Government of India

Ministry of Corporate Affairs

Notification

Dated- 23rd  June, 2014

G.S.R. 415(E). In exercise of the powers conferred under sub-section (1) of section 88, sub-section (4) of section 88, sub-section (1) of section 89, sub-section (2) section 89, sub-section (6) of section 89, sub-section (1) of section 91, sub-section (2) of section 92, sub-section (3) of section 92, section 93, sub-section (1) of section 94, sub-section (4) of section 100, sub-section (2) of section 114, sections 102, 101, 105, 108, sub-section (5) of section 109, sections 112, 113, 110, sub-section (3) of section 186, section 115, sub-section (1) of section 117, sub-section (1) of section 118, sub-section (2) of section 119, section 120 and sub-section (1) of section 121, 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 to amend the Companies (Management and Administration) Rules, 2014, namely: –

1. (1) These rules may be called the Companies (Management and Administration) Amendment Rules, 2014.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Companies (Management and Administration) Rules, 2014, in rule 20,

(i) in sub-rule (1), the following shall be inserted, namely:-

“Provided that the Company may provide the facility referred to in this sub-rule on or before the 1st day of January 2015.”

(ii) in sub-rule (3), for the words “which opts to provide”, the words “which provides” shall be substituted.

[F. No. 01/34/2013 CL-V]

(Amardeep Singh Bhatia)

Joint Secretary to the Government of India

Note.- The principal rules were published in the Gazette of India vide notification number G.S.R. 260(E), dated the 31st March, 2014.

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