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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home3/a1636wpq/public_html/taxclick.org/wp-includes/functions.php on line 6114[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY,
\nPART II, SECTION 3, SUB-SECTION (i)]<\/p>\n
GOVERNMENT OF INDIA<\/p>\n
MINISTRY OF CORPORATE
\nAFFAIRS<\/p>\n
NOTIFICATION<\/p>\n
New Delhi, the 5th
\nJune, 2015<\/p>\n
G.S.R.__
\n(E). – In exercise of the powers
\nconferred by clauses (a) and (b) of sub-section (1) of section 462 and
\nin pursuance of sub-section (2) of said section of the Companies Act, 2013 (18
\nof 2013), the Central Government, in the interest of public, hereby
\ndirects that certain provisions of the
\nCompanies Act, 2013, as specified in column (2) of the Table, shall not apply
\nor shall apply with such exceptions, modifications and adaptations, as
\nspecified in column (3) of the said Table, to a private company, namely:-<\/p>\n
\n Serial <\/strong><\/p>\n number<\/strong><\/p>\n<\/td>\n Chapter\/ Section number\/ Sub-section(s) in the Companies Act, 2013<\/strong><\/p>\n<\/td>\n Exceptions\/ \/Adaptations<\/strong><\/p>\n<\/td>\n<\/tr>\n (1)<\/p>\n<\/td>\n (2)<\/p>\n<\/td>\n (3)<\/p>\n<\/td>\n<\/tr>\n 1.<\/p>\n<\/td>\n Chapter l, sub-clause (viii) of clause (76) of section 2.<\/p>\n<\/td>\n Shall not apply with respect 2.<\/p>\n<\/td>\n Chapter IV, section 43 and section 47<\/p>\n<\/td>\n Shall not apply where memorandum association of the company so provides.<\/p>\n<\/td>\n<\/tr>\n 3.<\/p>\n<\/td>\n Chapter IV, sub-clause <\/p>\n<\/td>\n Shall apply with modifications:-<\/p>\n In clause (a), in sub-clause Provided that notwithstanding section, in case periods lesser than specified in the said or sub-section shall apply.<\/p>\n<\/td>\n<\/tr>\n 4.<\/p>\n<\/td>\n Chapter IV, clause (b) In clause (b), for the “special words “ordinary shall be substituted.<\/p>\n<\/td>\n<\/tr>\n 5.<\/p>\n<\/td>\n Chapter IV, section Shall not apply to companies –<\/p>\n (a) in whose share other body corporate has (b) if the borrowings a company from banks financial institutions body corporate is less twice its paid up share (c) such a company is default in repayment 6.<\/p>\n<\/td>\n Chapter V, clauses (a) Shall not apply to a private details of monies so accepted 7.<\/p>\n<\/td>\n Chapter VII, sections 101 Shall apply unless specified in respective 8.<\/p>\n<\/td>\n Chapter VII, clause Shall not apply.<\/p>\n<\/td>\n<\/tr>\n 9.<\/p>\n<\/td>\n Chapter X, Clause (g) Shall apply with the<\/p>\n modification that the “other than one companies having share capital less hundred crore be inserted after the “twenty 10.<\/p>\n<\/td>\n Chapter XI, section Shall not apply.<\/p>\n<\/td>\n<\/tr>\n 11.<\/p>\n<\/td>\n Chapter XI, section Shall not apply.<\/p>\n<\/td>\n<\/tr>\n 12.<\/p>\n<\/td>\n Chapter Xll, section Shall not apply.<\/p>\n<\/td>\n<\/tr>\n 13.<\/p>\n<\/td>\n Chapter XII, Shall apply with the participate in such meeting 14.<\/p>\n<\/td>\n Chapter Xll, section Shall not apply to a private (a) in whose share other body corporate has (b) if the borrowings of and<\/p>\n (c) such a company has 15.<\/p>\n<\/td>\n Chapter XIl, second Shall not apply.<\/p>\n<\/td>\n<\/tr>\n 16.<\/p>\n<\/td>\n Chapter XIII, Shall not apply.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n <\/p>\n 2. The private companies, <\/p>\n 3. A copy of this <\/p>\n [F No 1\/ 1\/2014-CL.V]<\/p>\n Sd\/-<\/p>\n Amardeep Singh Bhatia,<\/p>\n Joint Secretary to the Government of India<\/p>\n","protected":false},"excerpt":{"rendered":" [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 5th June, 2015 G.S.R.__ (E). – In exercise of the powers conferred by clauses (a) and (b) of sub-section (1) of section 462 and in pursuance of sub-section (2) … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[112],"class_list":["post-359","post","type-post","status-publish","format-standard","hentry","category-company-law","tag-private"],"yoast_head":"\n |