Companies Act

Delegation of powers to RDs-conversion of Public company into private and different Accounting Year

Delegation of powers to Regional Directors for alteration of articles for conversion of public ltd company to private and different accounting year

MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION

New Delhi, the 18th December, 2018

S.O. 6225 (E).—In exercise of the powers conferred by section 458 of the Companies Act, 2013 (18 of 2013), the Central Government hereby delegates to the Regional Directors at Mumbai, Kolkata, Chennai, New Delhi, Ahmedabad, Hyderabad and Shillong, the powers and functions vested in it under the first proviso to clause (41) of section 2 and second proviso to sub-section (1) of section 14 of the said Act, subject to the condition that the Central Government may revoke such delegation of powers or may itself exercise the powers under the said sub-section, if in its opinion such a course of action is necessary in the public interest.

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

[F. No. 1/06/2014-CL-V, Part-I]
K. V. R. MURTY, Jt. Secy.

Share

Recent Posts

  • Insurance

Liability under MV Act can’t be decided on the grounds of sympathy alone – Supreme Court

Liability under the Motor Vehicles Act can’t be decided on the grounds of sympathy alone but must be established by…

37 minutes ago
  • ICAI

ICAI notifies dates of CA Foundation, Intermediate & Final Exams May 2026

ICAI notifies Dates of CA Foundation, Intermediate and Final Exams May 2026 The Institute of Chartered Accountants of India has…

2 hours ago
  • Income Tax

Interest u/s 234A can’t be levied on self-assessment tax paid before due date of filing ITR

Interest under section 234A cannot be levied on self-assessment tax paid before the due date of filing of return of…

4 hours ago
  • SEBI

SEBI defers timeline for implementation of Phase III of Nomination

SEBI defers timeline for implementation of Phase III of Nomination SEBI had issued a circular on “Revise and Revamp Nomination…

21 hours ago
  • RBI

RBI revises directions on opening & Maintenance of CC, CA & OD by Banks

RBI revises directions on opening & Maintenance of Cash Credit accounts, Current Accounts and Overdraft Accounts by all Banks Reserve…

23 hours ago
  • Income Tax

RP can not claim income tax refund for period prior to approval of resolution plan

Resolution Professional can’t claim income tax refund for a period prior to approval of the resolution plan In a recent…

24 hours ago