Enforcement of Section 1 and Section 4 of Companies (Amendment) Act, 2017

Enforcement of Section 1 and Section 4 of Companies (Amendment) Act, 2017 

Ministry of Corporate Affairs vide notification dated 23.01.2018, has appointed 26.01.2018 as the date on which the provisions of Section 1 and Section 4 of the Companies (Amendment) Act, 2017 shall come into force.

Section 1(2) confers powers on Central Government to appoint different dates for enforcement of different provisions of the Act.

Section 4 of the Companies (Amendment) Act, 2017, amends section 4(5)(i) of the Companies Act, 2013, which relates to name reservation by the Registrar. After the notification, the period for which name is reserved by the Registrar has been amended from "sixty days" from the date of application to "twenty days" from the date of approval or such other period as may be prescribed. 

Click here to view the full Notification dated 23.01.2018