MCA has inserted the proviso in Rule 4(3)(i), that the application in Form STK-2 shall be accompanied by a duly notarised indemnity bond in Form STK-3A shall be given by an authorised representative, not below the rank of Under Secretary or its equivalent, in the administrative Ministry or Department of the Government of India or the State Government, as the case may be, on behalf of the Company, in case of a:
(a) Government Company in which the entire paid-up share capital is held by the Central Government, or by any State Government or Governments or by the Central Government and one or more State Governments; or
(b) Subsidiary of a Government Company, referred to in clause (a), in which the entire paid-up share capital is held by that Government Company.
Effective date: June 29, 2020
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