law: Companies Act, 2013 
  469.
  
    Power
  
  of Central Government to make rules.
  1.      The Central
  
  Government may, by notification, make rules for carrying out the provisions of
  
  this Act.
  2.      Without prejudice to
  
  the generality of the provisions of sub-section (1 ), the Central
  
  Government may make rules for all or any of the matters which by this Act are
  
  required to be, or may be, prescribed or in respect of which provision is to be
  
  or may be made by rules.
  3.      Any rule made under
  
  sub-section (1 ) may provide that a contravention thereof shall be
  
  punishable with fine which may extend to five thousand rupees and where the
  
  contravention is a continuing one, with a further fine which may extend to five
  
  hundred rupees for every day after the first during which such contravention
  
  continues.
  4.      Every rule made under
  
  this section and every regulation made by Securities and Exchange Board under
  
  this Act, shall be laid, as soon as may be after it is made, before each House
  
  of Parliament, while it is in session, for a total period of thirty days which
  
  may be comprised in one session or in two or more successive sessions, and if,
  
  before the expiry of the session immediately following the session or the
  
  successive sessions aforesaid, both Houses agree in making any modification in
  
  the rule or regulation or both Houses agree that the rule or regulation should
  
  not be made, the rule or regulation shall thereafter have effect only in such
  
  modified form or be of no effect, as the case may be; so, however, that any
  
  such modification or annulment shall be without prejudice to the validity of
  
  anything previously done under that rule or regulation.