Notification 84 Sections of Companies Amendment Act, 2017 - 09.08.2018
MCA
vide some notification notified 4 Section
of Companies Amendment Act, 2017. These 4 sections shall be come into effect dates
mentioned in the list below. (LIST A).
MCA
vide notification dated 05th July, 2018 notified 4 Section of Companies Amendment Act,
2017. These 4 sections shall be come into effect w.e.f. 15th August,
2018. (LIST B).
MCA
vide notification dated 05th July, 2018 notified 1 Section of Companies Amendment Act, 2017.(LIST C).
MCA
vide notification dated: 13th June, 2018 has notified 5 Section of Companies Amendment Act,
2017 (LIST D). MCA has already
notified below mentioned 28 sections of Companies Amendment Act, 2017 w.e.f. 7th
May, 2018 (LIST E). MCA has already
notified 43 sections of Companies Amendment Act, 2017 w.e.f. 9th
February, 2018 (LIST F).
Now total 75 sections out
of 84 section of Companies Amendment Act, 2017 has been notified.43 Sections
notified on 09th February, 2018 and 28 sections notified on 07th
May, 2018 and 5 sections notified on 13th June, 2018. (Section 2
covered in Both List A and B therefore counted as one section)
LIST A
MCA has notified below mentioned 4 sections of
Companies Amendment Act, 2017 as follow
S. No.
|
Section No. of
Amendment Act, 2017
|
Section No. of
Companies
Act, 2013
|
Notification Date
|
Particular of Section
|
Section 10
|
Section 42
|
07th August, 2018
|
Issue of shares on Private Placement Basis
|
|
Section 36
|
Section 134
|
31st July, 2018
|
Financial Statement and Board Report
|
|
Section 5
|
Section 7
|
27th July, 2018
|
Incorporation of Company
|
|
Section 6
|
Section 12
|
27th July, 2018
|
Registered office of Company
|
LIST B
MCA has notified below mentioned 4 sections of
Companies Amendment Act, 2017 w.e.f. 15th August, 2018.
S. No.
|
Section No. of
Amendment Act, 2017
|
Section No. of
Companies Act, 2013
|
Particular of Section
|
|
Section 15
|
Section 73
|
Prohibition on Acceptance of Deposits from Public
|
||
Section 16
|
Section 74
|
Repayment of Deposits, etc., Accepted Before Commencement of
this Act
|
||
Section 75
|
Section 366
|
Companies Capable of Being Registered
|
||
Section 76
|
Section 374
|
Obligations of Companies Registering Under this Part
|
LIST C
MCA has notified below mentioned 1 sections of
Companies Amendment Act, 2017 w.e.f. 5thJuly, 2018.
S. No.
|
Section No. of
Amendment Act, 2017
|
Section No. of
Companies Act, 2013
|
Particular of Section
|
Section 20
|
Section 82
|
Company to Report Satisfaction of Charge.
|
LIST D
MCA has already notified below mentioned 5 sections
of Companies Amendment Act, 2017 w.e.f. 13th June, 2018.
S. No.
|
Section No. of
Amendment Act, 2017
|
Section No. of
Companies Act, 2013
|
Particular of Section
|
Section 22
|
Section 90
|
Register of Significant beneficial owners in a Company
|
|
Section 24
|
Section 93
|
Return to be filed with Registrar in case promoters’ stake
change
|
|
Section 25
|
Section 94
|
Place of Keeping and inspection of registers, returns etc.
|
|
Section 26
|
Section 96
|
Annual General Meeting
|
|
Section 71
|
Section 216
|
Investigation of ownership of Company
|
LIST E
MCA has already notified below mentioned 28
sections of Companies Amendment Act, 2017 w.e.f. 7th May, 2018.
S.
No.
|
Section
No. of
Amendment
Act, 2017
|
Section
No. of
Companies
Act, 2013
|
Particular of Section
|
Section 2 Clause (i) and (xiii)
|
Section 2
|
Definitions
|
|
Section 8
|
Section 26
|
Matter to be stated in Prospectus
|
|
Section 13
|
Section 54
|
Issue of Sweat Equity Shares
|
|
Section 18
|
Section 77
|
Duty to Register charge
|
|
Section 19
|
Section 78
|
Application for registration of
charge
|
|
Section 21 Clause (i) (ii)
|
Section 89
|
Declaration in respect of
beneficial interest in any share
|
|
Section 23 clause (iii) & (iv)
|
Section 92
|
Annual Return
|
|
Section 30
|
Section 117
|
Resolution and agreements to be
filed
|
|
Section 31
|
Section 121
|
Report on Annual General Meeting
|
|
Section 33
|
Section 129
|
Financial Statement
|
|
Section 39
|
Section 137
|
Copy of financial statement to be
filed with Registrar
|
|
Section 40
|
Section 139
|
Appointment of Auditors
|
|
Section 46
|
Section 149
|
Company to have Board of Directors
|
|
Section 49
|
Section 157
|
Company to inform Director
identification Number to Registrar
|
|
Section 52
|
Section 164
|
Disqualifications for appointment
of Director
|
|
Section 54
|
Section 167
|
Vacation of office of Director
|
|
Section 55
|
Section 168
|
Resignation of Director
|
|
Section 56
|
Section 173
|
Meeting of Board
|
|
Section 57
|
Section 177
|
Audit Committee
|
|
Section 58
|
Section 178
|
Nomination and Remuneration
Committee and Stakeholders Relationship Committee
|
|
Section 61
|
Section 185
|
Loan to Directors
|
|
Section 62
|
Section 186
|
Loan and investment by Company
|
|
Section 80 Clause (i) (ii)
|
Section 403
|
Fee for Filing etc
|
|
Section 83
|
Section 410
|
Constitution of Appellate Tribunal
|
|
Section 86
|
Section 435
|
Establishment of Special Courts
|
|
Section 87
|
Section 438
|
Application of code of proceedings
before special court
|
|
Section 88
|
Section 439
|
Offences to be non-cognizable
|
|
Section 89
|
Section 440
|
Transitional provisions
|
LIST F
MCA has already notified below mentioned 43 sections of Companies
Amendment Act, 2017 w.e.f. 9th February, 2018.
