Delegation of powers to RDs u/s 94(5) read with section 458 of CA, 2013

The ministry of corporate affairs has issued a notification dated 31st March, 2014 in exercise of the powers conferred by section 458 of the Companies Act, 2013 (18 of 2013), the Central Government hereby delegates to the Regional Directors at Mumbai, Kolkata’ chennai’ Noida’ Ahmedabad’ Hyderabad and Shillong, the powers and tunctions vested in it under sub-section (5) of section 94 of the Companies Act,2O13, subject to the condition that the Central Government may revoke such delegatlon of powers or may itself exercise the powers under the said sub-section, if in its opinaon sucn a course of action is necessary in the public interest’

2. This notlflcation shall come into force with effect from the date of its publication in the official Gazette’

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eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

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