National Company Law Tribunal (Amendment) Rules, 2016

National-Company-Law-Tribunal-Amendment-Rules-2016

National Company Law Tribunal (Amendment) Rules, 2016


    (1) The Ministry of Corporate Affairs vide its notification no. S.O. 4090 (E) dated 19th December, 2016 has delegated the powers and functions to the Regional Directors at Mumbai, Kolkata, Chennai, New Delhi, Ahmedabad, Hyderabad and Shillong, under the following sections of the Companies Act, 2013 & vide this notification, it has superseded the earlier notifications dated 10th July, 2012, 21st May, 2014 & 22nd May, 2014 issued in this regard.
1
clause (i) of sub-section (4) of section 8 (for alteration of memorandum in case of conversion into another kind of company)
Power to give approval for altering the provisions of memorandum and articles of Company registered under Section 8 of the Companies Act, 2013
2
sub-section (6) of section 8
Power to revoke the license granted to a Company registered under Section 8 of the Companies Act, 2013
3
sub-sections (4) and (5) of section 13
Power to give approval for alteration of Memorandum for place of registered office from one state of another state
4
section 16
Power to Rectify the name of company
5
section 87
Power for Condonation of Delay of Creation, Modification and Satisfaction of Charge.
6
sub-section (3) of section 111
Power to give order, declares that the right conferred by this section is being abused to secure needless publicity for defamatory matter.
7
sub-section (1) of section 140
Power to removal of Auditor by Passing of Special Resolution
8
sub-section (5) of section 230
To receive the  notice of the meeting called by the tribunal for Compromise and Arrangement
9
sub-sections (2), (3), (4), (5) and (6) of section 233
Merger or amalgamation of certain companies
10
first and second proviso of sub-section (3) of section 272
Power to give sanction for Petition for winding up by the Registrar
11
sub-section (1) of section 348
Information as to pending liquidations
12
sections 361
Power to order for winding up of company by Summary procedure for liquidation
13
section 362
Power to make orders on the Sale of assets and recovery of debts due to company
14
section 364
Power to dismiss the Appeal made by Creditor or modify the decision of Official Liquidator
15
section 365
Power to Order of dissolution of company
16
clause (i) of the proviso to sub-section (1) of section 399
Power to give permission for inspection of documents with a prospectus.
17
section 442
Power to maintain Mediation and Conciliation Panel
The relevant notification is provided at MCA website at the link–


2. The Ministry of Corporate Affairs vide its notification dated 20th December, 2016 has notified National Company Law Tribunal (Amendment )Rules, 2016 to further amend the National Company Law Tribunal Rules, 2016These rules shall come in to force on the date of their publication in the Official Gazette. 

The amendment rules are provided at MCA website at the link–

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