S.
No.
|
Section
No. of
Amendment
Act, 2017
|
Section
No. of
Companies
Act, 2013
|
Particular
of Section
|
Section 2
|
Section 2
|
Definations (except definition of
Associate & Subsidiary)
|
|
Section 3
|
New Section 3A
|
Member severally liable in certain
cases
|
|
Section 7
|
Section 21
|
Authentication of Documents,
Proceeding & Contracts
|
|
Section 9
|
Section 35
|
Civil Liability for mis-statement
in prospectus
|
|
Section 11
|
Section 47
|
Voting Right
|
|
Section 12
|
Section 53
|
Prohibition on issue of shares at
discount
|
|
Section 14
|
Section 62
|
Further issue of share capital
|
|
Section 17
|
Section 76A
|
Penalty on Deposit
|
|
Section 27
|
Section 100
|
Calling of extra ordinary general
meeting
|
|
Section 28
|
Section 101
|
Notice of Meeting
|
|
Section 29
|
Section 110
|
Postal Ballot
|
|
Section 32
|
Section 123
|
Declaration of Dividend
|
|
Section 34
|
Section 130
|
Re opening of accoiunts of courts
or tribunals order
|
|
Section 35
|
Section 132
|
Constitution of National financial
reporting authority
|
|
Section 38
|
Section 136
|
Right of members to copies of
audited financial statement
|
|
Section 41
|
Section 140
|
Removal, resignation of auditor
|
|
Section 42
|
Section 141
|
Eligibility, qualifications and
disqualification of auditors
|
|
Section 43
|
Section 143
|
Power and duties of auditors and
autiding standards
|
|
Section 44
|
Section 147
|
Punishment for contravention
|
|
Section 45
|
Section 148
|
Central govt. to specify audit of
items of cost in respect of certain companies
|
|
Section 47
|
Section 152
|
Appointment of Directors
|
|
Section 48
|
Section 153
|
Application of allotemnt of DIN
|
|
Section 50
|
Section 160
|
Right of persons other than
retiring directors to stand for directorship
|
|
Section 51
|
Section 161
|
appointment of additional director,
alternate director and nominee director
|
|
Section 53
|
Section 165
|
Number of directorship
|
|
Section 59
|
Section 180
|
Restrictions of power of board
|
|
Section 60
|
Section 184
|
Disclosure of interest by Director
|
|
Section 63
|
Section 188
|
Related party transaction
|
|
Section 65
|
Section 195
|
Prohibition on insider trading of
securities
|
|
Section 64
|
Section 194
|
Prohibition on forward dealings in
securities of company by director or key managerial personnel
|
|
Section 72
|
Section 223
|
Inspector's Report
|
|
Section 73
|
Section 236
|
Purchase of minority shareholding
|
|
Section 74
|
Section 247
|
valuation by registered valuer
|
|
Section 77
|
Section 379
|
Application of act to foreign
companies
|
|
Section 78
|
Section 384
|
Debentures, annual return,
registered of charge, books of account
|
|
Section 79
|
Section 391
|
Application of section 34 to 36 and
chapter XX
|
|
Section 82
|
Section 409
|
Qualification of president and
member of tribunal
|
|
Section 84
|
Section 411
|
Qualification of chair person and
member of appellate tribunal
|
|
Section 85
|
Section 412
|
Selection of members of Tribunal
and appellate tribunal
|
|
Section 90
|
Section 441
|
Compounding of certain offences
|
|
Section 91
|
Section 446
|
Insertion of new section 446A and
446B
|
|
Section 92
|
Section 447
|
Punishment for fraud
|
|
Section 93
|
Section 458
|
Delegation by central government of
its powers and functions
|
Disclaimer: The entire contents of this document
have been prepared on the basis of relevant provisions and as per the
information existing at the time of the preparation. Although care has been
taken to ensure the accuracy, completeness and reliability of the information
provided, I assume no responsibility therefore. Users of this information are
expected to refer to the relevant existing provisions of applicable Laws. The
user of the information agrees that the information is not a professional
advice and is subject to change without notice. I assume no responsibility for
the consequences of use of such information. IN NO EVENT SHALL I SHALL BE
LIABLE FOR ANY DIRECT, INDIRECT, SPECIAL OR INCIDENTAL DAMAGE RESULTING FROM,
ARISING OUT OF OR IN CONNECTION WITH THE USE OF THE INFORMATION.
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