Companies Amendment Act

KEY TAKE AWAY – NOTIFIED SECTIONS COMPANIES (AMENDMENT) ACT, 2020

Key Take Away – Notified Sections- COMPANIES (AMENDMENT) ACT, 2020 Till 22nd JANUARY 2021 Summary: Government has passed the Companies (Amendment) Bill, 2020 as Bill No. 88 of 2020 to further amend Companies Act, 2013 on March 12, 2020. Companies (Amendment) Bill, 2020 based on CLC Committee. CLC Committee submitted its report in November 2019. There …

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Impact on Penalties/ Fine/ Imprisonment – THE COMPANIES (AMENDMENT) ACT, 2020

DECRIMINALIZE 1.   Section – 8(11) – Formation of Companies with Charitable Objects, etc. AFTER AMENDMENT If a company makes any default in complying with any of the requirements laid down in this section, the company shall, without prejudice to any other action under the provisions of this section, be punishable with fine which shall not …

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KEY TAKE AWAY -THE COMPANIES (AMENDMENT) BILL, 2020-PASSED BY LOK SABHA & RAJYA SABHA

The government has passed the Companies (Amendment) Bill, 2020 as Bill No. 88 of 2020 to further amend the Companies Act, 2013 on March 12, 2020. Companies (Amendment) Bill, 2020 based on CLC Committee. CLC Committee submitted its report in November 2019. There are amendments in 66 Sections of the Companies Act, 2013 Title Ministry …

KEY TAKE AWAY -THE COMPANIES (AMENDMENT) BILL, 2020-PASSED BY LOK SABHA & RAJYA SABHA Read More »

LIST OF NOTIFIED SECTIONS COMPANIES AMENDMENT ACT, 2020

List of Notified Sections- Companies Amendment Act, 2020- As of 10th March 2021 Summary: The government has passed the Companies (Amendment) Bill, 2020 as Bill No. 88 of 2020 to further amend the Companies Act, 2013 on March 12, 2020. Companies (Amendment) Bill, 2020 based on CLC Committee. CLC Committee submitted its report in November 2019. There …

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