MCA Vide Notification No. S.O.__(E) on Wednesday, 12th September, 2018 has made following amendments to amend Schedule V of Companies Act, 2013.
- In PART l, under the title “APPOINTMENTS”,
- 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)
- para (d) shall be omitted.
- In PART II, under the heading “REMUNERATION”, in Section II and Section III various amendments have been made
- 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