First Notes - 2 August 2018 | KPMG | IN
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First Notes - 2 August 2018

First Notes - 2 August 2018

The Ministry of Corporate Affairs (MCA) through its notifications dated 5 July 2018 and 27 July 2018 notified certain sections of the Companies (Amendment) Act, 2017

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The Ministry of Corporate Affairs (MCA) through its notifications dated 5 July 2018 and 27 July 2018 notified certain sections of the Companies (Amendment) Act, 2017.
Additionally, MCA issued amendments to certain rules under the Companies Act, 2013 (2013 Act).

Certain provisions of the Companies (Amendment) Act, 2017 are effective from 5 July 2018, while others are effective from 10 July 2018, 27 July 2018 and 15 August 2018 respectively.

The key amendments notified relate to the following provisions:

  • Acceptance and repayment of deposits
  • Deactivation of Director Identification Number (DIN)
  • Registration of charges
  • Others.

This issue of First Notes aims to provide an overview of the recently notified sections of the Companies (Amendment) Act, 2017 and the amendments issued to the rules under the 2013 Act.

To access the text of the MCA notification on:

  • Section of the Companies (Amendment) Act, 2017 notified with effect from 5 July 2018, please click here
  • Sections of the Companies (Amendment) Act, 2017 notified with effect from 27 July 2018, please click here.
  • Sections of the Companies (Amendment) Act, 2017 notified with effect from 15 August 2018, please click here
  • Companies (Appointment and Qualification of Directors) Fourth Amendment Rules, 2018, please click here
  • Companies (Acceptance of Deposits) Amendment Rules, 2018, please click here
  • Companies (Authorised to Register) Second Amendment Rules, 2018, please click here
  • Companies (Registration of Charges) Amendment Rules, 2018, please click here
  • Companies (Registration Offices and Fees) Third Amendment Rules, 2018, please click here
  • Companies (Incorporation) Third Amendment Rules, 2018, please click here.
  • Companies (Accounts) Amendment Rules, 2018, please click here

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