https://www.taxtmi.com/news?id=20265 A ten member Committee will review penal provisions under the Companies Act, 2013 to consider de criminalisation by reclassifying certain compoundable offences as civil defaults subject to penalties by an adjudicating officer, and to assess whether some non compoundable offences can be made compoundable; it will also propose an MCA21 driven in house adjudicatory mechanism, improvements to penalty levy, draft law changes, and report recommendations to the Central Government. en-us Mon, 16 Jul 2018 09:40:43 +0530 Mon, 16 Jul 2018 09:40:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20265 A ten member Committee will review penal provisions under the Companies Act, 2013 to consider de criminalisation by reclassifying certain compoundable offences as civil defaults subject to penalties by an adjudicating officer, and to assess whether some non compoundable offences can be made compoundable; it will also propose an MCA21 driven in house adjudicatory mechanism, improvements to penalty levy, draft law changes, and report recommendations to the Central Government. News - Mon, 16 Jul 2018 09:40:43 +0530 https://www.taxtmi.com/news?id=20265