. 615 E, G.S.R.798 E). The file number for this notification is F. No. 01222013 CLV PtIII.

Key Entities Referenced

Companies Act, 2013: A law enacted by the parliament of India that regulates incorporation of a company, responsibilities of a company, directors, dissolution of a company, and other related activities. Central Government: The executive authority of the Union of India. Companies Appointment and Qualification of Directors Rules, 2014: Rules pertaining to the appointment and qualifications of directors in companies as per the Companies Act, 2013. New Delhi: The location where the notification was issued, New Delhi, Delhi, India Ministry of Corporate Affairs: The Indian government ministry responsible for the administration of the Companies Act 2013 and other related laws and regulations. K.V.R. Murty: The Joint Secretary who signed the notification. The Gazette of India: The official government gazette of India, publishing notifications, rules, and regulations. Companies Appointment and Qualification of Directors Sixth Amendment Rules, 2018: An amendment to the Companies Appointment and Qualification of Directors Rules, 2014
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