Pre-certification requirement for corporate e-forms requires professional certification and mandates a centralized electronic registry.
A new sub-rule mandates pre-certification of specified e-forms filed by companies (excluding one person companies and small companies) by a Chartered Accountant, Company Secretary or Cost Accountant in whole-time practice, with particular forms requiring certification by auditors, company secretaries or chartered accountants as specified; E-form DIR-3 requires attestation of photograph, identity and residence by such professionals. The Central Government shall establish and maintain a secure centralized electronic registry for filing and electronic storage of applications, financial statements, prospectuses, returns, registers, memoranda, articles, particulars of charges and other documents under the Act.

Appointment to Competition Commission: Member named for a fixed statutory term subject to age limit and further orders.
Appointment under the Competition Act designates Shri Augustine Peter as a Member of the Competition Commission of India, effective from assumption of charge for a fixed statutory term of five years, subject to an upper age ceiling and earlier termination by further governmental order.

Appointment of Member: Sudhir Mital joins Competition Commission for a fixed term subject to age and government orders.
The Central Government appoints Shri Sudhir Mital as Member of the Competition Commission of India from the date of assumption of charge for a term of five years, subject to an upper age limit of sixty-five years and until further orders, under powers conferred by the Competition Act, as notified by the Ministry of Corporate Affairs.

Prospectus disclosure obligations require full issue, promoter and financial disclosures and strict refund and allotment procedures.
The rules mandate extensive prospectus disclosures including identities of issue participants, issue timetable, declarations on allotment/refunds and segregation of issue funds; full capital structure presentation and tabular history of past allotments; directors' and promoters' interests and sources of promoter contribution; objects, funding plan and project schedule; statutory, litigation and auditor qualifications disclosures; required auditors' and valuation reports for acquisitions; fact sheet summary; refund and allotment filing procedures (Form PAS 3); dematerialisation of promoter convertible holdings; shelf prospectus and private placement conditions with prescribed forms and limits.

Useful life limits for assets require disclosure when varied and prescribe a toll road amortisation method.
Amendment to Schedule II limits asset useful life to the lives specified in Part 'C' and residual value to no more than five percent of original cost, requiring disclosure where companies use different estimates. Intangible assets generally follow applicable accounting standards, but toll road concession intangibles may be amortised by allocating cost over projected concession revenues using the formula: Amortisation Amount = Cost x (Actual Revenue for the Year / Projected Revenue over Concession), with annual review and adjustment of projections so cost is fully amortised over the concession. Part 'C' also prescribes 25 years for continuous process plants where no special rate applies.

Companies must follow deposit limits, mandatory insurance or security, trustee oversight and detailed public disclosures.
The Companies (Acceptance of Deposits) Rules, 2014 set exclusions and definitions of "deposit", establish eligibility and quantitative limits for public companies to accept deposits, require specified tenors and caps on interest/brokerage, mandate detailed disclosure and filing of circulars (Form DPT-1), compulsory deposit insurance and/or security by charge, appointment and duties of trustees and execution of a deposit trust deed (Form DPT-2), maintenance of liquid assets and deposit registers, audited annual filing in Form DPT-3, penal interest for overdue unpaid deposits and fines for rule contraventions.

Auditor appointment and rotation: prescribed procedures, eligibility limits and mandated fraud-reporting obligations to regulators.
The rules govern auditor selection and appointment processes, requiring audit committees or boards to evaluate qualifications, disciplinary history and suitability, recommend candidates and follow specified procedures for board disagreement, member ratification and auditor certification. They prescribe rotation and ineligibility conditions-including network restrictions and transitional calculations-procedures for removal and resignation using Form ADT-2 and ADT-3, auditor report additions on litigation and provisions, and a mandated reporting process to the Central Government for suspected frauds via Form ADT-4.

Board meetings by video conferencing: procedural safeguards, excluded matters, recordkeeping and director disclosure obligations enforced.
Prescribes procedures and safeguards for Board meetings by video conferencing or audio visual means, including identity verification, quorum and roll call, recording and minutes retention, notice and opt in mechanisms, exclusion of specified matters from remote consideration, and deeming the scheduled in India venue as the meeting place; mandates committees for specified companies, establishes a vigil mechanism with audit committee oversight, requires director disclosures and maintenance of prescribed MBP registers for loans, guarantees, investments and related party contracts, and imposes special resolution and disclosure requirements for sizeable inter company transactions and payments on loss of office.

Declaration of dividend out of reserves limited by prior dividend rates and reserve maintenance, with loss set-off requirement.
Declaration of dividend out of accumulated reserves is permitted when profits are inadequate, but is limited by a dividend rate cap based on recent dividend history and by a ceiling relative to paid-up share capital and free reserves in the latest audited financial statement. Withdrawn amounts must first be used to set off current-year losses before equity dividends, and reserves after withdrawal must not fall below a mandated buffer of paid-up share capital. Carried-over losses and unprovided depreciation must be set off against current profits before any dividend.

Companies Appointment and Qualification of Directors rules mandate women and independent directors, a databank for independents, and DIN procedures.
The Rules require specified companies to appoint at least one woman director and prescribed classes of public companies to have a minimum number of independent directors; mandate an authorised agency to create and maintain an online databank of prospective independent directors with detailed personal, professional and directorship information; and establish electronic procedures for allotment, change, surrender, deactivation and cancellation of Director Identification Numbers (DIN), together with prescribed forms, filing timelines, verification and Registrar notification obligations.

