Monetary threshold increased in rule 4C, expanding applicability under Companies General Rules via government notification. The amendment to rule 4C of the Companies (Central Government's) General Rules and Forms, 1956 substitutes the words 'Ten crores' with 'Twenty-five crores', effected under clauses (a) and (b) of sub section (1) of section 642 of the Companies Act, 1956. Titled the Companies (Central Government's) General Rules and Forms (Third Amendment) Rules, 1999, the notification takes effect upon publication in the Official Gazette and directly alters the monetary threshold in rule 4C.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Monetary threshold increased in rule 4C, expanding applicability under Companies General Rules via government notification.
The amendment to rule 4C of the Companies (Central Government's) General Rules and Forms, 1956 substitutes the words "Ten crores" with "Twenty-five crores", effected under clauses (a) and (b) of sub section (1) of section 642 of the Companies Act, 1956. Titled the Companies (Central Government's) General Rules and Forms (Third Amendment) Rules, 1999, the notification takes effect upon publication in the Official Gazette and directly alters the monetary threshold in rule 4C.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
