Companies (Incorporation) Second Amendment Rules, 2019 By CS Shubham Katyal


Shifting of Registered office W. E. F 06.03.2019

Rule 30(5) the word “with the widest circulation”, the words “with wide circulation” is substituted.

Revised Rule read as

The company shall, not more than thirty days before the date of filing the application in Form No. INC.23 -

(a) Advertise in Form No.INC.26 in the vernacular newspaper in the principal vernacular language in the district and in the English language in an English newspaper with the wide circulation in the State in which the registered office of the company is situated

______________________________________________________________________________

Old provision:

Rule 38(2) which was W. E. F 26.01.2018 companies incorporated with a nominal capital of less than or equal to 10 lakh Rs, fees of Spice form is Zero

Also, the Companies which do not have a share capital, the members shall not exceed 20 shall be allowed to incorporate a company with zero fees on spice

Amended provision:

As per notification 06.03.2019, W. E. F 18.03.2019

The limit is increased to 15 lakh.

“THERE IS NO CHANGE IN COMPANIES WHICH DO NOT HAVE SHARE CAPITAL.” 

Hence 26.01.2018 till 17.03.2019

Spice fees with - zero till 10 lakh nominal capital

W. E. F 18.03.2019

Spice fees with - zero till 15 lakh nominal capital

Click here to read the disclaimer


Write a Comment