The Ministry of Corporate Affairs (MCA) on January 23, 2023, published the Companies (Authorised to Register) Amendment Rules, 2023 to further amend the Companies (Authorised to Register) Rules, 2014
They shall come into force with effect from January 23, 2023.
The following has been amended namely: -
• In Rule 3 which states “incorporation of the company “in sub-rule (2)
1) In clause(a),
(i) for sub-clause (iv), the following sub-clause shall be substituted, namely: -
"(iv) No Objection Certificate from secured creditor along-with charge holder, if applicable;"
(ii) sub-clauses (v) and (vi) shall be omitted.
2) In clause(b),
(i) for sub-clause (v), the following sub-clause shall be substituted, namely: -
"(v) No Objection Certificate from secured creditor along -with charge holder, if applicable;"
(ii)sub-clauses (vi) and (vii) shall be omitted.
• Form No. URC-1 which states “Application by a company for registration under section 366” is substituted.
Disclaimer: refer to the document to view the amendments in detail