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of <h1>India Updates Company Rules: Rule 20 Amended, Amount Raised from Rs.1,000 to Rs.5,000 Under Section 642</h1> The Companies (Central Government's) General Rules and Forms (Amendment) Rules, 2002, issued by the Government of India, amends the Companies (Central Government's) General Rules and Forms, 1956. Effective from May 15, 2002, the amendment modifies Rule 20 by increasing the specified amount from Rs.1,000 to Rs.5,000. This change is enacted under the authority granted by Section 642 of the Companies Act, 1956. The amendment is part of a series of updates to the original rules, which have been periodically revised since their initial publication in 1956.
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