Rescission of General Circular No.13 of 2007 dated 27-9-2007 passed under section 141 of the Companies Act, 1956

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....f Companies. Subjects:- Rescission of General Circular No.13 of 2007 dated 27-9-2007 passed under section 141 of the Companies Act, 1956 1. The Hon'ble Company Law Board vide order dated 3-8-2007 passed under section 141 of the Companies Act, 1956 had authorized the Central Government to accept documents relating to registration, modification and satisfaction of charges up to a period of 300 day....

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....follow : "(i) The Central Government had filed a petition CP 502/141/2007 under section 141 of the Companies Act, 1956 seeking for directions of this Board to permit Registrar of Companies to condone the delay beyond prescribed period of 60 days and 30 days from the date of registration/modification and satisfaction of charges respectively. On hearing this application, for reasons stated in the ....

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....g to e-filing through MCA 21, e-Governance project of the Ministry. Now the Central Government has undertaken a comprehensive review of the Companies Act which inter alia includes updation of Registration of Charges and therefore the ad hoc arrangement made through the Circular dated 27-9-2007 does not require to be continued further and as such the Central Government may be permitted to withdraw ....

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....id order dated 7-5-2008 of the Hon'ble Company Law Board shall take effect from 6-7-2008. (ii) The decisions taken by the Ministry vide General Circular No. 13 of 2007 dated 27-9-2007 which came into effect from 27-10-2007 will be in force up to midnight of 5-7-2008. (iii) The procedure for seeking condonation of delay in terms of section 141 of the Companies Act, 1956 as it stood prior to 27-....