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National News

Jul 15, 2018
12:37PM

Ministry of Corporate Affairs constitutes 10 Member Committee to review Companies Act 2013

Ministry of Corporate Affairs has constituted a 10 Member Committee to review the Companies Act 2013. According to an official release, certain offences of the act may require to be decriminalised. The release said that this will also allow the trial courts to pay more attention on offences of serious nature. The committee headed by the Corporate Affairs Secretary is also expected to take necessary steps in formulation of draft changes in the law.

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