The Companies (Amendment Act) 2017

The Companies (Amendment) Act 2017 was notified on 3rd January 2018. The amendments under the Companies (Amendment) Act, 2017, are broadly aimed at:

- addressing difficulties in implementation owing to stringent compliance requirements;

- facilitating ease of doing business in order to promote growth with employment;

- harmonisation with the Accounting Standards, the Securities and Exchange Board of India Act, 1992 and the regulations made thereunder, and the Reserve Bank of India Act, 1934 and the regulations made thereunder;

- rectifying omissions and inconsistencies in the Act.

Amended Sections of Companies Act 2017

Section 1, 2, 3A, 4, 7 of Companies Act 2017

Section 12, 21, 26, 35, 42 of Companies Act

Section 47, 53, 54, 62, 73, 74

Section 76a, 77, 78, 82, 89, 90

Section 92, 94, 96, 100, 101, 110

Section 121, 123, 129, 130, 132, 134

Section 135, 136, 137, 140, 141, 143

Section 147, 148, 149, 152, 153, 157

Section 160, 161, 164, 165, 167, 168

Section 173, 177, 178, 180, 184, 185

Section 186, 188, 196, 197, 198, 200

Section 201, 216, 223, 236, 247, 366

Section 374, 379, 384, 391, 403, 406

Section 409, 410, 411, 412, 435, 438

Section 439, 440, 441, 446A, B, 447, 458