<h1>Proposed Amendments to Companies Act, 2013: Changes to Incorporation, Share Capital, Governance, and More.</h1> The Companies Law Committee has proposed several amendments to the Companies Act, 2013, covering various aspects such as company incorporation, share capital, debentures, management, and administration. Key changes include redefining terms like 'associate company' and 'debenture,' revising financial year provisions for companies with foreign associates, and modifying rules on private placements and prospectuses. The amendments also suggest easing restrictions on loans to directors, adjusting penalties, and enhancing corporate governance through changes in audit and board meeting regulations. Additionally, the proposals aim to streamline processes for company registration, financial reporting, and compliance with corporate social responsibility mandates.