{"id":207842,"date":"2019-01-09T17:00:03","date_gmt":"2019-01-09T11:30:03","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=207842"},"modified":"2019-01-09T17:01:42","modified_gmt":"2019-01-09T11:31:42","slug":"lok-sabha-passed-the-companies-amendment-bill-2019-in-order-to-amend-the-companies-act-2013","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/01\/09\/lok-sabha-passed-the-companies-amendment-bill-2019-in-order-to-amend-the-companies-act-2013\/","title":{"rendered":"Lok Sabha passed &#8212; The Companies (Amendment) Bill, 2019 in order to amend the Companies Act, 2013"},"content":{"rendered":"<p style=\"text-align: justify;\">The Companies (Amendment) Bill, 2019 was introduced in Lok Sabha on 20-12-2018 and passed on 04-01-2019.<\/p>\n<p style=\"text-align: justify;\">It shall be deemed to have come into force on the 2nd day of November, 2019.<\/p>\n<p style=\"text-align: justify;\">Following Sections have been introduced with <strong><span style=\"color: #800000;\">amendments and insertions<\/span><\/strong> which are passed by Lok Sabha:<\/p>\n<ul>\n<li style=\"text-align: justify;\">Amendment of Sections 2, 12, 14, 53, 64, 77, 86, 90, 92, 102, 105, 117, 121, 137, 140, 157, 164, 165, 191, 197, 203, 238, 248, 441,\u00a0446 B,\u00a0447, 454.<\/li>\n<li style=\"text-align: justify;\">Insertion of new Sections 10A,\u00a0454 A.<\/li>\n<li style=\"text-align: justify;\">Substitution of new sections for Sections 87, 159.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Companies (Amendment) Bill, 2019 was introduced in Lok Sabha on 20-12-2018 and passed on 04-01-2019. It shall be deemed to have <\/p>\n","protected":false},"author":8808,"featured_media":154904,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,13],"tags":[33141],"class_list":["post-207842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-statutes","tag-companies-amendment-bill-2019"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lok Sabha passed --- The Companies (Amendment) Bill, 2019 in order to amend the Companies Act, 2013 | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2019\/01\/09\/lok-sabha-passed-the-companies-amendment-bill-2019-in-order-to-amend-the-companies-act-2013\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lok Sabha passed --- The Companies (Amendment) Bill, 2019 in order to amend the Companies Act, 2013\" \/>\n<meta property=\"og:description\" content=\"The Companies (Amendment) Bill, 2019 was introduced in Lok Sabha on 20-12-2018 and passed on 04-01-2019. It shall be deemed to have\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2019\/01\/09\/lok-sabha-passed-the-companies-amendment-bill-2019-in-order-to-amend-the-companies-act-2013\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-09T11:30:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-01-09T11:31:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1330\" \/>\n\t<meta property=\"og:image:height\" content=\"887\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bhumika Indulia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bhumika Indulia\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/01\/09\/lok-sabha-passed-the-companies-amendment-bill-2019-in-order-to-amend-the-companies-act-2013\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/01\/09\/lok-sabha-passed-the-companies-amendment-bill-2019-in-order-to-amend-the-companies-act-2013\/\",\"name\":\"Lok Sabha passed --- The Companies (Amendment) Bill, 2019 in order to amend the Companies Act, 2013 | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/01\/09\/lok-sabha-passed-the-companies-amendment-bill-2019-in-order-to-amend-the-companies-act-2013\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/01\/09\/lok-sabha-passed-the-companies-amendment-bill-2019-in-order-to-amend-the-companies-act-2013\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg\",\"datePublished\":\"2019-01-09T11:30:03+00:00\",\"dateModified\":\"2019-01-09T11:31:42+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/01\/09\/lok-sabha-passed-the-companies-amendment-bill-2019-in-order-to-amend-the-companies-act-2013\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2019\/01\/09\/lok-sabha-passed-the-companies-amendment-bill-2019-in-order-to-amend-the-companies-act-2013\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/01\/09\/lok-sabha-passed-the-companies-amendment-bill-2019-in-order-to-amend-the-companies-act-2013\/#primaryimage\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg\",\"width\":1330,\"height\":887},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/01\/09\/lok-sabha-passed-the-companies-amendment-bill-2019-in-order-to-amend-the-companies-act-2013\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Lok Sabha passed &#8212; 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Corporate Tax Rates slashed to be slashed to 22% for domestic companies and 15% for new domestic manufacturing companies, according to the said bill. List of amendments: Section 92 BA Section 115 BA Insertion of Sections 115\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":210388,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/20\/cabinet-approves-promulgation-of-the-companies-second-amendment-ordinance-2019\/","url_meta":{"origin":207842,"position":1},"title":"Cabinet approves Promulgation of the Companies (Second Amendment) Ordinance 2019","author":"Bhumika Indulia","date":"February 20, 2019","format":false,"excerpt":"The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Promulgation of the Companies (Second Amendment) Ordinance 2019 and for replacement of the said Ordinance in Parliament by a replacement Bill.