IEPF Authority (Appointment of Chairperson and Members, holding of meetings and Provision for offices and officers)Amendmemnt Rules, 2016

Last updated: 08 September 2016

Notice Date : 05 September 2016

GOVERNMENT OF INDIA

MINISTRY OF CORPORATE AFFAIRS

Notification

New Delhi, the 5th September 2016

G.S.R. (E) — In exercise of the powers conferred by section 469 read with sub-sections (5), (6) and (7) of section 125 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Investor Education and Protection Fund Authority (Appointment of Chairperson and Members, holding of meetings and provision for offices and officers) Rules, 2016, namely :-

1. (1) These rules may be called Investor Education and Protection Fund Authority (Appointment of Chairperson and Members, holding of meetings and provision for offices and officers) Amendment Rules, 2016.

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

2. In the Investor Education and Protection Fund Authority (Appointment of Chairperson and Members, holding of meetings and provision for offices and officers) Rules, 2016, after rule 3, the following rule shall be inserted, namely :-

“3A. “The Authority shall be a body corporate by the name aforesaid having perpetual succession and a common seal with power to acquire, hold and dispose of property, both movable and immovable, and to contract and shall, by the said name, sue or be sued.”

[F. No. 05/27/2013-IEPF]

Amardeep Singh Bhatia, Joint Secretary