https://www.taxtmi.com/news?id=13633 The Companies (Amendment) Bill, 2014 amends the Companies Act, 2013 by removing minimum paid-up capital requirements, making the common seal optional with alternative authorisation for documents, creating a new penal section for contraventions relating to deposits, restricting public inspection of Board resolutions, requiring write-off of past losses/depreciation before declaring dividends, clarifying IEPF transfer rules, enabling tiered fraud reporting by auditors, empowering Audit Committees to give omnibus related-party approvals, relaxing shareholder approval for certain related-party transactions, and confining bail restrictions and Special Court jurisdiction to more serious offences. en-us Wed, 03 Dec 2014 10:30:39 +0530 Wed, 11 Feb 2026 15:56:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13633 The Companies (Amendment) Bill, 2014 amends the Companies Act, 2013 by removing minimum paid-up capital requirements, making the common seal optional with alternative authorisation for documents, creating a new penal section for contraventions relating to deposits, restricting public inspection of Board resolutions, requiring write-off of past losses/depreciation before declaring dividends, clarifying IEPF transfer rules, enabling tiered fraud reporting by auditors, empowering Audit Committees to give omnibus related-party approvals, relaxing shareholder approval for certain related-party transactions, and confining bail restrictions and Special Court jurisdiction to more serious offences. News - Wed, 03 Dec 2014 10:30:39 +0530 https://www.taxtmi.com/news?id=13633