The Companies (Accounts) Fourth Amendment Rules, 2022

Aug 13, 2022 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Ministry of Corporate Affairs (MCA) on August 12, 2022, hereby makes the following rules further to amend the Companies (Accounts) Rules, 2014 to The Companies (Accounts) Fourth Amendment Rules, 2022.

The following amendment has been made-

In the Companies (Accounts) Rules, 2014, in rule 3, -

(i)In sub-rule (1), for the words “accessible in India”, the words “accessible in India, at all times,” shall be substituted. 

(ii)In sub-rule (5), in the proviso, for the words “periodic basis”, the words “daily basis” shall be substituted.

(iii)In sub-rule (6), after clause (d), the following clause shall be inserted, namely: - 

“(e) where the service provider is located outside India, the name and address of the person in control of the books of account and other books and papers in India.”.

They shall come into force on the date of their publication in the Official Gazette.

[Notification No. G.S.R. 624(E)]


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