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 as follows:-
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 22nd January, 2021
S.O. 325(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 22nd day of January, 2021 as the date on which the following provisions of the said Act shall come into force, namely:-
Sl. No. | Sections |
1. | Section 2; |
2. | Section 11; |
3. | Clause (c) of section 18; |
4. | Clause (ii) of section 22; |
5. | Section 25; |
6. | Section 27; |
7. | Section 53; |
8. | Section 55; |
9. | Section 58 to section 60 (both inclusive); |
10. | Section 62; and |
11. | Section 64 and section 65. |
[F. No. 1 /3 /2020-CL.I]
K.V.R. MURTY, Jt. Secy.