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MCA Vide Notification No. S.O.__(E) dated 12.09.2018 appoints 12th day of September, 2018 as the date on which the following provisions of the Companies (Amendment) Act, 2017 shall come into force.

MCA vide Notification No. S.O.__(E) on Wednesday, 12th September, 2018  has appointed 12th day of September, 2018 as the date on which the following provisions of Companies (Amendment) Act, 2017 shall come into force:

Sr. No. Section

(as per Companies Amendment Act, 2017)

Section

(as per Companies Act, 2013)

Section pertains to
1. Section 66 Section 196 Appointment of Managing Director, Whole-time Director or Manager
2. Section 67 Section 197 Overall Maximum Managerial Remuneration and Managerial Remuneration in Case of Absence or Inadequacy of Profits
3. Section 68 Section 198 Calculation of Profits
4. Section 69 Section 200 Central Government or Company to Fix Limit with Regard to Remuneration
5. Section 70 Section 201 Forms of, and Procedure in Relation to, Certain Applications

The said Notification can be accessed through the following link:MCANotf_S.O._(E)_dt.12.09.2018_Commencement Notf. for Cos.Amend. Act,2017

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