Notification G.S.R. 08(E) – Exemption to Specified IFSC Public company –under section 462 of the Companies Act, 2016

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Notification –Exemption to Specified IFSC Public company –under section 462 of the Companies Act, 2016

MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION

New Delhi, the 4th January, 2017

G.S.R. 08(E).—In exercise of the powers conferred by clauses (a) and (b) of sub-section (1) of Section 462 and in pursuance of sub-section (2) of the said section of the Companies Act, 2013 (18 of 2013), the Central Government, in the interest of public, hereby directs that certain provisions of the Companies Act, 2013 (18 of 2013), as specified in column (2) of the Table, shall not apply or shall apply with such exceptions, modifications and adaptations as specified in column (3) of the said Table, to an unlisted public company which is licensed to operate by the Reserve Bank of India or the Securities and Exchange Board of India or the Insurance Regulatory and Development Authority of India from the International Financial Services Centre located in an approved multi services Special Economic Zone set-up under the Special Economic Zones Act, 2005 (28 of 2005) read with the Special Economic Zones Rules, 2006 (herein after referred to as “Specified IFSC public company”), namely:—

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Notification

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