{"id":33521,"date":"2016-01-22T15:34:34","date_gmt":"2016-01-22T10:04:34","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=33521"},"modified":"2016-01-22T18:52:23","modified_gmt":"2016-01-22T13:22:23","slug":"certain-provisions-of-companies-act-2013-came-into-force-on-january-13-2016","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2016\/01\/22\/certain-provisions-of-companies-act-2013-came-into-force-on-january-13-2016\/","title":{"rendered":"Section 125(5), (6) &#038; (7) Companies Act, 2013 come into force on January 13, 2016"},"content":{"rendered":"<p style=\"text-align: justify;\">Section 125 sub section (5), (6) (except with respect to the manner of administration of the Investor Education and Protection Fund) and sub section (7) of Companies Act, 2013 came into force on 13<sup>th<\/sup> January, 2016. The provisions are mentioned below:<\/p>\n<p style=\"text-align: justify;\">(5) The Central Government shall constitute, by notification, an authority for administration of the Investor Education and Protection Fund consisting of a chairperson and such other members, not exceeding seven and a chief executive officer, as the Central Government may appoint.<\/p>\n<p style=\"text-align: justify;\">(6) The manner of administration of the Investor Education and Protection Fund, appointment of chairperson, members and chief executive officer, holding of meetings of the authority shall be in accordance with such rules as may be prescribed.<\/p>\n<p style=\"text-align: justify;\">(7) The Central Government may provide to the authority such offices, officers, employees and other resources in accordance with such rules as may be prescribed.<\/p>\n<p style=\"text-align: right;\"><strong>-Ministry of Corporate Affairs<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Section 125 sub section (5), (6) (except with respect to the manner of administration of the Investor Education and Protection Fund) and <\/p>\n","protected":false},"author":3,"featured_media":7321,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1188,2],"tags":[],"class_list":["post-33521","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot_off_the_press","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Section 125(5), (6) &amp; (7) Companies Act, 2013 come into force on January 13, 2016 | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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relating to Investor Education and Protection Fund under Companies Act, 2013 to come into force from 7th September, 2016","author":"Sucheta","date":"September 6, 2016","format":false,"excerpt":"The Central Government in exercise of the powers conferred by sub-section (3) of section 1 of the Companies Act, 2013 \u00a0hereby appoints 7th September, 2016 as the date on which the provisions of section 124, sub-sections (1) to (4), (6) [with respect to the manner of administration of the Investor\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation 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Govt. notifies &#8212;  Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund)Second Amendment Rules, 2019","author":"Bhumika Indulia","date":"August 21, 2019","format":false,"excerpt":"G.S.R. 571(E).\u2014In exercise of the powers conferred under sub-sections (1), (2), (3), (4), (8), (9), (10) and (11) of Section 125 and sub-section (6) of Section 124 read with Section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules, further to amend\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=350%2C200&ssl=1 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