Over 10 years we help companies reach their financial and branding goals. Maxbizz is a values-driven consulting agency dedicated.




411 University St, Seattle



The Ministry of Home Affairs (MHA) has put in place a stricter framework and norms by directing mandatory security clearance for Individuals from countries sharing land borders with India to be appointed as directors on the board of Indian Companies.

The Ministry of Corporate Affairs (MCA) vide Gazette Id no. CG-DL-E-01062022-236214 & F.No.1/22/2013-CL-V dated 01st June, 2022 has issued “the Companies (Appointment and Qualification of Directors) Amendment Rules, 2022” further to amend the Companies (Appointment and Qualification of Directors) Rules, 2014.

It is applicable from the date of its publication in the Official Gazette i.e., 01st June,2022. Amendments have been made in relevant rules pertaining to appointment and qualification of directors under the Companies Act, 2013.

What has Changed?

The Rule 8 has been amended by inserting the proviso: “Provided further that in case the person seeking appointment is a national of a country which shares land border with India, necessary security clearance from the Ministry of Home Affairs, Government of India shall also be attached along with the consent.”

In Rule 10, the following proviso has been inserted: “Provided that no application number shall be generated in case of the person applying for Director Identification Number is a national of a country which shares land border with India, unless necessary security clearance from the Ministry of Home Affairs, Government of India has been attached along with application for Director Identification Number.”.

What’s the likely impact?

With effect from 01st June,2022, any citizen from the nations that share land border with India like China, Bangladesh, Pakistan, Bhutan, Nepal & Myanmar, must seek security clearance from the Ministry of Corporate Affairs, Government of India in case, if they are willing to get appointed on the Board of any Indian Company.

This is said to be one of the most foresightful initiative taken up by the Govt to curb the backdoor access by Chinese Companies or their Investors including subsidiaries in India, who were finding alternative ways to pass over the April 2020 restrictions on foreign investments from neighbouring countries.

 As a result of this amendment, from now onwards no application number can be generated in case of person applying for Director Identification Number (DIN) which shares land border with India, unless necessary security clearance from the Ministry of Home Affairs, Govt. of India has been attached along with DIN application. Furthermore, the necessary corresponding declaration checkbox has been inserted in Spice+ Part B form for Incorporation and Form DIR-3.

The Directors are now required to sign a declaration and verification as stated in the circulars issued by MCA for ensuring the effective compliances are done.

According to the various reports and data from the Ministry of Corporate Affairs, around 490 foreign nationals are registered as Active Directors in India in the month of February, 2022.

Disclaimer:  Every effort has been made to avoid errors or omissions in this material. In spite of this, errors may creep in. The content of this article is intended to provide a general guide to the subject matter. It is not intended to constitute, and should not be taken as, legal advice. The readers are advised to consult competent professionals in their own judgment before acting on the basis of any information provided hereby. We shall not have any obligations or liabilities towards any acts or omission of any reader(s) consequent to any information contained in this article.

Deepak Sharma
Proprietor at Sharma D & Co. Chartered Accountants

The Author can be reached via mail at connectcadeepaksharma@gmail.com.



Comments (218)

  1. Pxgnpw
    January 16, 2024

    order accutane 10mg generic accutane ca order isotretinoin 10mg online cheap

  2. Qdvteh
    January 28, 2024

    buy levothyroxine pill generic levoxyl buy levothyroxine pills for sale

  3. Wdemaz
    February 3, 2024

    accutane without prescription isotretinoin pill isotretinoin 40mg without prescription

  4. Lkgbim
    February 22, 2024

    orlistat 120mg cost brand orlistat buy diltiazem no prescription

  5. Kfeifh
    February 25, 2024

    buy crestor 20mg sale zetia oral zetia 10mg cheap

  6. Oqcebf
    February 29, 2024

    buy toradol without a prescription toradol uk order colcrys

  7. Fitspresso Reviews
    March 5, 2024

    obviously like your website but you need to test the spelling on quite a few of your posts Several of them are rife with spelling problems and I to find it very troublesome to inform the reality on the other hand Ill certainly come back again

  8. Vuzoyf
    March 16, 2024

    order metronidazole 400mg pill – order flagyl order azithromycin 250mg generic

  9. Jglgds
    March 21, 2024

    order metronidazole 400mg sale – clindamycin drug order azithromycin 500mg without prescription

  10. Kxuczu
    March 25, 2024

    glycomet 1000mg cheap – cipro 1000mg us buy lincomycin without a prescription

  11. Tuxfoa
    March 26, 2024

    zidovudine for sale online – avalide cost zyloprim cheap

  12. Nungpk
    March 31, 2024

    buy hydroxyzine 25mg online cheap – sarafem 20mg brand purchase endep without prescription

  13. Wvwwqt
    April 9, 2024

    purchase azithromycin online – flagyl 400mg ca buy ciprofloxacin 500 mg online

  14. Ktgwtv
    April 19, 2024

    purchase glucophage sale – pill acarbose precose 50mg without prescription

  15. Swauvz
    April 23, 2024

    buy nizoral paypal – mentax brand itraconazole tablet

  16. Goaazq
    April 26, 2024

    buy lanoxin 250mg without prescription – oral digoxin 250 mg buy furosemide online cheap diuretic

  17. Fgvhfs
    April 28, 2024

    purchase hydrochlorothiazide pills – norvasc online buy where to buy zebeta without a prescription

  18. geinoutime.com
    May 24, 2024

    “…” 홍지황제는 처음에는 화를 내다가 갑자기 질문에 압도당했다.

  19. geinoutime.com
    May 25, 2024

    그래서 그런 감동적인 장면은 좀처럼 보지 않는 편이 낫다.

  20. k8 カジノ
    June 1, 2024

    戦国BASARA 2

  21. Uktodj
    June 8, 2024

    cheap cotrimoxazole 960mg – tobrex sale order tobramycin 5mg generic

  22. 슬롯
    July 3, 2024

    슬롯 무료
    Hongzhi 황제와 Xu Jing은 서로를 바라보며 서로 마주 보았습니다.

  23. Coiprz
    July 6, 2024

    buy flexeril 15mg without prescription – primaquine brand vasotec online buy

  24. Ynormd
    July 7, 2024

    oral ondansetron – zofran price order ropinirole online cheap

  25. 슬롯
    July 8, 2024

    슬롯 게임
    Hongzhi 황제는 고개를 끄덕이고 Fang Jifan에게 의미심장 한 표정을지었습니다.

  26. Cxeaox
    July 16, 2024

    buy tenormin generic – sotalol cost carvedilol 25mg sale

Leave a comment

Your email address will not be published. Required fields are marked *