Ministry of Corporate Affairs by Circulated Dated 21st December 2020 has already notified some Sections of the Companies Amendment Act, 2020 w.e.f. 21st December 2020. Out of 66 Sections, 44 Sections has been notified.
Ministry of Corporate Affairs has latest issued one more Circular Dated January 22, 2021, and notified some more sections of the Companies Amendment Act, 2020 w.e.f. January 22, 2021. Out of the remaining 22 sections, 14 more sections have been notified.
Therefore, 8 sections of the Companies Amendment Act, 2020 become unnotified as of the date.
S. No. | Section of CA 2020. | Section of CA 2013 | Name of Section |
1. | 2 | 2 | Definition |
2. | 11 | 62 | Further issue of share (right issue) |
3. | 18© | 89(11) | Declaration in respect of the beneficial interest |
4. | 22(ii) | 117(3)(g) | Resolutions and Agreements to be filed in form MGT-14 |
5. | 25 | New 129A | New Section – Periodical Financial Result. |
6. | 27 | 135 | CSR |
7. | 53 | 379 | Application to act to a Foreign Company |
8. | 55 | 393 | New Section – Exemption under Chapter 22 |
9. | 58 | 410 | Constitution of the Aappellate Tribunal |
10. | 59 | 418 | Staff of the Tribunal and the Appellate Tribunal |
11. | 60 | 435 | Establishment of the special Court |
12. | 62 | 446B | Lesser penalty of an OPC or the Small Company |
13. | 64 | 452 | Punishment for the wrongful withholding of the property |
14. | 65 | 454 | Adjudication of the penalty |
Author – CS Divesh Goyal, GOYAL DIVESH & ASSOCIATES Company Secretary in Practice from Delhi and can be contacted at [email protected]).
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