{"id":2071,"date":"2016-01-29T18:51:38","date_gmt":"2016-01-29T13:21:38","guid":{"rendered":"http:\/\/carajput.com\/blog\/?p=2071"},"modified":"2021-08-14T15:26:17","modified_gmt":"2021-08-14T09:56:17","slug":"corporate-and-professional-update-january-282016","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/corporate-and-professional-update-january-282016\/","title":{"rendered":"CORPORATE AND PROFESSIONAL UPDATE JANUARY 28,2016"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_88 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6abfede0601f3\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6abfede0601f3\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-update-january-282016\/#CORPORATE_AND_PROFESSIONAL_UPDATE_JANUARY_282016\" >CORPORATE AND PROFESSIONAL UPDATE JANUARY 28,2016<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-update-january-282016\/#Where_the_name_proposed_is_%E2%80%94\" >Where the name proposed is \u2014<\/a><\/li><\/ul><\/nav><\/div>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"CORPORATE_AND_PROFESSIONAL_UPDATE_JANUARY_282016\"><\/span><span style=\"color: #000080;\"><strong>CORPORATE AND PROFESSIONAL UPDATE JANUARY 28,2016<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"text-align: justify;\"><span style=\"color: #000080;\"><strong><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2015\/11\/Untitled15A.png\" rel=\"attachment wp-att-1604\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1604\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2015\/11\/Untitled15A-300x166.png\" alt=\"Untitled15A\" width=\"884\" height=\"489\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2015\/11\/Untitled15A-300x166.png 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2015\/11\/Untitled15A.png 514w\" sizes=\"auto, (max-width: 884px) 100vw, 884px\" \/><\/a><\/strong><\/span><\/h3>\n<p style=\"text-align: justify;\"><strong><span style=\"color: #ff6600;\">Amendments made to the The Companies (Incorporation) Rules, 2014,\u00a0w.e.f. 26th January, 2016<\/span>\u00a0<span style=\"color: #ff6600;\">[Notification dated 22nd January, 2016].<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #0000ff;\"><strong>Highlights of these amendments, in brief, are :<\/strong><\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Where_the_name_proposed_is_%E2%80%94\"><\/span><span style=\"color: #00ccff;\"><strong>Where the name proposed is \u2014<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul style=\"text-align: justify;\">\n<li>Not in consonance with the principal objects of the company\u00a0<em>[(ii) of\u00a0clause\u00a0(b) of sub-rule (2) of Rule 8]<\/em><\/li>\n<li>Vague [e.g. ABC Limited] or an abbreviated name [e.g. BMCD Limited (Bharat Mahesh Chandan and David)]\u00a0<em>[(x) of\u00a0clause\u00a0(b) of sub-rule (2) of Rule 8]<\/em><\/li>\n<li>Likely to produce a misleading impression regarding the scope or scale of activities\u00a0<em>[(xvii) of\u00a0clause\u00a0(b) of sub-rule (2) of Rule 8]<\/em><\/li>\n<\/ul>\n<p style=\"text-align: justify;\">which, inter alia, were earlier considered undesirable,\u00a0omitted.<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #00ccff;\"><strong>Similarly, the requirement of \u2014<\/strong><\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li>Changing its name where any company changed its activities [to bring it in line with changed activities]<br \/>\n<em>[sub-rule (3) of Rule 8]<\/em><\/li>\n<li>\u2018No objection\u2019, where the key word used in the name proposed is of another person than that of the promoter etc., from that another person, or<\/li>\n<li>\u2018Proof of relation\u2019 where the name includes the name of a relative\u00a0<em>[sub-rule (4) of Rule 8]<\/em><\/li>\n<\/ul>\n<p style=\"text-align: justify;\">has been done away with.\u00a0 In other words, the above are now not relevant for approval etc. of a name.<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #00ccff;\"><strong>Regarding<\/strong>\u00a0<strong>submission of documents<\/strong>\u00a0\u2014<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li>one more opportunity to remove defects or deficiencies, as intimated by the Registrar.\u00a0 In other words, an applicant will now have, in all, three opportunities, in place of the hitherto before two opportunities.<br \/>\n<em>[clause (ba) to sub-rule (12) of Rule 36\u00a0inserted]<\/em><\/li>\n<\/ul>\n<p style=\"text-align: justify;\">The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances; Hope the information will assist you in your Professional\u00a0endeavors. For query or help, contact:\u00a0<a href=\"mailto:singh@carajput.com\">singh@carajput.com<\/a>\u00a0or call at 9555555480<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CORPORATE AND PROFESSIONAL UPDATE JANUARY 28,2016 Amendments made to the The Companies (Incorporation) Rules, 2014,\u00a0w.e.f. 26th January, 2016\u00a0[Notification dated 22nd January, 2016]. Highlights of these amendments, in brief, are : Where the name proposed is \u2014 Not in consonance with the principal objects of the company\u00a0[(ii) of\u00a0clause\u00a0(b) of sub-rule (2) of Rule 8] Vague [e.g. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,1],"tags":[4006,4005],"class_list":["post-2071","post","type-post","status-publish","format-standard","hentry","category-companies-act-roc","category-others","tag-defects-or-deficiencies","tag-principal-objects-of-the-company"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.2 - aioseo.com -->\n\t<meta name=\"description\" content=\"CORPORATE AND PROFESSIONAL UPDATE JANUARY 28,2016 Amendments made to the The Companies (Incorporation) Rules, 2014, w.e.f. 26th January, 2016 [Notification dated 22nd January, 2016]. 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