In furtherance to the update shared in the trail email, where certain sections of the Companies (Amendment) Act, 2017 (“Amendment Act”) came into force from February 9, 2018, the Ministry of Corporate Affairs (“MCA”) has now notified the enforcement of another set of sections of the Amendment Act.
The following sections of the Amendment Act have been enforced, effective May 7, 2018.
- Clause (i) and clause (xiii) of section 2;
- Section 8;
- Section 13;
- Sections 18 and 19;
- Clauses (i) and (ii) of section 21;
- Clauses (iii) and (iv) of section 23;
- Section 30 and 31;
- Section 33;
- Section 39 and 40;
- Section 46;
- Section 49;
- Section 52;
- Sections 54 to 58 (both inclusive);
- Sections 61 and 62;
- First Proviso to clause (i) of section 80 and clause (ii) of section 80;
- Section 83;
- Sections 86 to 89 (both inclusive)
Source: Ministry of Corporate Affairs