Posts

Showing posts with the label 2013 by Central Government to Regional Directors

Delegation of power under Section 208 of Companies Act, 2013 by Central Government to Regional Directors

Central government via notification dated 31 st December, 2015 has delegated to the Regional Directors at Mumbai, Kolkata, Chennai, Delhi, Ahmedabad, Hyderabad and Shillong, the power vested in it under section 208 of the Companies Act, 2013 for receiving the report from the Registrar (having jurisdiction over the place of registered office of the company concerned) or from the Inspector where such report recommends action for violation of offences under the Companies Act, 2013 for which imprisonment of less than two years is provided, (except for violation of offences under Chapter III, IV, section 127, 177 and 178 for which the report shall be received by the Central Government), subject to the conditions, namely:- On receipt of the report referred to in paragraph l, the Regional Director - (a)   shall examine the report and obtain legal advice, if required; (b) shall direct initiation of prosecution if he agrees with the recommendation of the Registrar or inspe...