The Companies (Incorporation) Amendment Rules, 2015

The Companies (Incorporation) Amendment Rules, 2015. Dear Friends MCA Notified New Companies Incorporation Rules 2015. Check Complete Details from Below .

The Companies (Incorporation) Amendment Rules, 2015

G.S.R…..-In exercise of the powers conferred by section 3, section 4, sub-sections (5) and (6) of section 5, section 6, sub-section (1) and (2) of section 7, sub-sections (1) and (2) of section 8, clauses (a) and (b) of sub-section (1) of section 11, sub sections (2), (3), (4) and (5) of section 12, sub-sections (3), (4) and the proviso to sub-section (5) of section 13, sub-section (2) of section 14, sub-section (1) of section 17, sub-sections (1) and (2) of section 20 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby  makes the following amendments to the Companies (Incorporation) Rules, 2014, namely: –

1.   (1) These rules may be called the Companies (Incorporation) Amendment  Rules, 2015.

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

2. In the Companies (Incorporation) Rules, 2014,-

(a) rule 5 shall be omitted;

(b) in rule 6, for sub-rule (11), for the words “having paid up share capital of fifty lakhs rupees or less or average annual turnover”, the words “having paid up share capital of fifty lakhs rupees or less and average annual  turnover” shall be substituted;

c) in rule 7, in sub-rule (1), for the words “having paid up share capital of fifty  lakhs rupees or less or average annual turnover”, during the relevant period is,  the words “having paid up share capital of fifty lakhs rupees or less and average  annual turnover during the relevant period” shall be substituted;

(d) after rule 7, the following rules shall be inserted, namely:-

 “7A. Penalty.- If a One Person Company or any officer of such company  contravenes any of the provisions of these rules, the One Person Company or  any officer of the such Company shall be punishable with fine which may extend  to five thousand rupees and with a further fine which may extend to five hundred  rupees for every day after the first offence during which such contravention  continues”;

(e) in rule 8, in sub-rule (2), in clause (b), in sub-clause (xi), in the proviso, after the words and figures “under section 248 of the Act”, the words, figures and brackets “or under section 560 of the Companies Act, 1956 (1 of 1956)” shall be inserted;

(f) in rule 16, in sub-rule (1), for clause (q), the following shall be substituted,  namely:-

 “(q) the promoter or first director shall self attest his signature and latest  photograph in Form No.INC.10”.

 (g) after rule 35, the following rules shall be inserted namely: –