, Delegation of powers in case of alteration in memorandum of section 8 companies ~ CS GAURAV SHARMA

May 17, 2016

Delegation of powers in case of alteration in memorandum of section 8 companies


 
We invite your kind attention to the MCA notification no. S.O. 1353 (E) dated May 21, 2014 (copy enclosed) wherein the Central Government has delegated the powers and functions vested in Central Government, amongst others, under section 13 (2) to the Registrar of Companies. Section 13 deals with Alteration of Memorandum.
 
In this regard, ICSI has received a communication from the Ministry of Corporate Affairs that the professionals/ companies are filing RD-1 seeking approval to alter the Memorandum of Association.  As the power for approving change in Memorandum has been delegated to ROC, Members  are advised to file application for alteration of Memorandum of Association in correct form i.e. e-form GNL-1.



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