The Companies (Amendment) Act, 2017 (Amendment Act) amends 93 sections of the Companies Act, 2013. The amendments in the Amendment Act are broadly aimed at:
Central Government hereby fixes the maximum speed in respect of the class of motor vehicles as specified in the table below‑Maximum speed per hour in kilometres on roads in India-1. Motor vehicles used for carriage of passengers comprising not more than eight seats in addition to the driver’s seat (Ml category vehicles)
In India, this is governed by the provisions of Sections 12, 13(1) and 13(4) of the Companies Act, 2013 read with Rule 30 of Companies Incorporation (Second) Amendment Rules, 2017 effective from 27.07.2017
