Quick Summary
The Ministry of Corporate Affairs has made amendments in theCompanies (Appointment and Qualification of Directors) Rules, 2014. Read the official notification below: MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 28th September, 2020 G.S.R. 589(E).In exercise of the powers conferr
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FAQ :
These are new rules introduced by the Ministry of Corporate Affairs that further amend the Companies (Appointment and Qualification of Directors) Rules, 2014.
The rules came into force on the date of their publication in the Official Gazette.
In rule 6, sub-rule (1), clause (a), the period 'ten months' has been substituted with 'thirteen months'.
The Ministry of Corporate Affairs issued these amendments.
The amendment extends a specific timeframe related to director appointments from ten months to thirteen months.
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