Companies (Incorporation) second Amendment Rules, 2020
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GOVERNMENT OF INDIA
MINISTRY OF CORPORATE AFFAIRS
MINISTRY OF CORPORATE AFFAIRS
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NOTIFICATION
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New Delhi, 12th March, 2020
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G.S.R.(E).- In exercise of the powers conferred by section-3, sub-section (1) of section 7 and sub-section (1) and (2) of section 69 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: –
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1. (1) These rules may be called the Companies (Incorporation) second Amendment Rules, 2020′
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(2) They shall come into force on the date of their publication in the official Gazette.
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2. In the Companies (Incorporation) Rules, 2014, in the Annexure, in Form No. INC-28, in serial no. 5, in clause (a) after sub-clause (ii), the following shall be inserted, namely’-
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“(iii) Section of Insolvency and Bankruptcy Code, 2016 under which order passed”
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[F. No.2013 CL-V, Vol.IV]
K.V.R. MURTY, Joint Secretary
K.V.R. MURTY, Joint Secretary
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Note: The PrinciPal rules were published in the Gazette of lndia Extraordinary part II, Section 3, Sub-section (i), vide number GSR, 250(E), dated the 31st March, 2014 and last amended vide number GSR 128 (E) dated the 18th February, 2020
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- Prima facie satisfaction u/s 148 can not be a non-existing or incorrect information
- Mutual Funds to value physical Gold and Silver by using the polled spot prices
- SC allows simultaneous CIRP proceedings against principal debtor & corporate guarantor
- Merely because sales were declared for only one month, same cannot be treated as bogus
- ITAT deleted addition as method of accounting had been accepted in earlier years



