Impact of Budget 2021 on Companies Act,2013 legalwiz.in
The concept of a small business has changed. Therefore, it reads according to Notification No. CG-DL-E-01022021-224862 dated 1st February 2021. The Commercial has been selectively replicated as follows.
In exercise of the powers conferred by sub-section (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Specifications of Definitions Details) Rules, 2014, namely:
A. A brief title and commencement: – The amended rules are now in force and known as the Companies (Specification of Definitions Details) Amendment Rules, 2021.
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