MCA substitutes new provisions of Section 406 related to Nidhi Companies

MCA vide notification File No. 1/1 /2018-CL-I dated 1st July, 2019 notifies, Section 81 of Companies (Amendment) Act, 2017 to make it effective from 15th August, 2019. This section substitutes the provisions of Section 406 i.e. power to modify act in its application to Nidhis.

MCA commencement notification attached for the reference-



profile image

About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

Leave a Reply

Your email address will not be published. Required fields are marked *

India’s Leading Compliance Software

India’s Leading Compliance Software

Get A Demo Today !

Corporate Law Referencer

Corporate Law Referencer

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates