Amendment in regulation 2, substitution of regulation 4 and omission of regulations 5 and 6 of the Company Law Board Regulations, 1991 - GSR 593(E)

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<h1>Company Law Board amends 1991 Regulations: Redefines key terms, adjusts Chairman's authority, and omits regulations 5 and 6.</h1> The Company Law Board has amended the Company Law Board Regulations, 1991, under the powers granted by the Companies Act, 1956. The amendments include changes to definitions in Regulation 2, such as redefining 'Bench' and 'Member' and adding 'Vice-Chairman.' Regulation 4 is replaced to specify the Chairman's authority to assign matters to different Benches, including the Principal Bench in New Delhi. Additionally, regulations 5 and 6 have been omitted. These changes will take effect upon publication in the Official Gazette.

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