MCA Amendment

MCA Amendment – On 29 April 2020 according to powers of the Central government given under Section 149 read with Section 469 of Companies Act, 2013, the Ministry of Corporate Affairs issued notification for the amendment in Appointment and Qualification of Directors Rules 2014.

These rules may be called as the Companies (Appointment and Qualification of Directors) Second Amendment Rules 2020.

They shall come into force on the date of their publication in the official Gazette.

In the Companies (Appointment and Qualification of Directors) Rules 2014

In rule 6, sub-rule (1), in clause (a) for the words “five months”, the words “seven months” shall be substituted.

FOR OFFICIAL NOTIFICATION, CLICK HERE.