THE GAZETTE OF INDIA .EXTRAORDINARY

fPARTlI—Sax 3(01

MINISTRY OF FINANCE AND COMPANY AFFAIRS

(Department of Company Affairs)

NOTIFICATION

New Delhi, the 30th September, 2002

G.S.R. 6T0(E).—In exercise of the powers conferred by Sub-section (1) of Section 641 of the Companies Act,

1956 (I of 1956), the Central Government hereby makes the following farther amendments in Schedule XIII to the said Act,

namely:—

1. In the said schedule, in Part I, in clause (e)—

(i) for the word "Explanation.—" shall b$ re-numbered as "Explanation I.—";

(ii) after the Explanation so re-numbered, the following Explanation shall be inserted, namely:—

"Explanation II: This condition shall not apply to the companies in Special Economic Zones as notified by Department of*

Commerce from time to time:

Provided that a person, being a non-resident in India shall enter India only after obtaining a proper Employment Visa from

the concerned Indian mission abroad. For this purpose, such person shall be required to furnish, along with the visa

application form, profile of the company, the principal employer and terms and conditions of such person's appointment."

2. It shall come into force on the date of its publication in the Official Gazette.

[F.NO.5/25/2002-CLV]

RAJIV MEHRISHI, Jt. Secy.

Note: The principal Schedule was inserted by the Companies (Amendment) Act, 1988 vide G.S.R. No. 559(E) dated

10-6-1988 and subsequently amended vide—

(ii)

(iii)

(iv)

(v)

(vi)

(vii)

G.S.R. 784(E) dated 13-7-1988

G.S.R. 723(E) dated 18-9-1990

G.S.R. 510(E) dated 14-7-1993

G.S.R. 48(E) dated 1-2-1994

G.S.R. 418(E) dated 12-9-1996

G.S.R. 215(E) dated 2-3-2000

G.S.R. 36(E) dated 16-1-2002

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