Section 16: Amendment of section 86

Q: What does Section 16 of The Companies (Amendment) Act, 2020 (TCAA) deal with?

Section 16 TCAA pertains to "Amendment of section 86". It is part of the The Companies (Amendment) Act, 2020, a legislation enacted by the Parliament of India. Section 16 of The Companies (Amendment) Act, 2020 (TCAA) governs amendment of section 86. As verified on 19 May 2026.

Q: Is Section 16 TCAA still in force?

Yes, Section 16 of the The Companies (Amendment) Act, 2020 is currently in force across the Republic of India.

Q: What is धारा 16 TCAA?

धारा 16 TCAA is the Devanagari Hindi reference for Section 16 of the The Companies (Amendment) Act, 2020. Section 16 of The Companies (Amendment) Act, 2020 (TCAA) governs amendment of section 86. As verified on 19 May 2026.

Q: What is Dhara 16 TCAA?

Dhara 16 TCAA is the Roman Hindi reference for Section 16 of the The Companies (Amendment) Act, 2020. "Dhara" means "Section" in Hindi. Section 16 of The Companies (Amendment) Act, 2020 (TCAA) governs amendment of section 86. As verified on 19 May 2026.

Q: How to cite Section 16 of The Companies (Amendment) Act, 2020?

Cite as: "Section 16, The Companies (Amendment) Act, 2020 (TCAA)" in legal briefs. For academic writing, use the BlueBook format: The Companies (Amendment) Act, 2020, § 16 (India).

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Wednesday, 20 May 2026

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Table of Contents

The Companies (Amendment) Act, 2020

Chapter I — Full Text

Section 16

Amendment of section 86

In section 86 of the principal Act, for sub-section (1), the following sub-section shall be substituted, namely:—

"(1) If any company is in default in complying with any of the provisions of this Chapter, the company shall be liable to a penalty of five lakh rupees and every officer of the company who is in default shall be liable to a penalty of fifty thousand rupees.".