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Certain sections under Companies Act notified by MCA

Written By Admin on Friday, 9 December 2016 | Friday, December 09, 2016


MCA vide Notification No. S.O. 3677(E) dated December 07, 2016, has enforced the provisions of the following sections of the Companies Act, 2013 w.e.f 15.12.2016.

1.    Clause (23) of section 2 - Definition of Company Liquidator
2.    Clause (c) and (d) of sub-section (7) of section 7 - Incorporation of company
3.    Sub-section (9) of section 8 - Formation of companies with charitable objects, etc.
4.    Section 48 - Variation of shareholders’ rights
5.    Section 66 - Reduction of share capital
6.    Sub-section (2) of section 224 - Actions to be taken in pursuance of inspector’s report
7.    Section 226 - Voluntary winding up of company, etc., not to stop investigation proceedings
8.    Section 230 [except sub-section (11) and (12)] - Power to compromise or make arrangements with creditors and members
9.    Section 231 - Power of Tribunal to enforce compromise or arrangement
10.  Section 232 - Merger and amalgamation of companies


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