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MCA Vide Notification No. S.O.__(E) dated 12.09.2018 has made various amendments in Schedule V of Companies Act, 2013.

MCA Vide Notification No. S.O.__(E) on Wednesday, 12th September, 2018 has made following  amendments to amend Schedule V of Companies Act, 2013.

  1. In PART l, under the title “APPOINTMENTS”,
  2. in para (a) after the item (xvi), the following items shall be inserted namely:-

“(xvii) the Insolvency and Bankruptcy Code, 2016 (31 of 2016)

(xviii) the Goods and Services Tax Act,2017 (12 of 2017)

(xix) the Fugitive Economic Offenders Act, 2018 (17 of2018)

  1. para (d) shall be omitted.
  2. In PART II, under the heading “REMUNERATION”, in Section II and Section III various amendments have been made
  3. In Part II, in section IV, in Explanation VI, the clause (A) shall be omitted.

The said Notification can be accessed through the following link:MCANotf._S.O.4822(E)_Dt.12.09.2018_Amendment to Schedule V

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