PIBCOMP19004 - Taxpublishers.in

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The Tax Publishers Order Order F.No. 2/1/2018-CL-V, dt. 18-9-2019 Constitution of the Company Law Committee A Committee to review the offences under the Companies Act, 2013 was constituted vide order No. 2/1/2018-CL-V dt. 13.07.2018. The report of the Committee was submitted to the Hon'ble Corporate Affairs Minister on 27.08.2018. The report, inter alia, made recommendations for re-categorizing of certain offences into 'civil wrongs', de-clogging the NCLT and also touched upon certain essential elements of corporate governance. On the basis of recommendations made by such Committee and passage of the Companies (Amendment) Act, 2019, relevant changes have been made to the Companies Act, 2013. SUBSCRIBE FOR FULL CONTENT

The Tax Publishers

Order

Order F.No. 2/1/2018-CL-V, dt. 18-9-2019

Constitution of the Company Law Committee

A Committee to review the offences under the Companies Act, 2013 was constituted vide order No. 2/1/2018-CL-V dt. 13.07.2018. The report of the Committee was submitted to the Hon'ble Corporate Affairs Minister on 27.08.2018. The report, inter alia, made recommendations for re-categorizing of certain offences into 'civil wrongs', de-clogging the NCLT and also touched upon certain essential elements of corporate governance. On the basis of recommendations made by such Committee and passage of the Companies (Amendment) Act, 2019, relevant changes have been made to the Companies Act, 2013.