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ARTICLE · 11 APRIL 2018

Draft Company Amendment Rules For Conversion Into Companies

S.S. Rana & Co.
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The MCA has invited suggestions and comments to the said draft rules vide notice dated March 20, 2018.

IndiaCorporate/Commercial Law
S.S. Rana & Co. Advocates
S.S. Rana & Co. Advocates
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The Companies Act, 2013 (hereinafter referred to as "Companies Act") aims towards effective governing and managing of the affairs of the companies established in India. The Ministry of Corporate Affairs (hereinafter referred to as "MCA") facilitates the enforcement the said Companies Act by incorporation of the Companies Rules.

The MCA issued draft Companies (Authorized to Register) Second Amendment Rules, 2018 (hereinafter referred to as "draft rules"). The said draft rules discuss about the requirements which requisite to accompany the application for conversion of entities such as limited liability partnerships, societies or trusts to a company in furtherance to the provisions for incorporation of a company according to Section 366 of the Companies Act. Under the said draft rules, following details are obligated for submission for the aforesaid purpose in addition to the application:

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