Clarification on filing of e-form RD-1 -Conversion of public company into private company and change in a Financial Year
General Circular No. 03/2019
GOVERNMENT OF INDIA
MINISTRY OF CORPORATE AFFAIRS
5th Floor, ‘A’ Wing Shastri Bhawan,
Dr. R.P. Road, New Delhi
All Regional Directors,
All Registrars of Companies,
Subject: Clarification on filing of e-form RD-I-Conversion of public company into private company and change in a Financial Year-reg.
This Ministry vide notification no. G.S.R 1219(E) dated 18/12/18 has notified Companies (Incorporation Fourth Amendment) Rules, 2018, whereby applications u/s 2(41) (change in a financial year) and u/s 14 of the Companies Act, 2013 (conversion of public limited company into private company), along withe-form RD-1 shall be processed by Regional Directors.
2. Stakeholders have expressed certain difficulties in filing e-form RD-1 on account of aforesaid two purposes pending deployment of revised version of e-form RD-J. It is therefore clarified and Regional Directors are advised to process ‘e-form RD-1 for the above referred applications, if ‘others’ is selected on account of aforesaid two counts, till the revised form is deployed by this ministry.
3. Further, it is also clarified that such applications filed in e-form no.RD-1 should not be rejected merely on the ground that “others” is selected and “e-form is not available”, till the said form is deployed by this Ministry.
4. This issues with the approval of the competent authority.
Copy to: Guard file.
Company Law Circular No. 03/2019 PDF Format – Download Here