Amendment to Companies (Appointment of Sole Agents) Amendment Rules, 2006

MINISTRY OF COMPANY AFFAIRS
NOTIFICATION

New Delhi, the 8th March, 2006

S.O. 147(E).— In exercise of the powers conferred by section 294AA read with clause (a) of sub-section (1) of section 642 and section 610A of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules further to amend the Companies (Appointment of Sole Agents) Rules, 1975, namely:‑

1. (1) These rules may be called the Companies (Appointment of Sole Agents) Amendment Rules, 2006.

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

2. In the Companies (Appointment of Sole Agent) Rules, 1975, ‑

(i) after rule 2, the following rules shall be substituted, namely:‑

“(2A). The Forms prescribed in these rules may be filed through electronic media or through any other computer readable media as referred under section 610A of the Companies Act, 1956 (1 of 1956).

(2B) The electronic-form shall be authenticated by the authorized signatories using digital signatures, as defined under the Information Technology Act, 2000 (21 of 2000).

(2C) The Forms prescribed in these forms, when filed in physical form, may be authenticated by authorized signatory by affixing his signature manually.”

(ii) for rule 3, the following rule shall be substituted, namely; –

“3. Where application is filed through electronic media or through any other computer readable media, the user may choose any one of the following payment options namely (i) Credit Card; or (ii) Internet Banking or (iii) Remittance at the Bank Counter or (iv) any other mode as approved by Central Government. The requisite fee as specified in the Companies (Fees on Applications) Rules, 1968 shall be payable through any of the accredited branches of following Banks –

(a) Punjab National Bank

(b) State Bank of India

(c) Indian Bank

(d) ICICI Bank

(e) HDFC Bank.”

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