SC: In Rape Cases, Testimony of Prosecutrix Alone may be Sufficient to Find Guilt  ||  SC: Sessions Court has Authority to Summon Additional Accused at Committal Stage  ||  SC Strikes Down Notification Exempting Projects Like Schools from Obtaining Environmental Clearence  ||  SC: FIR of Confessional Nature Made by an Accused is Inadmissible in Evidence  ||  SC: Alimony from First Marriage Irrelevant to Decide Alimony from Second Marriage  ||  CJI: No Designated Senior Advocate to Orally Mention Matters  ||  SC Seeks Response from ECI regarding Deletion of 65 Lakh Voters  ||  SC: IBC Moratorium doesn’t Prevent Voluntary Return of Property When Keeping it is Unviable  ||  SC: Can Infer Creation of Trust from Circumstances when No Formal Recognition Given to Society  ||  Delhi High Court Passes Summary Judgment in Favour of Tata Power in Trademark Infringement Suit    

Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2019- (Ministry of Corporate Affairs) (01 May 2019)

MANU/DCAF/0054/2019

Company

In exercise of the powers conferred by sub-sections (1), (2), (3), (4), (8), (9), (10) and (11) of section 125 and sub-section (6) of section 124, read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules, further to amend the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, namely:-

1. (1) These rules may be called the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2019.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (hereinafter referred to as the said rules), in rule 2, in sub-rule(1), in clause (d), for the words, brackets, letter and figures "and 'subsidiary bank' as defined in clause (k) of section 2 of State Bank of India (Subsidiary Bank) Act, 1959 (38 of 1959)", the words, figures, brackets and letter ", State Bank of India constituted under section 3 of the State Bank of India Act, 1955 (23 of 1955), ' subsidiary bank' as defined in clause (k) of section 2 of the State Bank of India (Subsidiary Bank) Act, 1959 (38 of 1959) and includes any other entity which is required to transfer any fund to Investor Education and Protection Fund in accordance with any Act or statute governing it" shall be substituted.

3. In the said rules, in rule 3, in sub-rule (2) in clause (g), after the words, figures, letter and brackets "section 10B of the Banking Companies (Acquisition and Transfer of Undertaking) Act, 1980", the words, figures, letter, and brackets ", sub-section (3) of section 38A of the State Bank of India Act, 1955" shall be inserted.

Tags : RULES   AMENDMENT   INVESTOR EDUCATION  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved