Wednesday, March 26, 2014

183 more sections of Companies Act, 2013 have been notified by CG.

Central Government (CG) has been implementing the new Companies Act in a phased manner. With this initiative it has notified on 26th March, 2013 i.e. today 183 sections of the new Act which will come into force from 01.04.2014.

On 29th August 2013 the Companies Bill, 2013 got signed by the president of India. Later, the CG was in the process of making the Rules under the Act. On 12.09.2013 the CG notified that 98 sections of the new Act shall come into force with immediate effect.


Again on 27th February, 2014 Section 135 of the Act, along with Schedule VII relating to Corporate Social Responsibility (CSR) was notified by the CG to be effective from 1st April, 2014. 


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