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[Cos' Act] Exemptions To Section 8 Companies - Modification In The Earlier MCA Notification

MCA has notified certain amendments to the earlier notification on exemption to the Section companies under the Companies Act 2013. The contents of the said MCA notification vide G.S.R.. 584(E) dated 13th June, 2017 is as under:

In exercise of the powers conferred by clauses (a) and (b) of sub-section (1) of section 462 and in pursuance of sub-section (2) of section 462 read with section 8 of the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the said Act), the Central Government, in the interest of public, hereby amends the notification of the Government of India, in the Ministry of Corporate Affairs, vide number G.S.R. 466(E) dated the 5th June, 2015 published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i), dated the 5th June 2015 (hereinafter referred to as the principal notification), namely:-

2. In the principal notification, in the Table, for serial number 8 and the entries relating thereto, the following serial number and the entries relating thereto shall be substituted, namely:-

Exemptions to Section 8 Companies - MCA Notification

3. In the principal notification, in the Table, after serial No. 19, the following serial number and the entries relating thereto shall be inserted, namely:-
Exemptions to Section 8 Companies - MCA Notification

4. In the principal notification, after paragraph 2, the following paragraph shall be inserted, namely:-

“2A. The exceptions, modifications and adaptations provided in column (3) of the aforesaid Table shall be applicable to a company covered under section 8 of the said Act which has not committed a default in filing its financial statements under section 137 or annual return under section 92 of the said Act with the Registrar.”.




Note:-

1. A copy of this notification has been laid in draft before both Houses of Parliament as required by sub-section (2) of section 462 of the said Act.

2. The principal notification was published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (i) vide number G.S.R. 466(E) dated the 5th June, 2015.

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