Companies Amendment Rules 2025 substitute Form CRL-1 for corporate layer restrictions under section 2(87)

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....The Ministry of Corporate Affairs issued notification G.S.R. 427(E) dated 27th June 2025, promulgating the Companies (Restriction on number of layers) Amendment Rules, 2025. These amendment rules, exercising powers under section 2(87) proviso and section 469(1)(2) of the Companies Act, 2013, modify the principal Companies (Restriction on number of layers) Rules, 2017. The amendment specifically substitutes Form CRL-1 in the Annexure of the 2017 rules with a new prescribed form. The amendment rules became effective from 14th July 2025, updating the regulatory framework governing corporate layer restrictions originally established through G.S.R. 1176(E) dated 20th September 2017.....