Amendments in the Companies Act, 2013
1. Investor Education and Protection Fund Authority (Form of Annual Statement of Accounts) Amendment Rules, 2024
MCA vide notification dated October 03, 2024, has notified Investor Education and Protection Fund Authority (Form of Annual Statement of Accounts) Amendment Rules, 2024.
Pursuant to the said amendment rules, the Annual Statement of Accounts of the Investor Education and Protection Fund Authority shall be signed by the Chairman and the Chief Executive Officer instead of any one Member of the Authority.
The link for the aforesaid Notification is as follows:
https://www.mca.gov.in/bin/dms/getdocument?mds=H5yg0%252FiduJtZc%252Bh79PyXgg%253D%253D&type=open
2. Companies (Adjudication of Penalties) Second Amendment Rules, 2024
MCA vide notification dated October 09, 2024, has notified Companies (Adjudication of Penalties) Second Amendment Rules, 2024. With this amendment, a proviso has been inserted in sub-rule (1) of rule 3A of the Companies (Adjudication of Penalties) Rules, 2014.
The proviso clarifies that any proceedings that are pending before the Adjudicating Officer or Regional Director on the effective date of Rule 3A of Companies (Adjudication of Penalties) Rules, 2014 viz. September 16, 2024 shall continue in physical mode and the new proceedings on or after the said date, it shall take place in electronic mode only through the e-adjudication platform developed by the Central Government for this purpose.
The link for the aforesaid Notification is as follows:
https://www.mca.gov.in/bin/dms/getdocument?mds=KO%252B0RaVxZKLvrlI4cHQFFw%253D%253D&type=open