<h1>Company Law Committee Recommends Amendments to Decriminalize Offences in Companies Act 2013 for Better Business Ease.</h1> The Company Law Committee, established by the Ministry of Corporate Affairs, has submitted a report recommending amendments to the Companies Act, 2013, aimed at decriminalizing certain offences to enhance ease of doing business. The recommendations include re-categorizing 23 compoundable offences for in-house adjudication with penalties, omitting 7 offences, limiting punishment for 11 offences to fines, and addressing 5 offences through alternative frameworks. The report also suggests reducing penalties for specific provisions. Non-compoundable offences will retain their current status. These measures are part of broader efforts to improve corporate compliance and the business environment in India.