The Ministry of Corporate Affairs has notified the Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2025, effective from their publication on December 31, 2025. The amendment modifies Rule 4(3) of the 2016 Rules by inserting an additional proviso governing Government companies, including their subsidiaries. Under the revised framework, where a Government company seeks removal of its name from the Register of Companies, the indemnity bond in Form STK-3A for directors appointed or nominated by the Central or State Government must now be executed by an authorised government representative. Such representative must hold a rank not below Under Secretary or its equivalent in the concerned administrative Ministry or Department of the Central or State Government. The change aims to streamline accountability and formalise the process for Government companies during strike-off proceedings, ensuring that indemnity obligations are backed by appropriate governmental authority rather than individual directors alone.
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 31st December, 2025
G.S.R. 940(E).—In exercise of the powers conferred by sub-sections (1), (2) and (4) of section 248 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016, namely:-
1. Short title and commencement.— (1) These rules may be called the Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2025.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016, in rule 4, in sub-rule (3), after the proviso, the following proviso shall be inserted, namely: —
“Provided further that in case of any other Government Company, including its subsidiaries, the indemnity bond in Form STK-3A, in respect of one or more directors appointed or nominated by the Central Government or State Government, shall be given by an authorised representative not below the rank of Under Secretary or equivalent, in the administrative Ministry or Department of the Government of India or the State Government, as the case may be, on behalf of the Company.”.
[F. No. 1/28/2013-CL-V(Part-III)]
BALAMURUGAN D., Jt. Secy.
Note : The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3 of Sub-section (i), vide number G.S.R. 1174(E), dated the 26th December, 2016 and subsequently amended, vide notification numbers G.S.R 355(E), dated the 12th April, 2017, G.S.R 350(E), dated the 8th May, 2019, G.S.R 420(E), dated the 29th June, 2020, G.S.R. 436(E), dated the 9th June, 2022, G.S.R. 658(E), dated the 24th August, 2022, G.S.R. 298(E), dated the 17th April, 2023 and G.S.R. 354(E), dated the 10th May, 2023.
