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KMS_MCA Update_The Companies (Amendment) Bill 2017

The Companies (Amendment) Bill, 2017 passed by Lok Sabha on July 27, 2017, received the assent of Rajya Sabha on December 19, 2017. The major amendments proposed include rationalization of provisions of loan to directors, managerial remuneration, disclosure requirements in the prospectus, maintenance of register, ratification of appointment or continuance of auditor, additional fees of Rs 100 per day in case of delay in filing etc.

This updates provides an overview of the section wise amendments proposed in the Companies Act, 2013.KMS_MCA Update_The Companies (Amendment) Bill 2017