Companies Act

Key Highlights-Companies Incorporation Amendment Rules 2016

The Central Government, by notification dated 27th July, 2016 has amended the Companies Incorporation Rules 2014 by the Third Amendment Rules of 2016. 

The key Highlights of the major amendments are as under:

Rule(s) Changes made
Rule 8 Undesirable Names Reference made to Trade Marks Act, 1999
Rule 13 Signing of Memorandum and Articles the type written or printed particulars of the subscribers and witnesses allowed
Rule 16 Particulars of subscribers to be filed with ROC

Proof of identity and residence of a subscriber holding a valid and updated DIN  need not be attached

Rule 26 Publication of name by company

Company having a website to disclose disclose/publish its name, address of its registered office, the Corporate Identity Number, Telephone number, fax number if any , email and the name ofthe person who may be contacted in case of any queries or grievances on the landinglhome page of the said website.

Rule 28 Shifting of registered office within the same State

Shifting of registered office shall be allowed on completion of inquiry, inspection or investigation as a consequence of which no prosecution is envisaged or no prosecution is pending,

 

Rule 29 Alteration of Memorandum by change of name

Company to be allowed to change its name upon filing due annual return/financial statements or payment of matured deposits.

Rule 30 Shifting of registered office from one State or Union territory to another State

NOC from RBI and SEBI is also required for NBFC and listed companies respectively.

Shifting of registered office shall be allowed on completion of inquiry, inspection or investigation as a consequence of which no prosecution is envisaged or no prosecution is pending

Rule 37. Conversion of unlimited Iiability company into a limited Iiability company by shares or guarantee

New Rule inserted

 

Share

Recent Posts

  • ICAI

Empanelment of ICAI Exam observer for January 2027 Examinations. Last date: 20.11.2026

Empanelment to act as ICAI exam observers for January 2027 CA Examination. Last date to apply is 20.11.2026 Empanelment of…

5 hours ago
  • GST

No arrest under GST- Major decision of 57th Meeting of GST Council held on 8th October 2026

No arrest under GST- Major decision taken in 57th Meeting of the GST Council on 8th October 2026 PRESS RELEASE…

2 days ago
  • Income Tax

Later SC ruling cannot render an act done in compliance of a court order a statutory default

A subsequent Apex Court ruling on the substantive issue cannot retrospectively make an act done in compliance of a binding…

2 days ago
  • Income Tax

Interest payment on mobilisation advance to NHAI not liable to TDS u/s 194A

Interest payment on mobilisation advance to NHAI not liable for deduction of tax at source u/s 194A - ITAT Interest…

3 days ago
  • Income Tax

Typographical error in turnover accepted during assessment not a mistake apparent from record

Typographical error in turnover declared in ITR was not as a mistake apparent from the record u/s 154 when AO…

5 days ago
  • Income Tax

Plea that assessee was not aware of order cannot be brushed aside in absence of proof of service

Ground taken by assessee that he was not aware of the order cannot be brushed aside so lightly in absence…

5 days ago