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June 2014

Delegation of powers u/s 458 of Companies Act 2013 to the Regional Directors

By Sejal Vasa Company Secretary
Reading Time 1 mins
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The Ministry of Corporate Affairs has vide notification dated 21st May 2014, delegated the powers and functions of the Central Govt to the Regional Directors at Mumbai, Kolkata, Chennai, Noida, Ahmedabad, Hyderabad and Shillong, for sections :

• Section 8(4)(i)(a) for alteration of Memorandum in case of conversion into another kind of Company

• Section 8(6) for revocation of license granted u/s. 8 in respect of companies with Charitable objects

• Section 13(4) and 13 (5) for shifting of registered office from one state to another

• Section 16 for rectification of name of company
• Section 87 for rectification in the register of charges • Section 111 (3) for circulation of members resolution
• Section 140 (1) for removal of auditor before the expiry of his 5 year term ;and
• Section 399 (1)(i) for inspection, production and evidence of documents filed with prospectus

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