MCA Notifies Companies (Meetings of the Board and its Powers) Amendment Rules, 2025
The Ministry of Corporate Affairs (MCA) recently issued a notification (No. F.No. 1/32/2013-CL-V-Part) on November 3, 2025 regarding the amendment of the Companies Rules, 2014.
In powers given by sections 173, 177, 178 and 186 read with section 469 of the Companies Act, 2013 (18), the Central Government makes the following rules to amend the Companies (Meetings of Board and its Powers) Rules, 2014:
1. These rules will be known as the Companies (Meetings of the Board and its Powers) Amendment Rules, 2025.
2. In the Companies (Meetings of Board and its Powers) Rules, 2014 in rule 11, for sub-rule (2), the following sub-rule will be replaced:
(2) For the purposes of clause (a) of sub-section (11) of section 186 of the Act, the expression “business of financing industrial enterprises” will include-
(i) with regard to a Non-Banking Financial Company registered with the Reserve Bank of India, “business of giving any loan to a person or providing any guarantee or security for due repayment of any loan availed by any person in the ordinary course of its business”; and
(ii) with regard to a Finance Company registered with the International Financial Services Centres Authority, “activities as provided in sub-clause (a) or sub-clause (e) of clause (ii) of sub-regulation (1) of regulation 5 of the International Financial Services Centres Authority (Finance Company) Regulations, 2021 in the ordinary course of its business.”
Note: This notification will come into effect on the date of their publication in the Official Gazette.
For complete information refer to the official notification-
