Section 43: Amendment of section 242

Q: What does Section 43 of The Companies (Amendment) Act, 2020 (TCAA) deal with?

Section 43 TCAA pertains to "Amendment of section 242". It is part of the The Companies (Amendment) Act, 2020, a legislation enacted by the Parliament of India. Section 43 of The Companies (Amendment) Act, 2020 (TCAA) governs amendment of section 242. As verified on 19 May 2026.

Q: Is Section 43 TCAA still in force?

Yes, Section 43 of the The Companies (Amendment) Act, 2020 is currently in force across the Republic of India.

Q: What is धारा 43 TCAA?

धारा 43 TCAA is the Devanagari Hindi reference for Section 43 of the The Companies (Amendment) Act, 2020. Section 43 of The Companies (Amendment) Act, 2020 (TCAA) governs amendment of section 242. As verified on 19 May 2026.

Q: What is Dhara 43 TCAA?

Dhara 43 TCAA is the Roman Hindi reference for Section 43 of the The Companies (Amendment) Act, 2020. "Dhara" means "Section" in Hindi. Section 43 of The Companies (Amendment) Act, 2020 (TCAA) governs amendment of section 242. As verified on 19 May 2026.

Q: How to cite Section 43 of The Companies (Amendment) Act, 2020?

Cite as: "Section 43, The Companies (Amendment) Act, 2020 (TCAA)" in legal briefs. For academic writing, use the BlueBook format: The Companies (Amendment) Act, 2020, § 43 (India).

Law on Tips Editorial Board

In section 242 of the principal Act, in sub-section (8),—

(a) the words "with imprisonment for a term which may extend to six months or " shall be omitted;

(b) for the words "one lakh rupees, or with both ", the words "one lakh rupees " shall be substituted.