Section 201 of Companies Act, 2013 – Forms of, and Procedure in Relation to, Certain Applications

Section 201 of the Companies Act, 2013 will be applicable from the 12th of September 2018. Section 201 of the Companies Act, 2013, is as amended by the Companies (Amendment) Act, 2017.

(1) Any application made to the Central Government under Section 196 of this Chapter must be made in the form prescribed in Form MR2.

2) (a) Before making an application to the Central Government under section 196 or any of the aforementioned sections, the company shall give its members a general notice describing the nature of the application proposed to be made.

(b) Such notification shall be published at least once in a newspaper circulating in the district in which the company’s registered office is located, and at least once in English in an English newspaper circulating in that district.

c) Copies of the notices, along with a certificate from the company attesting to their proper publication, must be attached to the application.

This section is to be read with Rule 7 of Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.