The Companies (Removal of names from the Register of Companies) Amendment Rules, 2020

Jun 30, 2020 | by Avantis RegTech Legal Research Team


Secretarial Compliance

The Ministry of Corporate Affairs on June 29, 2020 issues the Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2020 to further amend the Companies (Removal of names from the Register of Companies) Rules, 2016. 

The following are the amendments made in Companies (Removal of names from the Register of Companies) Rules, 2016:- 

 A new proviso has been inserted in Rule 4(3)(i) which provides for the application for removal of the company, stating that Form STK-3A shall be provided by a government company who paid up share capital is held by the government or a subsidiary of a government company not below the rank of Under Secretary or administrative.

 A new “Form No. STK – 3A Indemnity Bond” has been inserted.

[Notification No. G.S.R. 420(E)]


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