Alteration of depreciation schedule: government revises depreciation rates for aeroplanes and removes a specified schedule item.
Central Government, exercising the power to alter schedules under the Companies Act, substitutes the Schedule XIV entry for sub-item B.1 to prescribe new Written Down Value and Straight Line depreciation rates for aeroplanes, aero engines, simulators, visual systems and quick engine change equipment across shift categories, and omits sub-item C.1 from the Schedule, thereby modifying the Schedule XIV depreciation treatment for those asset classes.

Amendment to employee particulars thresholds increases reporting limits and revises monetary criteria, effective on Gazette publication.
Amendment increases monetary thresholds in rule 1A of the Companies (Particulars of Employees) Rules by substituting higher amounts in clauses (a) and (b). The Central Government issues the Companies (Particulars of Employees) (Amendment) Rules, 1994 under powers granted by sub section (2A) of section 217 read with clause (a) of sub section (1) of section 642 of the Companies Act, 1956, and the rules come into force on publication in the Official Gazette.

Rule amendment increases prescribed filing fee under rule 4A, raising the statutory charge and taking effect November 1994.
Central Government amends the Companies (Central Government's) General Rules and Forms, 1956 by substituting the monetary figure in sub rule (1) of rule 4A, thereby changing the prescribed fee/figure used for the rule's application; the Third Amendment Rules, 1994 provide that the substitution takes effect from 1 November 1994.

Delegation of regulatory powers to SEBI expands its authority to exercise specified stock exchange supervisory functions and investor protection duties.
The Central Government, under section 29A of the Securities Contracts (Regulation) Act, 1956, delegates concurrently to SEBI the authority to exercise powers under section 3; section 4(1)-(4); section 5; section 7A(2); section 13; section 18(2); section 22; and section 28(2) of the Act, enabling SEBI to undertake recognition, deregistration, rule making on voting rights, area notifications, spot delivery regulation, hearing listing appeals, and notifications excluding classes of contracts.

Rounding of dividend and interest to nearest rupee allowed; fractional paise to be rounded up or ignored accordingly.
Rule 23 authorises rounding of amounts payable as dividend to shareholders and interest to debenture-holders under the Companies Act, 1956 to the nearest rupee: fractional paise of fifty paise or more shall be increased to one rupee, and fractional paise less than fifty paise shall be ignored.

Share certificate paper-size requirement removed; Rule 8 amended to omit the specified printing-size, effective on Gazette publication.
The Companies (Issue of Share Certificates) Amendment Rules, 1994 amend rule 8 of the Companies (Issue of Share Certificates) Rules, 1960 by omitting the words and figures that specified the paper size on which a share certificate shall be printed; the amendment is made under the enabling provision of clause (b) of sub-section (1) of section 642 of the Companies Act and is effective on Gazette publication.

Schedule VI exemption: heavy water produced by National Fertilisers Ltd excluded from specified Schedule VI requirements by notification.
The Central Government, invoking clause (a) of sub section (1) of section 620 of the Companies Act, 1956, directs that item (a) of sub paragraph (i) and sub paragraph (ii) of paragraph 3 of Part II of Schedule VI shall not apply to National Fertilisers Ltd., New Delhi in respect of heavy water produced by it; the notification was laid in draft before both Houses of Parliament under sub section (2) of section 620.

Bench allocation rules empower the Chairman to require multi-member hearings and transfer cases to the Principal Bench.
Amendments redefine Bench, Member and add Vice-Chairman; substitute Regulation 4 to empower the Chairman to designate certain company law and monopolies-related matters for hearing by a multi-member Principal Bench located at New Delhi (which may sit elsewhere), permit single-member benches to deal with other matters including interlocutory directions, and authorize the Chairman to transfer matters from Regional Benches to the Principal Bench for reasons recorded in writing; Regulations 5 and 6 are omitted.

Exemption from books of account requirement: accrued interest on loans may be omitted from books if disclosed in annual accounts.
The Central Government directs that clause (b) of sub section (3) of section 209 shall not apply to Rural Electrification Corporation Ltd. insofar as it relates to income from interest on loans and advances; provided that any accrued interest income not accounted for in the books is disclosed by way of a note in the annual accounts.

Advisory Committee under section 410 constituted; specified members appointed for a two-year term effective from publication.
Constitution of an Advisory Committee under section 410 of the Companies Act, 1956 is effected by Central Government notification naming four members - Shri Bansi Dhar, Shri N.J.N. Vazifdar, Dr. E.V. Mani and Shri S.C. Vasudeva - and fixing their term of office at two years from the date of publication of the notification.

Power to punish for contempt: formal notification designates a law officer to exercise contempt authority under the MRTP framework.
The Central Government, invoking clause (b) of section 13B of the Monopolies and Restrictive Trade Practices Act, 1969, has notified the First Additional Solicitor General of India to perform the functions specified in that clause, thereby designating the law officer empowered to deal with contempt matters under the Act.

Nidhi declaration: Subam Benefit Fund Limited designated as Nidhi, exempting specified Companies Act provisions under central notification.
Central Government, exercising powers under section 620A, declares Subam Benefit Fund Limited, Tamil Nadu, to be a Nidhi and directs that specified provisions of the Companies Act shall not apply or shall apply with the exceptions, modifications and adaptations set out in the corresponding entries of the annexed Schedule to the earlier Government notification; the notification amends that Schedule by adding an entry identifying Subam Benefit Fund Limited.

Endorsement of share transfer forms: designation of a prescribed authority under the Companies Act to perform endorsements.
The Central Government, exercising powers under clause (a) of sub section (1A) of section 108 of the Companies Act, 1956 and the Companies (Central Government's) General Rules and Forms, 1956, appoints the Official Liquidator, High Court, Indore, as the prescribed authority to endorse forms of transfer of shares for the purposes of that statutory provision.