Companies Amendment Rules 2015 for Appointment & Qualification of Directors


Highlights of Companies Amendment Act 2015. Requirement for paid-up capital and commencement of business certificate has been removed. The Companies (Appointment & Qualification of Directors) Amendment Rules, 2015. Here MCA Issued Notification for Companies Amendment Rules 2015  for Appointment & Qualification of Directors. Read full News from Below

Companies Amendment Rules 2015

[To be published in the Gazette of India’ Extraordinary’ Part-ll’ Section 3′ Sub-section (i)]

Government of India Ministry of Corporate Affairs NOTIFICATION

G.S.R. ………(E) — ln exercise of the powers conferred by the second proviso to sub Section (1),  sub Section (4),  and clause (1) of sub-section (6) of section 149, sub-sections (3) and (4) of Section 150, Section 151, sub-section (5) of section 152′ section 153′ section 154′ section 157 section 160, sub section (l) of section 168 and section 170 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 (Appointment and Qualification of Directors) Rules, 2014, namely –

l. (l)These rules may be called the Companies (Appointment and Qualification of Directors) Amendment Rules, 2015.

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

2. ln the Companies (Appointment and Qualification of Directors) Rules’ 2014′ in rule 16′ the following proviso shall be inserted, namely:-

“Provided that in case a company has already filed Form DIR-12 with the Registrar under rule 15, a foreign director of such company resigning from his office may authorise in writing a Practising Chartered Accountant or Cost Accountant in Practice or Company Secretary in Practice or any other resident director of the company to sign Form DIR-11 and file the same on his behalf intimating the reasons for the resignation “

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