<h1>Committee Suggests 100 Amendments to Companies Act 2013 for Business Ease, Seeks Public Comments by Feb 15, 2016.</h1> The Companies Law Committee, established in June 2015, submitted its report on the Companies Act, 2013, proposing amendments to enhance clarity, ease of doing business, and harmonization of laws. The Committee recommended changes in 78 sections, resulting in about 100 amendments, and approximately 50 rule amendments. Key proposals include shareholder approval for managerial remuneration, simplified private placement processes, removal of restrictions on subsidiary layers, rationalized penal provisions, and alignment of disclosure requirements with SEBI regulations. The report is open for public comments until February 15, 2016, on the Ministry of Corporate Affairs website.