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of <h1>Committee Finds No Need to Amend Section 405 of Companies Act After Review of Information Furnishing Requirements.</h1> The Committee reviewed Section 405 of the Companies Act, 2013, which empowers the Central Government to direct companies to furnish information or statistics. Suggestions were made to require companies to file returns regarding credits from unsecured creditors and salaries paid to employees. However, the Committee determined that these issues had already been addressed and concluded that no amendments to the Act or Rules were necessary.
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