Parliament cleared the “Decriminalize Minor Procedural Offences/Technical Lapses Under Companies Act 2013” Bill

The Companies (Amendment) Bill, 2020 is passed by Lok Sabha to “Decriminalize Minor Procedural Offences/ Technical Lapses Under Companies Act 2013” into civil wrong, with an intent to boost assuage of performing business in India. It suggested amending of 64 provisions plus 75 changes overall in the Act.

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