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<h1>Proposed Changes to Companies Act 2013: Simplify Prospectus, Revise Liability, Streamline Private Placement, Enhance Flexibility in Capital Raising.</h1> The proposed amendments to the Companies Act, 2013, focus on simplifying the prospectus content and revising liability provisions. The Committee suggests empowering SEBI to streamline prospectus disclosures and recommends holding experts accountable for misleading statements. It also addresses private placement issues, proposing the removal of the Private Placement Offer Letter requirement and allowing simultaneous securities offerings. The amendments aim to enhance flexibility in raising capital while ensuring transparency and accountability. The Committee also suggests changes to the valuation process for convertible securities and highlights the need for regulated renunciation rights to prevent misuse in preferential allotments.