Companies (Meetings of board and its powers) 2nd Amdt Rules 2020

Last updated: 25 June 2020

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The Ministry of Corporate Affairs has issued the Companies (Meetings of Board and its Powers) Second Amendment Rules, 2020. These rules amend the existing 2014 rules, specifically changing the date mentioned in sub-rule (2) of rule 4. The deadline has been extended from 30th June 2020 to 30th September 2020. These amendments come into effect upon their publication in the Official Gazette.

MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 23rd June, 2020

G.S.R. 395(E). In exercise of the powers conferred by sections 173, 177, 178 and section 186 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Meetings of Board and its Powers) Rules, 2014, namely:2

1.(1) These rules may be called the Companies (Meetings of Board and its Powers) Second Amendment Rules, 2020.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Companies (Meetings of Board and its Powers) Rules, 2014, in rule 4 in sub-rule (2), for the figures, letters and word “30th June, 2020”, the figures, letters and word “30th September, 2020”shall be substituted.

[F. No. 1/32/2013-CL-V-Part]

K. V. R. MURTY, Jt. Secy.

Note : The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide notification number G.S.R. 240(E), dated the 31st March, 2014 and subsequently amended as follows:‑

1. G.S.R. 398 (E), dated the 12th June, 2014;

2. G.S.R. 590 (E), dated the 14th August, 2014;

3. G.S.R. 206 (E), dated the 18th March, 2015;

4. G.S.R. 971(E), dated the 14th December, 2015;

5. G.S.R. 309 (E), dated the 30th March, 2017;

6. G.S.R. 880 (E), dated the 13th July, 2017;

7. G.S.R. 429 (E), dated the 7th May, 2018;

8. G.S.R. 777 (E) dated the 11th October, 2019;

9. G.S.R. 857 (E) dated the 18th November, 2019; and

10. G.S.R. 186 (E) dated the 19th March, 2020.