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Core Purpose

Notification of the Companies (Registration of Foreign Companies) Amendment Rules, 2024, under the Companies Act, 2013, amending registration procedures for foreign companies.

Detailed Summary

The Ministry of Corporate Affairs issued G.S.R. 491(E) dated 12th August 2024, making the Companies (Registration of Foreign Companies) Amendment Rules, 2024, in exercise of powers under clauses (c) and (h) of sub-section (1) and sub-section (3) of section 380, clause (a) of sub-section (1) and sub-section (3) of section 381, and sections 385, 386(a), 389 and 390 read with section 469 of the Companies Act, 2013 (18 of 2013), effective from 9th September 2024. The amendment to the Companies (Registration of Foreign Companies) Rules, 2014 (principal rules published vide G.S.R. 266(E) dated 31st March 2014, last amended vide G.S.R. 36(E) dated 20th January 2023) replaces the word "registrar" in rule 3(3) with "Registrar, Central Registration Centre," and inserts a proviso to rule 8(1) requiring that registration documents for a foreign company referred to in rule 3(3) be delivered in Form FC-1 to the Registrar, Central Registration Centre. The notification is signed by Manoj Pandey, Additional Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-12082024-256301 EXTRAORDINARY PART II-Section 3-Sub-section (i) PUBLISHED BY AUTHORITY No. 452] NEW DELHI, MONDAY, AUGUST 12, 2024/SHRAVANA 21, 1946 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 12th August, 2024 G.S.R. 491(E). — In exercise of the powers conferred by clause (c) and clause (h) of sub-section (1) and sub- section (3) of section 380, clause (a) of sub-section (1) and sub-section (3) of section 381, section 385, clause (a) of section 386, section 389 and section 390, 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 (Registration of Foreign Companies) Rules, 2014 namely: - 1. (1) These rules may be called the Companies (Registration of Foreign Companies) Amendment Rules, 2024. (2) They shall come into force with effect from 09th day of September, 2024. 2. In the Companies (Registration of Foreign Companies) Rules, 2014, - (i) in rule 3, in sub-rule (3), for the word, “registrar”, the words, "Registrar, Central Registration Centre" shall be substituted. (ii) in rule 8, in sub-rule (1), the following proviso shall be inserted, namely:- "Provided that the documents for registration by a foreign company referred to in sub-rule (3) of rule (3) shall be delivered in Form FC-1 to the Registrar, Central Registration Centre.". [F. No. Policy-01/7/2022-CL-V-MCA] MANOJ PANDEY, Addl. Secy. Note: - The principal rules were published in the Gazette of India Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 266(E), dated the 31st March, 2014 and last amended, vide number G.S.R. 36 (E), dated the 20th January, 2023. 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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