Insertion of clause (4) in rule 5C of the Companies (Central Government’s) General Rules and Forms, 1956 - GSR 479(E), - Companies Law

Published in the Gazette of India, EXTRAORDINARY, PART II- Section 3, Sub-section (ii), on 12.06.2003 MINISTRY OF FINANCE NOTIFICATION (Department of Company Affairs) New Delhi, the 12th June, 2003 Subject:- Insertion of clause (4) in rule 5C of the Companies (Central Government s) General Rules and Forms, 1956 GSR 479(E), In exercise of the powers conferred by sub-section (1) of section 642 of the Companies Act, 1956 (1 of 1956) read with proviso to clause (d) of sub-section (1) of section 77A of that Act, the Central Government hereby makes the following rules further to amend the Companies (Central Government s) General Rules and Forms, 1956, namely : 1. (1) These rules may be called the Companies (Central Government s) General Rules and Forms (Second Amendment) Rules, 2003. (2) They shall come into force on the date of publication of this notification. 2. (1) In Companies (Central Government s) General Rules and Forms, 1956, in the existing rule 5C, the following new clause (4) shall be inserted after the existing clause (3), namely : (4) The debt equity ratio for listed Housing Finance Companies for the purposes of clause (d) of sub-section (2) of section 77A shall be such as may be specified by the National Housing Bank being the regulator, in consultation with the Central Government. RAJIV MEHRISHI, Jt. Secy.