Companies law bare act


Companies Act � Ready Reckoner

6. Updates on Companies Act, 2013

Updated till 16 th May, 2019

Amendments in Rules

Commencement Notification dated 09.02.2018

II - Incorporation of companies and matters incidental thereto

The Companies (Incorporation) Second Amendment Rules 2017 dated 27th July , 2017

III - Prospectus and allotment of securities

Companies (Prospectus and Allotment of Securities) Amendment Rules, 2019 dated 23.01.2019

IV - Share capital and debentures

V - Acceptance of deposits by companies

Notification dated 6 th June, 2014 - Commencement

VI - Registration of Charges

VII - Management and administration

The Companies ( Significant Beneficial Owners) Rules, 2018 dated 13.06.2018

VIII - Declaration and payment of Dividend

IX - Accounts of Companies

Notification regarding Exemption for segment reporting dated 23.02.2018

Commencement Notification dated 21.03.2018

Notification regarding amendments in the notification number S.O. 529(E) dated 05.02.2018

X - Audit and auditors

The Companies (Audit and Auditors) Amendment Rules, 2018 dated 07.05.2018

General circular- 1/2018 dated 28.03.2018 Relaxation of additional fees and extension of last date of filing of AOC-4 XBRL E-Forms using Ind AS under the Companies Act, 2013

XI - Appointment and qualification of directors

The Companies (Removal of Difficulties) Order, 2018

XII - Meetings of Board and its powers

XIII - Appointment and remuneration of managerial personnel

XIV - Inspection, Inquiry and Investigation

XV - Compromises, Arrangements and Amalgamations

Companies (Registered Valuers and Valuation) 2nd Amendment Rules, 2018 dated 13.06.2018

XVIII- Removal of Names of Companies from the Register of Companies

XIX- Revival and Rehabilitation of Sick Companies

Sections 253 to 269 shall be omitted.

In terms of MCA Notification no. S.O. 3453(E) dated 15 th November, 2016, section 255 of the Insolvency and Bankruptcy Code, 2016 was made effective. w.e.f. 15 th November, 2016

Section 255 of the Insolvency and Bankruptcy Code, 2016 provides that t he Companies Act, 2013 shall be amended in the manner specified in the Eleventh Schedule.

Eleventh Schedule provides that sections 253 to 269 shall be omitted.

Part II.�Voluntary winding up i.e. Sections 304 to 323 shall be omitted.

In terms of MCA Notification no. S.O. 3453(E) dated 15 th November, 2016, section 255 of the Insolvency and Bankruptcy Code, 2016 was made effective. w.e.f. 15 th November, 2016

Section 255 of the Insolvency and Bankruptcy Code, 2016 provides that t he Companies Act, 2013 shall be amended in the manner specified in the Eleventh Schedule.

Eleventh Schedule provides that Part II.�Voluntary winding up i.e. Sections 304 to 323 shall be omitted .

XXI - Companies authorised to register under this Act