PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART II, SECTION 3, SUB-SECTION (i)

 

GOVERNMENT OF INDIA

COMPANY LAW BOARD

 

                                               New Delhi, the  5th September  2002

 

 

NOTIFICATION

 

          G.S.R. 619 (E)  - In exercise of the powers conferred by sub- sections (4B) and (6) of Section 10E of the Companies Act, 1956 (1 of 1956), the Company Law Board hereby makes the following regulations further to amend the Company Law Board Regulations, 1991 , namely:-

 

1.                 (1) These regulations may be called as the Company Law Board (Amendment ) Regulations, 2002.

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

 

2.                 In the Company Law Board Regulations, 1991, in Chapter II- GENERAL –

(a)  in regulation 4(1) – for the words “not less than two members including the Chairman or Vice-Chairman” the words “one or more members” shall be substituted.

 

(b)   in regulation 4(IA) for the words “not less than two                                Members”  the words “one or more members” shall                              be   substituted.

 

 (c)    in  regulation 4(3) –for the words “not less than two     members”  the words “one or more members” shall be substituted .

F.No. 10/36/2001-CLB

By order of the Company Law Board

 

 

                                                  ( E. Selvaraj )

                                                  Secretary, CLB

 

Foot Note:-  Principal Regulation was amended vide G.S.R. No. 29(E)              dated 31.05.1991 and subsequently amended by:-

 

(1)   G.S.R. No. 492(E) dated 14.5.1992

(2)   G.S.R No. 593(E) dated 25.7.1994

(3)   G.S.R. No. 394 (E) dated 2.5.1995

(4)   G.S.R. No.433(E) dated 1.8.1997

(5)   G.S.R. No. 917 (E) dated 14.12.2000

(6)   G.S.R. No. 437 (E) dated 15.6.2001

(7)     G.S.R. No. 929 (E) dated 31.12.2001.