The Companies Amendment Bill

The Companies Amendment Bill was passed on 22nd September 2020 by the Rajya Sabha. The essence of these amendments is primarily directed towards ease of conducting business, simplifying compliances, repealing the redundant provisions of the Act and levying lesser penalties for companies which do not involve larger public interest....

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Companies Amendment Act- A New Beginning

Companies Amendment Act- A New Beginning – By CS Akansha Rathi   Background The Ministry of Corporate Affairs (MCA) constituted a Company Law Committee (CLC) to review sections on offences under the Companies Act, 2013 (2013 Act). The CLC contemplated on various matters in addition to review of offences...

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LLPs Governance Reforms

LLPs Governance Reforms Good Corporate Governance has been one of the cornerstones of the current government’s corporate policies and latest notification regarding the amendments to the LLP Act only puts more emphasis on it. With a view to ensure better compliance and monitoring of LLPs, the MCA has decided...

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General Meetings Through Video Conferencing (Vc)/Other Audio Video Means (Oavm) – New Normal

Following the onset of Covid 19 and the consequent nationwide Lockdown, which still continues in certain parts albeit with relaxations- the most crucial thought in the mind of professionals was how to hold physical meetings and manage the compliance deadlines. Sensing the practical difficulties being faced by the companies...

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