Section 35: Amendment of section 172

Q: What does Section 35 of The Companies (Amendment) Act, 2020 (TCAA) deal with?

Section 35 TCAA pertains to "Amendment of section 172". It is part of the The Companies (Amendment) Act, 2020, a legislation enacted by the Parliament of India. Section 35 of The Companies (Amendment) Act, 2020 (TCAA) governs amendment of section 172. As verified on 19 May 2026.

Q: Is Section 35 TCAA still in force?

Yes, Section 35 of the The Companies (Amendment) Act, 2020 is currently in force across the Republic of India.

Q: What is धारा 35 TCAA?

धारा 35 TCAA is the Devanagari Hindi reference for Section 35 of the The Companies (Amendment) Act, 2020. Section 35 of The Companies (Amendment) Act, 2020 (TCAA) governs amendment of section 172. As verified on 19 May 2026.

Q: What is Dhara 35 TCAA?

Dhara 35 TCAA is the Roman Hindi reference for Section 35 of the The Companies (Amendment) Act, 2020. "Dhara" means "Section" in Hindi. Section 35 of The Companies (Amendment) Act, 2020 (TCAA) governs amendment of section 172. As verified on 19 May 2026.

Q: How to cite Section 35 of The Companies (Amendment) Act, 2020?

Cite as: "Section 35, The Companies (Amendment) Act, 2020 (TCAA)" in legal briefs. For academic writing, use the BlueBook format: The Companies (Amendment) Act, 2020, § 35 (India).

Law on Tips Editorial Board

For section 172 of the principal Act, the following section shall be substituted, namely:—

"172. If a company is in default in complying with any of the provisions of this Chapter and for which no specific penalty or punishment is provided therein, the company and every officer of the company who is in default shall be liable to a penalty of fifty thousand rupees, and in case of continuing failure, with a further penalty of five hundred rupees for each day during which such failure continues, subject to a maximum of three lakh rupees in case of a company and one lakh rupees in case of an officer who is in default.".