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DECRIMINALISATION OF CORPORATE LAWS
'Reform or risk?' Jan Vishwas bill 2.0 triggers political face-off in Lok SabhaLok Sabha witnessed a debate on the Jan Vishwas bill. The ruling BJP highlighted its role in decriminalising minor offences for ease of bus...
Implementation key to any success of changes in corporate, LLP laws: ExpertsIndia is updating its company and LLP laws. The changes aim to make doing business easier. New rules will allow more flexibility in share b...
Government introduces bill to amend companies, LLP laws; proposes changes in CSR normsThe government has proposed significant amendments to company and LLP laws to boost ease of doing business. Key changes include decriminali...
Govt introduces Jan Vishwas Bill 2.0 in LS, proposes to decriminalise 288 provisionsThe government introduced the Jan Vishwas (Amendment of Provisions) Bill 2025 in Lok Sabha, aiming to decriminalize 288 minor offences acro...
Reducing compliance burden: Govt looking at provisions of metrology and explosives rules"We are working on the Jan Viswas Bill 2.0. A working group of different ministries has been set up. We have formed smaller groups for indi...
Centre looking at decriminalising some IBC offencesIn a discussion paper floated last week, the ministry of corporate affairs proposed to empower National Company Law Tribunals (NCLTs) and D...
Decriminalisation of minor offences welcome step, say legal expertsIn June 2020, the Finance Ministry had proposed to decriminalise a host of minor offences, including those relating to cheque bounce and re...
Measures to reduce compliance burden have multiplier effect on ease of doing biz: GoyalIn the last seven years, several such measures have been taken due to which there is an improvement in competitiveness, innovation, and eas...
MCA initiates decriminalisation of LLP ActThe government will decriminalise 12 compoundable offences under the Act and will omit section 73, which relates to penal provisions in cas...
Amendments to companies law get President's assent; aims to promote ease of doing businessThere will be changes by way of 65 clauses, including amendments to 61 sections of the Companies Act, 2013. Besides, a new chapter related ...
Parliament passes bill to amend companies law; various offences decriminalisedThe Companies (Amendment) Bill, 2020 was passed by a voice vote in Rajya Sabha, amid several opposition MPs boycotting the proceedings of t...
GST laws review: Focus on decriminalising offences and wider use of compounding provisionsThe government is evaluating removal of clauses in the law that provide officers powers to arrest taxpayers suspected of evasion.
Government plans to decriminalise compoundable offences under LLP ActIn a public draft on Friday, the MCA listed 20 sections of the LLP Act, ranging from registration or change of designated partners to maint...
Some financial offences like bouncing of cheques may be decriminalised“Criminalising procedural lapses and minor non-compliances increases burden on businesses and it is essential that one should re-look at pr...
Govt eyes ordinance route for Companies Act amendmentsThe government is considering a fresh ordinance to amend the Companies Act to decriminalise several offences, apart from allowing Indian co...
Government approves more amendments to companies lawAs many as 72 changes to the Companies Act 2013 have been approved by the Cabinet. Briefing reporters, Corporate Affairs Minister Nirmala S...
Government has proposed amendments to companies law, says Finance Minister in Budget speechThe corporate affairs ministry, which is also helmed by Sitharaman, would be seeking amendments to the Companies Act, 2013, to decriminalis...