The Central Government further to amend the Companies (Incorporation) Rules, 2014 as on 22nd July, 2021
- These rules may be called the Companies (Incorporation) Fifth Amendment Rules, 2021.
- They shall come into force from the 1st September, 2021.
In this amendment Central Government has inserted following rules:
- Rule 33A- Allotment of a new name to the existing company under section 16(3) of the Act– If a company fails to change its name or new name, as the case may be, in accordance with the direction issued under sub-section (1) of section 16 of the Act within a period of three months (3 months) from the date of issue of such direction, the letters “ORDNC”,
- the serial number and the existing Corporate Identity Number (CIN) of the company shall become the new name of the company without any further act or deed by the company.
- the Registrar shall accordingly make entry of the new name in the register of companies and issue a fresh certificate of incorporation in Form No.INC- 11C.
- in case e-form INC-24 filed by the company is pending for disposal at the expiry of three months from the date of issue of direction by Regional Director, unless the said e-form is subsequently rejected. In that case above rule shall not apply
- A company whose name has been changed under sub-rule (1) shall at once make necessary compliance with the provisions of section 12 of the Act and the statement and the company shall be mentioned in brackets below the name of company
- no such statement mentioned in above point shall be required to be mentioned in case the company subsequently changes its name in accordance with the provisions of section 13 of the Act.
- A new Form No. INC-11C has been inserted.
Form No. INC- 11C
