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.
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