The Ministry of Corporate Affairs has appointed 18th March 2021, as the date on which provisions of Sec 32 & 40 of the Companies (Amendment) Act, 2020 shall come into force. Read the official notification below:
[To be published in the Gazette of India, Extraordinary, Part 11, Section 3, Sub-section
Government of India
Ministry of Corporate Affairs
New Delhi, the CI March, 2021
S.O. (E).- In exercise of the powers conferred by sub-section (2) of section 1 of the Companies (Amendment) Act, 2020 (29 of 2020), the Central Government hereby appoints the 18th March, 2021 as the date on which the provisions of section 32 and section 40 of the said Act shall come into force.
[File No. 1/3/2020-CL.1]
Joint Secretary to the Government of India