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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
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FAQ :
The new provisions came into effect on January 22, 2021.
The notified sections include those related to the definition of a listed company, further issue of share capital, beneficial interest in shares, proxies, resolutions to be filed, periodical financial results, corporate social responsibility, application to foreign companies, exemptions, appellate tribunals, special courts, penalties for one-person or small companies, wrongful withholding of property, and adjudication of penalties.
Clause 52 of Section 2 of the Companies (Amendment) Act, 2020, which deals with the definition of a listed company, has come into force.
Yes, Section 135 of the Companies Act, 2013, related to Corporate Social Responsibility, is among the provisions that have come into force.
The official notification can be found on the e-gazette website at the provided links: http://egazette.nic.in/WriteReadData/2021/224636.pdf and http://egazette.nic.in/WriteReadData/2021/224637.pdf.
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