ANNOUNCEMENT
Sub: Commencement notification of certain provisions of Companies (Amendment) Act, 2020 w.e.f. 22nd January, 2021
This is to inform you that Central Government has appointed the 22nd day of January 2021 as the date on which the following provisions of the Companies (Amendment) Act, 2020 shall come into force namely:
|
S No. |
Section of the Companies (Amendment) Act, 2020 |
Section of the Companies Act, 2013 |
Particulars |
|
1 |
2 |
Clause 52 of section 2 |
Definition of listed company |
|
2 |
11 |
62(1)(a)(i) |
Further Issue of Share Capital |
|
3 |
Clause c of section 18 |
89 |
Declaration in respect of beneficial interest in any share |
|
4 |
21 |
105(5) |
Proxies |
|
5 |
Clause ii of section 22 |
117(3)(g) |
Resolutions and agreements to be filed |
|
6 |
25 |
Insertion of new section 129A |
Periodical financial results |
|
7 |
27 |
135 |
Corporate Social Responsibility |
|
8 |
53 |
379 |
Application of act to foreign companies |
|
9 |
55 |
Insertion of new section 393A |
Exemptions under this chapter |
|
10 |
58 |
410 |
Constitution of Appellate Tribunal |
|
11 |
59 |
Insertion of new section 418A |
Benches of Appellate Tribunal |
|
12 |
60 |
435(1) |
Establishment of Special Courts |
|
13 |
62 |
446B |
Lesser penalties for one person companies or small companies |
|
14 |
64 |
452(2) |
Punishment for wrongful withholding of property |
|
15 |
65 |
454(3) |
Adjudication of Penalties |
Notification is available at the link-
http://egazette.nic.in/WriteReadData/2021/224636.pdf and http://egazette.nic.in/WriteReadData/2021/224637.pdf
Members may note the above.
Sincerely Yours,
Chairman and Vice Chairman
Corporate Laws & Corporate Governance Committee The Institute of Chartered Accountants of India
CAclubindia
