Section 378-I Amendment of articles – Companies Act 2013

Amended and updated notes on section 378I of Companies Act 2013 amended by Companies Amendment Act 2020. Provisions for Amendment of article.

Amended and updated notes on section 378-I of the Companies Act 2013 as amended by the Companies (Amendment) Act, 2020 and Company Rules made there under. Detail discussion on provisions and rules related to Amendment of articles.

Chapter XXIA PART-II (Sections 378B to 378N) of the Companies Act 2013 (CA 2013) deals with the provisions related to incorporation of producer companies and other matters. Section 378-I of CA 2013 provides for Amendment of articles.

Recently, we have discussed in detail section 378H (Amendment of memorandum) of CA 2013. Today, we learn the provisions of section 378-I of the Companies Act 2013.

In exercise of the powers conferred by sub-section (2) of section 1 of the Companies (Amendment) Act, 2020 (29 of 2020), the Central Government appoints the 11th February, 2021 as the date on which the provisions of section 52 of the Companies (Amendment) Act, 2020 shall come into force.

Accordingly, the provisions of section 378-I are effective from 11th February, 2021. You may refer Notification No. S.O. 644(E) dated 11-02-2021. In this article, you will learn detail of the provisions of section 378-I the Companies Act 2013.

Name of ActThe Companies Act 2013
Enacted byParliament of India
Administered byMinistry of Corporate Affairs (MCA)
Number of Chapters29
Number of Sections484 (470-43+57)
Number of Schedules7
You are reading:
Chapter No.XXIA (PART-II)
Chapter NameIncorporation of Producer Companies and other matters
Section No.378I
Section NameAmendment of Articles
Monthly Updated EditionCompany Law PDF

Section 378-I: Amendment of articles

Section 378I(1) of Companies Act

Any amendment of the articles shall be proposed by not less than two-thirds of the elected directors or by not less than one-third of the Members of the Producer Company, and adopted by the Members by a special resolution.

Section 378I(2) of Companies Act

A copy of the amended articles together with the copy of the special resolution, both duly certified by two directors, shall be filed with the Registrar within fifteen days from the date of its adoption.

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