Rule commencement: Companies Management and Administration Rules 2014 commence, establishing consolidated governance rules and superseding prior company rules. The Central Government made the Companies (Management and Administration) Rules, 2014 under the specified sections and sub-sections of the Companies Act, 2013, listing the statutory bases for rulemaking. The notification declares these rules to supersede the Companies (Central Government's) General Rules and Forms, 1956 and other corresponding rules under the Act of 1956 in respect of the same matters, and states the rules' short title and that they shall come into force on the first day of April, 2014.
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Rule commencement: Companies Management and Administration Rules 2014 commence, establishing consolidated governance rules and superseding prior company rules.
The Central Government made the Companies (Management and Administration) Rules, 2014 under the specified sections and sub-sections of the Companies Act, 2013, listing the statutory bases for rulemaking. The notification declares these rules to supersede the Companies (Central Government's) General Rules and Forms, 1956 and other corresponding rules under the Act of 1956 in respect of the same matters, and states the rules' short title and that they shall come into force on the first day of April, 2014.
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