Companies Act amendment revises compliance documentation and extends the provision to non-trading companies. Amendment to section 374 of the Companies Act, 2013 substitutes 'an affidavit, duly notarised' with 'a declaration, in such form as may be prescribed' in clause (c). It also inserts 'any non-trading company' after 'co-operative society, society', thereby altering the compliance document and extending the provision's coverage to non-trading companies.
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Companies Act amendment revises compliance documentation and extends the provision to non-trading companies.
Amendment to section 374 of the Companies Act, 2013 substitutes "an affidavit, duly notarised" with "a declaration, in such form as may be prescribed" in clause (c). It also inserts "any non-trading company" after "co-operative society, society", thereby altering the compliance document and extending the provision's coverage to non-trading companies.
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