Home List of Notified Sections – Companies Amendment Act, 2020  

List of Notified Sections – Companies Amendment Act, 2020  

by CS Divesh Goyal

Summary:

Ministry of Corporate Affairs by Circulated Dated 21st December 2020 has notified some Sections of Companies Amendment Act, 2020 w.e.f. 21st December 2020. Out of 65 Sections 44 Sections has been notified.

S. No. Section of CA 2020. Section of CA 2013 Name of Section
1.       1 1 Short Title, Extent, Commencement and Application.
2.       3 8 Formation of Companies with Charitable Objects, etc.
3.       6 26 Matters to be Stated in Prospectus
4.       7 40 Securities to be Dealt with in Stock Exchanges
5.       8 48 Variation of Shareholders’ Rights.
6.       9 56 Transfer and Transmission of Securities
7.       10 59 Rectification of Register of Members.
8.       12 64 Notice to be Given to Registrar for Alteration of Share Capital
9.       13 66 Reduction of Share Capital.
10.    14 68 Power of Company to Purchase its Own Securities
11.    15 71 Debentures
12.    16 86 Punishment for Contravention.
13.    17 88 Register of Members, etc.
14.    18(a) and (b) 89 Declaration in Respect of Beneficial Interest in any Share
15.    19 90 Register of significant beneficial owners in a company
16.    20 92 Annual Return
17.    21 105 Proxies
18.    22(1) 117 Resolutions and Agreements to be Filed
19.    24 128 Books of Account, etc., to be kept by Company
20.    26 134 Financial Statement, Board’s Report, etc.
21.    28 137 Copy of Financial Statement to be Filed with Registrar
22.    29 140 Removal, Resignation of Auditor and Giving of Special Notice
23.    30 143 Powers and Duties of Auditors and Auditing Standards
24.    33 165 Number of Directorships
25.    34 167 Vacation of Office of Director
26.    35 172 Punishment
27.    36 178 Nomination and Remuneration Committee and Stakeholders Relationship Committee
28.    37 184 Disclosure of Interest by Director
29.    38 187 Investments of Company to be Held in its Own Name
30.    39 188 Related Party Transactions
31.    41 204 Secretarial Audit for Bigger Companies
32.    42 232 Merger and Amalgamation of Companies.
33.    43 242 Powers of Tribunal
34.    44 243 Consequence of Termination or Modification of Certain Agreements
35.    46 284 Promoters, Directors, etc., to Cooperate with Company Liquidator.
36.    47 302 Dissolution of Company by Tribunal.
37.    48 342 Prosecution of Delinquent Officers and Members of Company
38.    49 347 Disposal of Books and Papers of Company.
39.    50 348 Information as to Pending Liquidations.
40.    51 356 Powers of Tribunal to Declare Dissolution of Company Void.
41.    54 392 Punishment for Contravention
42.    57 405 Power of Central Government to Direct Companies to Furnish Information or Statistics.
43.    61 441 Compounding of Certain Offences
44.    63 450 Punishment Where No Specific Penalty or Punishment is Provided.

 

Author – CS Divesh Goyal, GOYAL DIVESH & ASSOCIATES Company Secretary in Practice from Delhi and can be contacted at csdiveshgoyal@gmail.com).

Disclaimer: The entire contents of this document have been prepared based on 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 piece of professional advice and is subject to change without notice. I assume no responsibility for the consequences of the 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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