Ministry of Corporate Affairs has amended “The Companies (Incorporation) Rules, 2014. This is second amendment in these rules. In this amendment a new proviso to Rule 12 has been inserted and new set of MOA of section 8 company has been notified. These amendments shall come into force form the date of their publication in official gazette.
The text of the amendment is as follow:
(a) In rule 12, the following proviso shall be inserted, namely:-
“Provided that in case pursuing of any of the objects of a company require registration or approval form sectroral regulator such as Reserve Bank of India, SEBI registration or approval, as the case may be, from such regulators shall be obtained by the company before perusing such objects and a declaration in this behalf shall be submitted at the stage of incorporation of the company.
(b) Rule 24 shall be omitted
(c) In the Annexure-
(i) for the existing form INC 13 and Form INC 16, the following Form INC -13 and INC-16 shall respectively be substituted.
You can download the text of said amendment form the following link: