Amendment in Schedule I of Companies Act, 2013

The Ministry of Corporate Affairs (MCA) vide notification dated April 10, 2018 has amended Table F (related to Articles of Association of a Company Limited by Shares) and Table H (related to Articles of Association of a Company Limited by Guarantee and not having Share Capital) of Schedule I of Companies Act, 2013 which shall become effective once notified in official gazette.
Pursuant to the amendment, the provisions related to issuance of share certificates and applicability of common seal of the company has been substituted to bring uniformity with the provisions introduced by Companies (Amendment) Act, 2015 on May 29, 2015 and Companies (Share Capital and Debentures) Amendment Rules, 2018 on April 10, 2018.