Inactive company compliance framework is tightened through mandatory action and expanded explanation of non-business receipts and payments. Section 455 is amended to make the action by an inactive company mandatory under sub-section (1) and to revise the Explanation by replacing 'financial statements and' with 'financial statements or' and 'last' with 'preceding'. The Explanation is further restructured by omitting 'and' in one clause, changing 'record.' to 'record; and', and inserting a new category covering receipt or payment not relatable to the business or operations of the company.