Effective Provisions of the Companies Amendment Act 2017 w.e.f. 13 June 2018


With Four Notifications; S.O. 351(E) dated 23rd January 2018, S.O. 630(E) dated 9th February 2018, S.O. 1833(E) dated 7th May 2018 and S.O. 2422(E) dated 13th June 2018 most provisions of the Companies (Amendment) Act, 2017 (1 of 2018) come into force. Here is a bird’s eye view.

Notification  S.O. 2422(E) dated 13th June 2018

S. No. Section of the Companies (Amendment) Act, 2017 Section of Companies Act, 2013 Name of Section of Companies Act, 2013 Major Amendment 
1 Section 22 Section 90 Register of significant beneficial owners in a company Substitution of earlier provisions.
2 Section 24 Section 93 Return to be filed with Registrar in case promoters’ stake changes Omitted
3 Section 25 Section 94 Place of keeping and inspection of registers, returns, etc Exclude certain register, index or return
4 Section 26 Section 96 Annual general meeting AGM of unlisted company at any place in India or Electronic Mode
5 Section 71 Section 216 Investigation of ownership of company Investigation for significant beneficial ownership included in to scope

 

Notification S.O. 1833(E) dated 7th May 2018

The table contains details of provisions notified on 7th May 2018 was posted earlier here.

Notification S.O. 630(E) dated 9th February 2018

The table contains details of provisions notified on 9th February 2018 was posted earlier here.

Notification S.O. 351(E) dated 23rd January 2018

Section 1 and 4 of the Companies (Amendment) Act, 2017 came into force on 26th January 2018 and discussed earlier here.

Provisions not yet notified

Section 3, 5, 6, 10, 15, 16, 20, 21 (part), 23 (part), 36, 37, 67, 68, 69, 70, 75, 76, 80 (part), and 81 of the Companies (Amendment) Act, 2017 are not notified, yet.

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2 responses to “Effective Provisions of the Companies Amendment Act 2017 w.e.f. 13 June 2018

  1. Is there 1 more reporting to be done in case of ALL private companies also “BEN 2”

    (Significant Beneficial Owner)

    Because practically more than 10% shares are surely held by promoters

    Like

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