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Core Purpose

Notification by the Ministry of Corporate Affairs making the Companies (Incorporation) Amendment Rules 2024, omitting references to 'Nidhi' companies and clause (v) from Rule 8A(1) of the Companies (Incorporation) Rules 2014.

Detailed Summary

G.S.R. 411(E), issued by the Ministry of Corporate Affairs on 16 July 2024 under Sections 469(1) and 469(2) of the Companies Act, 2013 (18 of 2013), makes the Companies (Incorporation) Amendment Rules, 2024, effective from publication in the Official Gazette, further amending the Companies (Incorporation) Rules, 2014 (principal rules published vide G.S.R. 250(E) dated 31 March 2014, last amended vide G.S.R. 790(E) dated 20 October 2023). The amendment, in Rule 8A(1), omits the word 'Nidhi' from clause (p) and omits clause (v) in its entirety. Issued under File No. 1/13/2013-CL-V, Vol. IV, and signed by Manoj Pandey, Additional Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-17072024-255485 EXTRAORDINARY PART II—Section 3—Sub-section (i) PUBLISHED BY AUTHORITY No. 374] NEW DELHI, TUESDAY, JULY 16, 2024/ASHADHA 25, 1946 4295 GI/2024 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 16th July, 2024 G.S.R. 411(E). In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Incorporation) Rules, 2014, namely: - 1. (1) These rules may be called the Companies (Incorporation) Amendment Rules, 2024. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Companies (Incorporation) Rules, 2014, in rule 8A, in sub-rule (1),- (i.) in clause (p), the word "Nidhi", shall be omitted; (ii.) clause (v) shall be omitted. [F. No. 1/13/2013-CL-V, Vol. IV] MANOJ PANDEY, Addl. Secy. Note: The principal rules were published in the Gazette of India, Extraordinary, PART II, Section 3, Sub- Section (i), vide notification number G.S.R. 250(E), dated the 31st March, 2014 and lastly amended vide number G.S.R. 790 (E), dated the 20th October, 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. GORAKHA NATH Digitally signed by GORAKHA YADAVA NATH YADAVA Date: 2024.07.17 13:49:50 +0530

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