Today
i.e. October 23, 2013 is the last date for submission of suggestions/ comments
for the 2nd tranche of Draft Rules being framed under the Companies Act, 2013.
Earlier, the Ministry of Corporate Affairs had extended the date by 4 days to
23rd October 2013. After today 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).
Forms for 9 chapters issued under 2nd phase have also been put for public comments. 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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