MINISTRY OF CORPORATE AFFAIRS

ORDER

New Delhi, the 2nd June, 2014

S.O. 1429(E).— In exercise of the powers conferred by sub-section (I) of Section 470 of the Companies Act,2013 (18 of 2013), the Central Government hereby makes the following Order, namely:-

1. (1) This Order may be called the Companies(Removal of Difficulties) Third Order, 2014.

(2) It shall come into force at once.

2. Jurisdiction, powers, authority and functions of Company Law Board.- Until the National Company Law Tribunal is constituted under section 408 of the Companies Act, 2013 (18 of 2013), the Board of Company Law Administration constituted in pursuance of sub-section(1) of Section 10E of the Companies Act, 1956 ( 1 of 1956)shall exercise the jurisdiction, powers, authority and functions under the first proviso to clause (41) of Section 2 of the Companies Act, 2013 (18 of 2013).

[F. No. 2/9/2014-CL-V]

AMARDEEP SINGH BHATIA, Jt.Secy.