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of <h1>Central Government Can Appoint Officers to Impose Penalties Under Companies Act, 2013 via 2019 Amendment Rules.</h1> The Companies (Adjudication of Penalties) Amendment Rules, 2019, issued by the Ministry of Corporate Affairs, amend the 2014 rules under the Companies Act, 2013. The amendment allows the Central Government to appoint officers as adjudicating officers for imposing penalties. The process involves issuing a notice to the concerned party to show cause against the penalty within a specified period. Responses must be submitted electronically, and physical appearances may be required. The adjudicating officer considers various factors when determining penalties, which must be paid through the Ministry's portal and credited to the Consolidated Fund of India.
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