MCA notifies Appointed date for Certain Sections of Companies Amendment Act 2020

MCA notifies 22nd January, 2021 as the appointed date from which provisions of various Sections of the Companies (Amendment) Act, 2020 shall come into force. Summary of amendments made vide the Companies Amendment Act 2020, which are effective from 22/01/2021 is as under:

Sl. No. Section of Companies Amendment Act 2020Section of Companies Act 2013Details
 1Section 2Clause 52 of section 2Proviso to definition of listed company.
 2Section 11Amendment of Section 62(1)(a)(i)Offer Notice timeline for Further Issue of Share Capital
 3Clause (c) of section 18Amendment of Section 89(11)Exemption from Declaration in respect of beneficial interest in any share
 4Clause (ii) of section 22Amendment of Section 117(3)(g)Exemptions from Resolutions and agreements to be
filed
 5Section 25Insertion of new section 129APeriodical financial results
 6Section 27Amendment of Section 135CSR
 7Section 53Amendment of Section 379(1)Application of act to foreign
companies
 8Section 55Insertion of new section 393AExemptions under Chapter XXII Companies Incorporated Outside India
 9Section 58Amendment of Section 410Constitution of Appellate Tribunal
10Section 59Insertion of new section 418ABenches of Appellate Tribunal
11Section 60Amendment of Section 435(1)Establishment of Special Courts
 12Section 62Substitution of Section 446BLesser penalties for one person
companies or small companies
 13Section 64Amendment of Section 452(2)Lesser penalties for one person
companies or small companies
14Section 65Amendment of Section 454(3)Adjudication of Penalties

MCA Notification dt. 22/01/2021 : Appointed date for Certain Sections of Companies Amendment Act 2020 notified

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
MCA Updates (Company Law)
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