The Ministry of Corporate Affairs (MCA) has issued Notification No. G.S.R. 403 on July 15, 2024, announcing the Companies (Management and Administration) Amendment Rules, 2024. These new rules, set to take effect from August 1, 2024, aim to streamline and enhance the management and administration practices within companies.
"In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Management and Administration) Rules, 2014, namely:-
1. Short title and commencement.– (1) These rules may be called the Companies (Management and Administration) Amendment Rules, 2024.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Companies (Management and Administration) Rules, 2014, in annexure, for form number MGT-6, the following form shall be substituted"
Complete Notification has been attached