Chairman's power to allocate matters to Principal or Regional Benches clarified; transfer and fee payment procedures updated.
The Chairman may designate specified company-law and MRTP Act matters to the Principal Bench and other matters to Regional Benches; the Principal Bench is headquartered in New Delhi but may sit elsewhere and the Chairman may transfer matters from Regional Benches to the Principal Bench on joint party request or for recorded reasons. Regional Bench jurisdictions are set out in Annexure-I and may sit outside their territories with party consent. Fees for petitions or applications must be paid by bank draft or banker's cheque in favour of the Pay and Accounts Officer, Ministry of Corporate Affairs, at the appropriate location. Annexure and form provisions are amended to substitute bench names and omit references to the Additional Principal Bench.

Net Owned Fund to Deposits ratio requirement restricts accepting or renewing deposits until prescribed compliance is achieved.
Amendment substitutes a Table prescribing achievement dates and conditional extensions for meeting the Net Owned Fund to Deposits ratio, ties each non compliance band to specific dates for attaining the prescribed ceiling, prohibits acceptance or renewal of deposits where such action would cause or perpetuate a breach, disallows further extension requests, and exposes continued violators to penal measures including de notification of defaulting nidhi companies.

Public Financial Institution designation under Companies Act adds Jammu and Kashmir Development Financial Corporation to specified institutions list.
The Central Government, exercising powers under section 4A(2) of the Companies Act, 1956, declares Jammu and Kashmir Development Financial Corporation Limited to be a Public Financial Institution by amending the principal Gazette notification to add the corporation as a new serial entry following serial number 51, thereby including it in the list of specified public financial institutions.

Mandatory membership in credit information companies extended to allow institutions time to choose among registered providers.
The Order, effective immediately, prescribes that any credit institution in existence on commencement of the Act shall become a member of at least one credit information company by 31st December, 2008, extending the original statutory time limit because no company had been granted registration to carry on the credit information business within the initial three month period, and thereby permitting institutions to exercise choice among duly registered companies.