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Appointment of official liquidator for liquidation of companies in States of Chhattisgarh, Uttaranchal and Jharkhand
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Official Liquidator appointments establish offices to administer company liquidations in newly formed states under Companies Act.
The Central Government, under the Companies Act, 1956, directs that offices at Indore, Allahabad and Patna be established and appoints Official Liquidators there to carry out the liquidation of companies in the States of Chhattisgarh, Uttaranchal and Jharkhand respectively, thereby providing territorial administrative centres for winding-up proceedings following state reorganisation.
Offices for registration of companies
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Offices for company registration established, assigning Registrars to serve new states for corporate registration under Companies Act.
The Central Government, under powers conferred by the Companies Act, establishes offices at Gwalior, Kanpur and Patna as points for registration of companies in Chhattisgarh, Uttaranchal and Jharkhand, and appoints the Registrars of Companies at those offices as the Registrars responsible for company registration in the respective States.
Appointment of sole selling agents in certain cases - Sole selling agents not to be appointed by any company for sale of Vanaspati in India for period of two years
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Prohibition on sole selling agents: appointment barred for Vanaspati sales in India to address supply-demand imbalance.
A notification under the Companies Act prohibits companies from appointing sole selling agents for the sale of Vanaspati in India, based on a finding that demand substantially exceeds production or supply and that exclusive agency services are unnecessary to create a market; the prohibition applies for a two-year period from the notification's publication.
Amendments in regulations 2, 4, 7, 34, Annexure I and Annexure II of the Company Law Board Regulations, 1991
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Additional Principal Bench introduced for Southern Region to hear specified company law matters with venue at Chennai and flexible sittings.
Amendments create an Additional Principal Bench for the Southern Region, empowering the Chairman to assign matters under sections 235 and 237 and Chapter VI of Part VI relating to the Southern Region to a Bench of not less than two Members; the Additional Principal Bench is located at Chennai but may sit elsewhere in the Southern Region, and regulatory provisions, Annexure I, and Annexure II forms are revised to include references to the Additional Principal Bench.
Substitution of certain words in clauses (a) and (b) of rule 1A of the Companies (Particulars of Employees) Rules, 1975
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Salary threshold amendment increases reporting thresholds for employee disclosure under rule 1A, affecting eligibility for particulars.
Amendment to rule 1A of the Companies (Particulars of Employees) Rules, 1975 substitutes higher monetary thresholds in clause (a) and clause (b), thereby raising the remuneration limits that determine which employees fall within the rule's disclosure obligations. The changes are effected by the Companies (Particulars of Employees) (Amendment) Rules, 2000 and take effect on publication in the Official Gazette under the statute's amendment power.
Substitution of Form 2B of Companies (Central Government’s) General Rules and Forms, 1956
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Nomination for shares and debentures ensures nominee rights on death and enables valid company discharge upon transfer.
The substituted Form 2B prescribes a standard Nomination Form for individual holders of shares, debentures or deposit receipts, requiring nominee name/address, date of birth for minors and guardian details, and signatures of holders and witnesses. Instructions limit nomination to natural persons holding on their own behalf, exclude non individuals and power of attorney holders, allow minor nominees with guardian details, permit non resident Indian nominees on a repatriable basis, state that nomination is rescinded on transfer or repayment/renewal, and confirm that transfer or repayment to a nominee is a valid discharge by the company; the form is to be filed in duplicate with the company/registrar/share transfer agents.
No sole selling agents for bulk drugs - Amendment in Notification No. GSR 364(E), dated 27-4-2000.
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Prohibition on sole selling agents amended: notification's reference year updated under Companies Act, affecting bulk drugs regulation.
The Central Government, invoking powers under the Companies Act, amends Notification GSR No. 364(E) dated 27-4-2000 (relating to prohibition of sole selling agents for bulk drugs) by substituting the figures "1987" with "1995", issued as Notification GSR 749(E) dated 25-9-2000.
Appointment of sole selling agents in certain cases - Specified category of goods for which sole selling agents shall not be appointed
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Restriction on appointment of sole selling agents for cement and paper prohibits such appointments temporarily.
The Government, invoking powers under the Companies Act, declares a temporary prohibition on appointment of sole selling agents for goods where demand substantially exceeds production and agent services are unnecessary; the ban applies to cement and paper for the period specified in the notification.
Amendments in GSR 94(E) dated 26 Feb. 1997
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Authorisation of SEBI officers empowered to enforce specified Companies Act offences following supersession of earlier notification.
Central Government, invoking the Companies Act delegation provision and superseding the earlier notification of 26 February 1997, authorises twelve named officers of the Securities and Exchange Board of India to exercise delegated powers for enforcement in respect of specified offences punishable under the Companies Act, thereby designating those officers for operational regulatory enforcement under the listed corporate offence provisions.
Clarifications regarding Company Law Settlement Scheme, 2000
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Company Law Settlement Scheme extension raises lump-sum charges and extends filing deadline to end of September.
The Company Law Settlement Scheme, 2000 is extended to 5:00 PM on 30th September, 2000 with a 10% increase in lump-sum compounding charges for filings after 31-8-2000; revised payment tiers apply by number of documents and by whether delay is under or over three years, while all other terms of the original Scheme remain unchanged.
Rules to amend the Companies (Central Government's) General Rules and Forms, 1956
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Companies rules amendment standardises fees for copies and computer-readable media, establishing a per-page charge under delegated authority.