\u00a0It is based on the recommendations of the Committee to review offences under the Companies Act, 2013, so\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":217861,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/08\/09\/series-of-significant-bills-passed-in-the-1st-session-of-parliament-after-general-elections-2019\/","url_meta":{"origin":207842,"position":2},"title":"Series of significant &#8220;Bills&#8221; passed in the 1st Session of Parliament after General Elections 2019 [Full List]","author":"Bhumika Indulia","date":"August 9, 2019","format":false,"excerpt":"The First Session of the Parliament after the 2019 General Elections, the most productive session in the longest time was conducted. In total 30 Bills have been passed this session in 35 sittings. Bills passed by both the houses of the Parliament are listed below: The Special Economic Zones (Amendment)\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":224005,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/01\/08\/cabinet-apprises-of-information-about-amendments-to-motor-vehicles-amendment-bill-2019\/","url_meta":{"origin":207842,"position":3},"title":"Cabinet apprises of information about &#8212; Amendments to Motor Vehicles (Amendment) Bill, 2019","author":"Bhumika Indulia","date":"January 8, 2020","format":false,"excerpt":"The Union Cabinet has been apprised of information about the amendments moved to the Motor Vehicles (Amendment) Bill, 2019 as passed by the Rajya Sabha. Amendments will ensure concurrence of the State Governments while formulating National Transport Policy and making schemes for national, multimodal and inter-state transportation of goods and\u2026","rel":"","context":"In &quot;Cabinet Decisions&quot;","block_context":{"text":"Cabinet Decisions","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/cabinet_decisions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/01\/Motor-Vehicles.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/01\/Motor-Vehicles.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/01\/Motor-Vehicles.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/01\/Motor-Vehicles.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/01\/Motor-Vehicles.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":226804,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/03\/09\/insolvency-and-bankruptcy-code-amendment-bill-2020-passed-by-lok-sabha-protection-to-corporate-debtor-from-past-offences-as-well-as-ones-committed-during-insolvency-process\/","url_meta":{"origin":207842,"position":4},"title":"Insolvency and Bankruptcy Code (Amendment) Bill, 2020 passed by &#8212; Lok Sabha | Protection to Corporate Debtor from past offences as well as one&#8217;s committed during insolvency process","author":"Bhumika Indulia","date":"March 9, 2020","format":false,"excerpt":"Lok Sabha passes the Insolvency and Bankruptcy Code (Amendment) Bill, 2020 on 06-03-2020. Series of amendments have been laid down in the said Bill. One of the significant insertions that have been brought in the Bill is Insertion of new Section 32 A After Section 32 of the principal Act,\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":207837,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/01\/09\/lok-sabha-passes-the-constitution-one-hundred-and-twenty-fourth-amendment-bill-2019\/","url_meta":{"origin":207842,"position":5},"title":"Constitution (103rd Amendment) Act, 2019 enacted creating 10% additional reservation for economically weaker sections","author":"Bhumika Indulia","date":"January 9, 2019","format":false,"excerpt":"The President on 12-01-2019 assented to the Constitution (One Hundred and Twenty- fourth Amendment) Bill, 2019. It was passed by the Rajya Sabha on 09-01-2019 as The Constitution (One Hundred and Twenty- fourth Amendment) Bill, 2019. Highlights of the Act\u00a0are as under: Amendment of Article 15: In Article 15 of\u2026","rel":"","context":"In &quot;Foreign Legislation&quot;","block_context":{"text":"Foreign Legislation","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/foreign\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/rashtrapatibhawan.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/rashtrapatibhawan.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/rashtrapatibhawan.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/rashtrapatibhawan.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/rashtrapatibhawan.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/207842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=207842"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/207842\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/154904"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=207842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=207842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=207842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}