Exemptions to Private Companies under section 462 of CA 2013

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Exemptions to Private Companies under section 462 of CA 2013. Hi Friends MCA Issued New Circular for Exemptions to Private Companies under section 462 of CA 2013 Read Complete News From Below.

Exemptions to Private Companies under section 462 of CA 2013

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) of said section of the Companies Act, 2013 (18 of 2013), the Central Government, in the interest of public, hereby directs that certain provisions of the Companies Act, 2013, as specified in column (2) of the Table, shall not apply or shall apply with such exceptions, modifications and adaptations, as specified in column (3) of the said Table, to a private company, namely:-

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2. The private modifications and Table, shall ensure companies, while complying with such exceptions, adaptations, as specified in column (3) of the aforesaid that the interests of their shareholders are Protected.

3. A copy of this notification has been laid in draft before both Houses of Parliament as required by sub-section (2) of section 462 of the Companies Act, 2013.

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