MCA - Amendment in schedule VII of Companies Act, 2013

Notification, [F. No. 1/18/2013-CL-V], dated 06th August, 2014

G.S.R. 568(E).—In exercise of the powers conferred by sub-section (1) of section 467 of the

Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following further amendments in Schedule VII of the said Act, namely:-

(1) In Schedule VII, after item (x), the following item and entry shall be inserted, namely:-

“(xi) slum area development.

Explanation.— For the purposes of this item, the term ‘slum area’ shall mean any area declared as such by the Central Government or any State Government or any other competent authority under any law for the time being in force.”

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

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Click here to download the complete text of the above Notification in PDF Format.

Source: Ministry of Corporate Affairs.