In exercise of the powers conferred by sub-Sec. (1) of Sec. 164, sub-Sec. (1) of Sec. 466, Sec. 367 and Sec. 374 read with sub-Sec.s (1) and (2) of Sec. 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Authorised to Register) Rules, 2014, namely:—

1. Short title and commencement.— (1) These rules may be called the Companies (Authorised to Register) Amendment Rules, 2023.

(2) They shall come into force with effect from 23^rd January 2023.

2. In the Companies (Authorised to Register) Rules, 2014,-

a. in sub-rule (2) of rule 3,-

1. in clause (a),-

  (i.) for sub-clause (iv), the following sub-clause shall be substituted, namely:-

“(iv) No Objection Certificate from secured creditor along-with charge holder, if applicable;”; (ii.) sub-clauses (v) and (vi) shall be omitted.

(2)  In clause (b),-

(i).  for sub-clause (v), the following sub-clause shall be substituted, namely:-

“(v) No Objection Certificate from secured creditor along -with charge holder, if applicable;”; (ii.) sub-clauses (vi) and (vii) shall be omitted.

(3)  In clause (c),-

(i).  for sub-clause (v), the following sub-clause shall be substituted, namely:-

“(v) No Objection Certificate from secured creditor along-with charge holder, if applicable;”;

(ii)   sub-clauses (vi), (vii) and (ix) shall be omitted.

(4)  In clause (d),-

(i).  for sub-clause (iv), the following sub-clause shall be substituted, namely:-

“(iv) No Objection Certificate from secured creditor along-with charge holder, if applicable;”; (ii.) sub-clauses (v), (vi) and (vii) shall be omitted.

3.  For Form No. URC-1, the following form shall be substituted, namely:-

► Effective Date : 23-01-23