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Companies (Incorporation) fourth Amendment Rules 2016 to prescribe (i) Simplified Proforma for Incorporating Company Electronically (SPICE) and (ii) Conversion of a company limited by guarantee into a company limited by shares

Companies Law - F. No. 1/13/2013 CL-V - Dated:- 1-10-2016 - Government of India MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, 1st October, 2016 G.S.R. 936 (E) - In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Incorporation) Rules, 2014, namely: - 1. (1) These rules may be called the Companies (Incorporation) fourth Amendment Rules .....

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h the Registrar in Form No.INC-27 with fee together with the printed copy of altered articles within fifteen days from the date of receipt of the order from the Tribunal". 3. In the principal rules, after rule 37, the following rule shall be inserted, with effect from 2nd October 2016, namely :- "38. Simplified Proforma for Incorporating Company Electronically (SPICE) (1) The simplified integrated process for incorporation of a company in Form No. INC-32 alongwith e-Memorandum of Assoc .....

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ith effect from 1st November, 2016, namely:- 39. Conversion of a company limited by guarantee into a company limited by shares (1) A company other than a company registered under section 25 of the Companies Act, 1956 or section 8 of the Companies Act, 2013 may convert itself into a company limited by shares. (1) The company seeking conversion shall have a share capital equivalent to the guarantee amount. (2) A special resolution is passed by its members authorising such a conversion omitting the .....

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