LLP to company registration requires URC 1/URC 2 filings, publication, creditor consents, auditor certified accounts and Registrar approval.
Conversion into a company under Part I of Chapter XXI applies Chapter II incorporation provisions mutatis mutandis and requires URC 1 filing with verified lists of members/partners and proposed directors, affidavits of non disqualification, the constituting instrument, consents from secured creditors and members, auditor certified recent accounts, publication of URC 2 inviting objections within twenty one days, consideration of objections by the Registrar within thirty days, and issuance of a certificate of incorporation in Form INC 11 if satisfied.

Corporate register maintenance and e voting protocols require strict updating, authentication, and secure electronic recordkeeping.
Prescribes procedures for maintaining, authenticating, preserving and inspecting statutory registers and returns under the Companies Act, 2013, including member, debenture and foreign registers; timings for entries after allotment or transfer; declarations and returns relating to beneficial ownership; electronic notice and e voting protocols with scrutinizer duties; minute taking and filing obligations using prescribed MGT forms; standards for electronic records security, backups and access; and penalties and fees for non compliance.

Definition of Director Identification Number clarifies identity rules and incorporates prior identifiers for corporate compliance.
These Rules define operative terms for the Companies Act, designating Director Identification Number (DIN) including prior DINs and DPIN, and specifying digital compliance mechanisms such as Digital Signature Certificate, electronic record, electronic registry, electronic mode (covering B2B/B2C, deposits, online services and data communications), Certifying Authority, e-Form, Registrar's Front Office and Pre-fill. They treat a holding company director or key managerial personnel and their relatives as related parties and list specific relatives for related-party and disqualification purposes.

Inspection and investigation rules require security deposits and permit appointment of specialised experts for SFIO functions.
Rules prescribe appointment of experts for SFIO functions and set terms of service for the Director, experts and staff, governed by deputation and recruitment rules and allowing contractual engagement. A security requirement for appointment of an inspector ties specified refundable deposits to prior-year turnover, and letters of request under section 217 must be transmitted as specified by the Ministry of Corporate Affairs.

Registration of charges: mandatory e filing in prescribed forms with specified timelines, fees and condonation procedure.
The rules require electronic filing of prescribed Forms (notably CHG 1 and CHG 9) for creation, modification and satisfaction of charges within thirty days; late filings within an extended period incur additional fees while filings beyond that period require Central Government condonation via Form CHG 8. Filings must include the instrument evidencing the charge, verified by specified officers; the Registrar issues conclusive certificates of registration or modification (Forms CHG 2/CHG 3), maintains the public register via the MCA portal, and entries must be mirrored in the company's internal register (Form CHG 7). Satisfaction and receiver appointments are notified through specified Forms with preservation, inspection and evidentiary rules.

Managerial remuneration disclosures require detailed Board report metrics and affirm adherence to company remuneration policy.
Rules require filing Form MR.1 for appointments of MD/WTD/Manager/CEO/Company Secretary/CFO within sixty days; Form MR.2 governs Central Government applications and approvals for appointments or excess remuneration with prescribed fees and timelines. Listed companies must disclose extensive remuneration metrics and comparisons in the Board's report and list senior employees meeting remuneration or shareholding thresholds. Conditions allow certain companies to pay beyond Schedule V limits subject to board, committee and shareholder approvals and no default certifications. Secretarial audit obligations (Form MR.3) and enumerated duties of the Company Secretary are specified.

Companies (Share Capital & Debentures) Rules, 2014 set conditions for differential shares, sweat equity, ESOPs, buy-backs and debentures.
The Companies (Share Capital and Debentures) Rules, 2014 prescribe procedural, disclosure and substantive conditions for issuance and management of share capital and debentures under the Companies Act, 2013. Key provisions regulate equity shares with differential rights (authorization, limits, eligibility, disclosures), physical share certificate issuance and replacement, issuance of sweat equity and employee stock options (approvals, valuation, limits, lock-in, disclosures), preferential issues (pricing and valuation), buy-backs (solvency declaration, offer mechanics, filings) and debentures (security creation, trustee duties, trust deed, Debenture Redemption Reserve and events of default), supported by prescribed registers and forms.

Companies (Accounts) Rules, 2014 mandate electronic record retention in India, specified disclosure forms, XBRL filing and internal auditors.
The Companies (Accounts) Rules, 2014 require electronic books of account to remain accessible in India, retained in original or accurately representative formats with branch information unaltered and backups stored on servers physically located in India; companies must annually disclose service provider details. They prescribe Forms AOC-1, AOC-2 and AOC-3 for subsidiary/related party disclosures and abridged statements, mandate filing of financial statements with the Registrar (Form AOC-4) including XBRL where notified, and require specified companies to appoint internal auditors with the Audit Committee or Board setting audit scope and methodology.

Declaration of Nidhi status: two companies added to the government's Nidhi schedule and ordered inserted.
Under section 620A of the Companies Act, 1956 the Central Government formally declares M/s Navanithi Benefit Fund Limited and M/s Tiruninravur Mutual Benefit Fund Limited to be Nidhis and directs their insertion as new entries (serial numbers 386 and 387) into Schedule I of the principal notification (G.S.R. 978 dated 28th May, 1963), thereby updating the consolidated schedule of declared Nidhis.

Dormant company status: application, eligibility conditions, annual return requirements, and process to revert to active status.
A company may apply in Form MSC-1 for dormant company status after a special resolution or three fourths shareholder consent, subject to eligibility conditions (no inspections, prosecutions, public deposits, outstanding loans without lender concurrence, statutory dues, workmen's dues or listed securities). The Registrar issues Form MSC-2 and maintains a public register. Dormant companies must maintain minimum directors, file an annual Form MSC-3 with audited financials, and may apply in Form MSC-4 for active status or be struck off after five years; Registrar may investigate and remove dormant status if functioning.