Amendment modifies rule 21A by substituting sub clause (ii) of clause (8) to specify the fee for supply of copies of extracts of documents, including hard copies on computer readable media, establishing a uniform per page charge; the rules are made under clauses (a) and (b) of sub section (1) of section 642 of the Companies Act, 1956 and commence on the first day of August, 2000.
Transfer not to be registered except on production of instrument of transfer - Prescribed authorities for stamping or endorsing transfer deed
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Transfer registration requirement: designated Deputy Commissioner authorized for stamping or endorsing transfer deeds under Companies rules.
Amendment to a prior Government of India notification replaces the entry at serial number 27 to designate the official authorized to stamp or endorse instruments of transfer under sub rule (1) of rule 5A of the Companies (Central Government's) General Rules and Forms, 1956; the amendment takes effect on publication in the Official Gazette and limits its operation to substituting the specified serial entry.
Section 641(1) of the Companies Act, 1956 - Power to alter Schedules - Amendment in Schedule X to the Companies Act, 1956
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Fee calculation for increased share capital: difference between fees on increased and existing authorisation applies on filing.
Amendment to Schedule X paragraph 1.3 prescribes that for filing a notice of any increase in the nominal share capital the payable fee is the difference between the fee on the increased share capital and the fee on the existing authorised capital, both calculated at the rates prevailing on the date of filing; the amendment comes into force on publication in the Official Gazette.
Company Law Settlement Scheme, 2000
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Immunity from prosecution under the Company law settlement enables compounding of filing delays through declaration and payment.
A Scheme permits immunity from prosecution and compounding of filing delays under the Companies Act through a prescribed declaration and payment; a designated authority examines declarations and issues reasoned written orders granting immunity, the settlement fee is non refundable, withdrawal of appeals is required, specified exclusions apply, and the Registrar must notify the relevant adjudicatory body after an order is passed.
Substitution of Schedule X to Companies Act, 1956
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Company registration fees restructured under substituted Schedule X, introducing tiered capital-based charges and an overall cap.
Substitution of Schedule X prescribes a fee schedule distinguishing companies with share capital and companies without share capital. For share-capital companies a base registration fee is supplemented by tiered additional fees tied to successive bands of nominal capital and an overall cap on additional fees; filing a notice of capital increase requires payment equal to the difference between fees on the increased capital and fees previously paid. For non-share-capital companies registration fees are scaled by number of members with incremental charges beyond an initial threshold and a maximum aggregate fee; filing and recording fees and parity for existing companies are also specified.
Substitution of certain words in sub-rule (c) of rule 6, rule 20, clause (7) of rule 21A and sub-clause (i) of clause (8) of rule 21A of the Companies (Central Government’s) General Rules and Forms, 1956
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Increase in prescribed fees under companies rules adjusts specified monetary amounts and amends related fee and penalty provisions.
Amendment to the Companies (Central Government's) General Rules and Forms, 1956 substitutes revised monetary amounts in rule 6(c), rule 20, and clauses (7) and (8)(i) of rule 21A, thereby increasing the prescribed fees or penalties in those provisions; the change is made under clauses (a) and (b) of sub section (1) of section 642 of the Companies Act, 1956 and given a named commencement date.
Regarding sole selling agents
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Sole selling agents prohibition bars appointment for specified drug and formulation categories where demand exceeds supply.
The Central Government declares that sole selling agents shall not be appointed by any company for sale in India of every category of bulk drugs, drugs and formulations as defined in the Drugs (Prices Control) Order, 1987, on the ground that demand substantially exceeds production or supply and that such agents are unnecessary to create a market; exclusions apply to bona fide Ayurvedic (including Siddha), Unani and Homoeopathic preparations.
Amendments in GSR 737(E) dated 01 Sep. 1999
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Deposit limits for Nidhis adjusted; incremental acceptance allowed, branch expansion restricted and governance rotation clarified.
Amendments regulate Nidhis by permitting a limited annual incremental acceptance of deposits for larger Nidhis during a ten year transitional period, disallowing acceptance of deposits for periods under six months except specified savings accounts for loan servicing, and imposing branch limits with grandfathering and a ten year requirement to reduce branch numbers to prescribed maxima, together with adjusted director retirement sequencing to stagger vacancies across consecutive annual general meetings.
Section 205C(4) of the Companies Act, 1956 - Establishment of Investor Education and Protection Fund - Amendment in Notification No. SO 1087(E), dated 11-11-1999
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Investor Education and Protection Fund amendment designates a new Chairman for fund administration under Companies Act.
The Central Government amends the earlier notification under the Companies Act by substituting the entry at serial number 1 to designate Dr. P.L. Sanjeev Reddy as Secretary, Chairman in the Department of Company Affairs for administration of the Investor Education and Protection Fund.
Amendments in column 4 of Schedule to CLB (Fees on Applications and Petitions) Rules, 1991
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Company Law Board application fees increased under amendment, raising prescribed filing fees and revising Schedule entries.
Amendment revises prescribed filing fees in the Schedule to the Company Law Board (Fees on Applications and Petitions) Rules, 1991 by substituting new figures in column 4 for multiple schedule entries, specifying for each listed serial number the previous figure and the replacement figure, and bringing the Amendment Rules, 2000 into force on the appointed commencement date.

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