Last Date for
submitting Suggestions for the 2nd Tranche of Draft Rules under the Companies
Act 2013 extended by 4 Days
The
Ministry of Corporate Affairs has extended by 4 days the last date for
submission of suggestions/ comments for the 2nd tranche of Draft Rules being
framed under the Companies Act, 2013. Earlier, the last date was fixed as 19th
of this month but now it has been extended to 23rd October 2013. After that the
system will not accept any suggestions/ comments on the subject. In this phase,
following nine Chapters have been covered:
1. Chapter III - Prospectus and Allotment
of Securities;
2. Chapter IV - Shares Capital and
Debentures;
3. Chapter VII - Management and
Administration;
4. Chapter XIII - Appointment and
Remuneration of Managerial Personnel;
5. Chapter XV - Compromises, Merger and
Amalgamations;
6. Chapter XVII - Registered Valuers;
7. Chapter XXI - Companies authorized to
register under this Act;
8. Chapter XXVII - National Company Law
Tribunal and Appellate Tribunal; and
9. Chapter XXVIII - Special Courts
(Mediation and Conciliation Panel).
Earlier,
the Ministry had invited suggestions/ comments for the first tranche of Draft
Rules being framed under the Companies Act, 2013. The last date for sending
such suggestions was 10th October. Under the first tranche of Draft Rules, 16 Chapters
had been covered.
All
the Draft Rules put out for public comments, as also the Companies Act, are
available on the website of the Ministry of Corporate Affairs.
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