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of <h1>India Forms Committee to Review Offences Under Companies Act 2013: Focus on Penalties, Adjudication, Re-categorization.</h1> The Government of India has established a Committee to review offences under the Companies Act, 2013. The Committee is chaired by the Secretary of the Ministry of Corporate Affairs and includes various legal and corporate experts as members. It is tasked with examining compoundable and non-compoundable offences, suggesting re-categorizations, improving penalty mechanisms, and developing an in-house adjudicatory system. The Committee may invite subject matter experts and will receive secretarial support from the Ministry of Corporate Affairs. Recommendations are expected within thirty days of the first meeting, and non-official members will receive allowances as per government guidelines.
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