Companies Act 2013 -Govt delegates powers to Regional Directors u/s 458

By | December 22, 2016
(Last Updated On: December 22, 2016)

MINISTRY OF CORPORATE AFFAIRS

NOTIFICATION

New Delhi, the 19th December, 2016

S.O. 4090(E).—In exercise of the powers conferred by Section 458 of the Companies Act, 2013 (18 of 2013), and in supersession of the notification of the Government of India, in the Ministry of Corporate Affairs, dated the 10th July, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, sub-section (ii) vide number S.O. 1539(E), dated the 10th July, 2012, and also in supersession of the notification of the Government of India, in the Ministry of Corporate Affairs, dated the 21st May, 2014, published in the Gazette of India, Extraordinary, Part II, Section 3, sub-section (ii) vide number S.O. 1352(E), dated the 22nd May, 2014, except as respects things done or omitted to be done before such supersession, the Central Government hereby delegates to the Regional Directors at Mumbai, Kolkata, Chennai, New Delhi, Ahmedabad, Hyderabad and Shillong, the powers and functions vested in it under the following sections of the said Act, subject to the condition that the Central Government may revoke such delegation of powers or may itself exercise the powers under the said sections, if in its opinion such a course of action is necessary in the public interest, namely :—

(a) clause (i) of sub-section (4) of section 8 (for alteration of memorandum in case of conversion into another kind of company);

(b) sub-section (6) of section 8;

(c) sub-sections (4) and (5) of section 13;

(d) section 16;

(e) section 87;

(f) sub-section (3) of section 111;

(g) sub-section (1) of section 140;

(h) sub-section (5) of section 230;

(i) sub-sections (2), (3), (4), (5) and (6) of section 233;

(j) first and second proviso of sub-section (3) of section 272;

(k) sub-section (1) of section 348;

(l) sections 361, 362, 364 and 365

(m) clause (i) of the proviso to sub-section (1) of section 399 and

(n) section 442.

2. This notification shall come into force with effect from the date of its publication in the Official Gazette.

[F. No. 2/31/CAA/2013-CL-V]

AMARDEEP SINGH BHATIA, Jt. Secy

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