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The Companies (Management and Administration) Rules,2014

The Companies (Management and Administration) Rules,2014

Notification dated 23.09.2016

  • The Proviso to sub-rule (1) and (2) of Rule 3 states that in case of existing companies, registered under the Companies Act,1956, the particulars shall be transferred to the new register of members in Form No. MGT 1instead of the same particulars being compiled within 6 months from the date of commencement of the rules.
  • Every listed company shall file with the Registrar, a return in Form No. MGT 10 pertaining to the changes in the shareholding position of promoters and the top ten shareholders of the company, representing increase or decrease by 2% or more of the paid – up share capital of the company, within 15 days of such change.
  • Every listed company and every company other than a nidhi, enterprise or institutional investor having not less one thousand members shall provide to its members facility to exercise their right to vote on resolutions proposed to be considered at a general meeting by electronic means.

 

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