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MCA Notification - Delegation of Powers under Section 458 of Companies Act, 2013 to ROCs

Notification, [F.No.1/6/2014-CL.V], dated 21st May, 2014

Delegation of Powers under Section 458 of Companies Act, 2013 to ROCs

S.O. __________ (E). - In exercise of the powers conferred by Section 458 of the Companies Act, 2013 (18 of 2013), and in supersession of the notification of the Government of India, Ministry of Corporate Affairs, dated the 10th July, 2012, published in the Gazette of India, Extraordinary, Part-II, section 3, sub-section (ii) vide number S.O. 1538 (E), dated the 10th July, 2012, in so far as it relates to items (a) to (b) and items (d) to (e), except as respects things done or omitted to be done before such supersession, the Central Government hereby delegates to the Registrar of Companies, the power and functions vested in it under the following sections of the said Act, subject to the condition that the Central Government may revoke such delegation of powers or may itself exercise the powers and functions under the said sections, if in its opinion, such a course of action is necessary in the public interest, namely: -

(a) Sub-Section (2) of Section 4;
(b) Sub-Section (1) of Section 8;
(c) Clause (i) of Sub-Section (4) of Section 8, except for alteration of memorandum in case of conversion into another kind of company;
(d) Sub-Section (5) of Section 8; and
(e) Sub-Section (2) of Section 13.

2. This notification shall come into force from the date of its publication in the Official Gazette.
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