New Amendments to Companies Regulations: Registrar Must Review e-Forms, Allow 30 Days for Corrections Before Invalid Status
The Central Government has amended the Companies Regulations, 1956, effective from February 15, 2009. The amendments require the Registrar to examine all applications, e-Forms, or documents submitted electronically on the Ministry of Corporate Affairs website. If any document is found defective or incomplete, the Registrar will notify the concerned party electronically or by post, allowing them up to thirty days to rectify the issues. Failure to comply may result in the document being labeled as 'invalid.' The Registrar must not keep any document pending for more than 120 days, except in cases requiring additional approvals.