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of <h1>MCA Extends Director Qualification Timeline from Five to Seven Months in 2020 Amendment to Rule 6, Clause (a).</h1> The Ministry of Corporate Affairs issued a notification on April 29, 2020, amending the Companies (Appointment and Qualification of Directors) Rules, 2014. The amendment, known as the Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2020, modifies rule 6, sub-rule (1), clause (a), extending the timeframe from 'five months' to 'seven months.' This change comes into effect upon its publication in the Official Gazette. The amendment follows previous changes made to the principal rules, which were initially published in March 2014 and last amended in February 2020.
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