The Companies (Incorporation) Second Amendment Rules, 2022. Amendment to Form INC-9 & INC-32 (SPICe+)
MCA has notified the Companies (Incorporation) Second Amendment Rules, 2022 amending the Companies (Incorporation) Rules, 2014.
The Form INC-9 related to Declaration by Subscribers and First Directors has been amended with effect from 1st June, 2022.
Now, the declaration includes compliance of Government approval under the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 where applicable.
Further, in Form INC-32 (SPICe+), in Part-B, in Declaration, the following words have been inserted at the end, namely:-
“I, on behalf of the proposed directors, hereby declare that person seeking appointment is a national of a country which shares a land border with India, necessary security clearance from Ministry of Home Affairs, Government of India shall be attached with the consent. O Yes O No. (if yes is opted, a copy of the security clearance is to be attached
Download MCA Notification Click Here >>
- ITAT allows exemption of Rs. 25 lakhs u/s 10(10A) to non-government employees
- PCIT has revisionary jurisdiction u/s 263 over the cases passed by the NFAC or the JAO
- Appellate court interfering with MACT finding must undertake reappreciation of evidence
- When delay is not huge & involves huge monetary liability, lenient approach to be taken
- EoGM of company can not ratify diversion of fund raised by preferential issue – SC
 Second Amendment Rules 2022){kind=link}