Amendments in the Companies Act,2013

Amendments in the Companies Act, 2013 during the calendar year 2023

1.The Limited Liability Partnership (Second Amendment) Rules, 2023

On September 01, 2023, MCA vide Notification G.S. R (E) notified the Limited Liability Partnership (Second Amendment) Rules, 2023 (“the Amendment Rules”) amending the Limited Liability Partnership Rules, 2009 (“the Original Rules”). The amendment shall come into force on the date of publication in the Official Gazette.

Vide this amendment, the format of Form 3 (Information with regard to Limited Liability Partnership Agreement and changes if any, made therein) and Form 4 (Notice of appointment, cessation, change in name /address /designation of a designated partner or partner and consent to become a partner /designated partner) has been substituted.

The link for the aforesaid Notification is as below:

2. Extension for holding of AGM through VC or OAVM

On September 25, 2023, MCA vide Circular No. 09/2023 issued a clarification that companies are allowed to conduct their Annual General Meetings (AGM) which are due in the year 2023 or 2024 through Video Conferencing (“VC”) or Other Audio-Visual Means (“OAVM”) facilities, on or before September 30, 2024, as per the requirements laid in Circular No. 20/2020 dated May 05, 2020.

MCA has also clarified that such extension is only in holding the AGM through VC/ OAVM facilities and not to be construed as conferring any extensions of time for holding the AGM

The link of the aforesaid mentioned circular is as follows:

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