Sunday, May 17, 2020

Govt. to decriminalise Minor Technical and Procedural Defaults under the Companies Act

The Central Government to decriminalise the violations involving minor technical and procedural defaults (shortcomings in CSR reporting, inadequacies in board report, filing defaults, delay in holding AGM) under the Companies Act. In a press conference held on Sunday, the Minister for Finance and Corporate Affairs said that, Majority of the compoundable offenses sections to be […]

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