Companies authorised to register rules now require NOC from secured creditors and substitute Form URC-1 for applications. The Companies (Authorised to Register) Rules, 2014 are amended to require a No Objection Certificate from secured creditors together with the charge holder where applicable, to omit several prior sub clauses across rule 3(2) clauses (a)-(d), and to substitute Form No. URC 1 with a revised eForm prescribing mandatory fields, attachments (including constituting instruments, registration certificates, advertisements, resolutions, accounts, tax returns and creditor NOC), and certification by a practicing professional verifying compliance and records.
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Companies authorised to register rules now require NOC from secured creditors and substitute Form URC-1 for applications.
The Companies (Authorised to Register) Rules, 2014 are amended to require a No Objection Certificate from secured creditors together with the charge holder where applicable, to omit several prior sub clauses across rule 3(2) clauses (a)-(d), and to substitute Form No. URC 1 with a revised eForm prescribing mandatory fields, attachments (including constituting instruments, registration certificates, advertisements, resolutions, accounts, tax returns and creditor NOC), and certification by a practicing professional verifying compliance and records.
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