Notification 84 Sections of Companies Amendment Act, 2017 - 09.08.2018

Notification 84 Sections of Companies Amendment Act, 2017

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 05^th July, 2018 notified 4 Section of Companies Amendment Act, 2017. These 4 sections shall be come into effect w.e.f. 15^th August, 2018. (LIST B).

MCA vide notification dated 05^th July, 2018 notified 1 Section of Companies Amendment Act, 2017.(LIST C).

MCA vide notification dated: 13^th 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. 7^th May, 2018 (LIST E). MCA has already notified 43 sections of Companies Amendment Act, 2017 w.e.f. 9^th February, 2018 (LIST F).

Now total 75 sections out of 84 section of Companies Amendment Act, 2017 has been notified.43 Sections notified on 09^th February, 2018 and 28 sections notified on 07^th May, 2018 and 5 sections notified on 13^th 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.