New Rules for Company Name Removal: Indemnity Bond and Attachment Requirements Updated in Rule 4, Sub-rule (3), Clause (i.

The Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2020, were issued by the Ministry of Corporate Affairs, effective from their publication date. These amendments modify the 2016 rules, specifically rule 4, sub-rule (3), clause (i). For government companies or their subsidiaries, an indemnity bond in Form STK-3A must be provided by an authorized representative, not below the rank of Under Secretary. Additionally, Form STK-2 now requires attachments by an authorized representative in Form STK-3A. The new Form STK-3A outlines indemnity obligations for future claims after a company's name is struck off.

---

---

---