Dated: 29th June 2020

G.S.R (E).- In exercise of the powers conferred by sub-sections (I), (2) and Sub-section (4) of section 248 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016, namely:-

1.   These rules may be called the Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2020 shall come into force with effect from their publication in the Official Gazette

2.      In the Companies (Removal of Names of Companies from the Register of Companies)Rules, 2016 (hereafter referred to as the said rules) in rule 4, in sub-rule (3), in clause (i), the following proviso shall be inserted, namely:-

“Provided that in case of a –

(a) Government company in which the entire paid up share capital is held by the Central Government, or by any State Government or Governments or by the Central Government and one or more State Governments; or

(b) subsidiary of a Government company, referred to in clause (a), in which the entire paid up share capital is held by that Government company, a duly notarised indemnity bond in Form STK-3A shall be given by an authorized representative, not below the rank of Under Secretary or its equivalent, in the administrative Ministry or Department of the Government of India or the State Government, as the case may be, on behalf of the company;”.

3.    In the said rules, in Form STK 2, in the list of attachments, in serial number 4, at the end, the words “or by an authorised representative of administrative Ministry /Department in Form No. STK – 3A” shall be inserted.

4.      In the said rules, after Form STK-3, the Form shall be inserted,

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