Regulation 148 — Repeal and saving

(1) The following regulations shall, hereinafter called as repealed
regulations, stand repealed from the date of notification of these regulations:
(i) The Companies (Incorporation) Regulations, 2017;
53(ii) The Companies (General Provisions and Forms) Regulations, 2018;

53 Substituted vide S.R.O 459/2025 dated 26th March, 2025. The clause (ii) in sub-regulation (1) originally read as “The Companies
(General Provisions and Forms) Regulations, 2018 except Sr. Nos. 16, 19, 20, 22, 23, 46 to 50 of Regulation-4, Regulation-16A,
Regulations 19A (1) to 19A(4), 19A(6) & 19A(7). Moreover, Sr. No. 17 of Regulation-4 shall also be renumbered as Form-11A. ”

54(iii) The Companies (Registration Offices) Regulations, 2018 except Regulation - 13 of
Chapter III to the extent of section 426 of the Act;
(iv) The Associations with Charitable and Not for Profit Objects Regulations, 2018;
(v) The Intermediaries (Registration) Regulations, 2017;
(vi) The Group Companies Registration Regulations, 2008; and
(vii) The unlisted Companies (Buy-Back of shares) Regulations, 2023;
55(viii) The Foreign Companies Regulations, 2018;
Provided that repeal of the repealed regulations shall not—
(i) revive anything not in force at the time at which the repeal take effect; or
(ii) affect the previous operation of the repealed regulations or anything duly done or
suffered thereunder; or
(iii) affect any right, privilege, obligation or liability acquired, accrued or incurred under
or in respect of the said repealed regulations; or
(iv) affect any penalty imposed, forfeiture made or punishment incurred in respect of any
offence committed against or in violation of the repealed regulations; or
(v) affect any inspection, investigation, prosecution, legal proceeding or remedy in respect
of any obligation, liability, penalty, forfeiture or punishment as aforesaid, and any such
inspection, investigation, prosecution, legal proceedings or remedy may be made,
continued or enforced and any such penalty, forfeiture or punishment may be imposed,
as if these regulations has not been notified.
(2) Save as otherwise specifically provided, nothing in these regulations shall affect or
deemed to affect any action taken, application received, decision or orders issued, license issued
relaxation granted unless withdrawn, fee paid or accrued, resolution passed, direction given under the
repealed regulations shall, if in force at the effective date of these regulations and not inconsistent
with provision of these regulations, shall continue to be in force and have effect as if it were
respectively taken, made, directed, passed, given, executed or issued under these regulations.
(3) After the notification of these regulations the following expressions, -

54 Substituted clause (iii) in sub-regulation 1 vide S.R.O 459/2025 dated 26th March, 2025. The clause (iii) in sub-regulation (1)
originally read as “The Companies (Registration Offices) Regulations, 2018 except Regulation 8(c) of Chapter-II, Regulation-13 of
Chapter III to the extent of sections 106, 109, 426 and Chapter XII of the Act, Regulations 15(2) & 16 of chapter-IV and Annexures-
C, H, I & J;”
55 Added clause (viii) vide S.R.O 459/2025 vide March 26th March, 2025.

(i) “The Companies (Incorporation) Regulations, 2017”;
(ii) “The Associations with Charitable and Not fo r Profit Objects Regulations,
2018”;
(iii) “The Intermediaries (Registration) Regulations, 2017”;
(iv) “The Group Companies Registration Regulations, 2008”;56 […]
(v) “The unlisted Companies (Buy-Back of shares) Regulations, 2023”
(vi) 57The Companies (General Provisions and Forms) Regulations, 2018; and
(vii) The Foreign Companies Regulations, 2018.”
and any referring regulations thereof, used in any regulations, guidelines, circulars,
notifications, issued by the Commission and for the time being in force, shall be read as
“Companies Regulations, 202 4” along with corresponding regulations of Companies
Regulations, 2024, unless the context requires otherwise.

56 The word “and” omitted vide S.R.O. 459/2025 dated 26th March, 2025.
57 Added clause (vi) and (vii) vide S.R.O. 459/2025 dated 26th March, 2025.

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