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Companies _amendment_ Act, 2000

Category : Centralrules

Companies Amendment Act 2000 Preamble An Act further to amend the Companies Act 1956 BE it enacted by Parliament in the Fifty first year of the Republic of India as follows 1 Short title and commencement 1 This Act may be called the Companies Amendment Act 2000 2 The provisions of this Act other than sections 7 and 80 shall come into force at once and sections 7 and 80 shall come into force on such date as the Central Government may by notification in the Official Gazette appoint 2 Amendment of section 2 In section 2 of the Companies Act 1956 1 of 1956 hereinafter referred to as the principal Act a clause 1 shall be re numbered as clause 1A thereof and before the clause as so re numbered the following clause shall be inserted namely 1 abridged prospectus means a memorandum containing such salient features of a prospectus as may be prescribed b clauses 3 and 4 shall be omitted c after clause 12 the following clauses s...


Companies _preservation And Disposal Of Records_ Rules, 1966

Category : Centralrules

Companies Preservation and Disposal of Records Rules 1966 1 Short title and commencement 1 These Rules may be called the Companies Preservation and Disposal of Records Rules 1966 2 They shall come into force on the 1st February 1966 2 Destruction of documents The documents specified in column 1 of the Schedule to these rules kept by a company under section 163 of the Companies Act 1956 may be destroyed after the expiration of the period indicated against them in column 2 of the said Schedule 3 Preservation of documents beyond the period prescribed Notwithstanding anything contained in these rules the Registrar of Companies may by order in writing direct any company to preserve any of the documents mentioned in column 1 of the said Schedule beyond the period specified for retention in the corresponding entry in column 2 thereof 4 Record of documents destroyed to be maintained A company shall maintain a register in the form set out in the Appendix a...


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