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    <title>Companies (Amendment) Ordinance, 2018 - President gives assent to promulgation of the Companies Amendment (Ordinance), 2018</title>
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    <description>The Companies (Amendment) Ordinance, 2018 shifts sixteen corporate offences from special courts to an expanded in house adjudication regime (increasing covered sections from 18 to 34), mandates online publication of orders, requires concomitant orders to make good defaults when levying penalties, halves penalties for small and one person companies, introduces higher penalties for repeated defaults, reintroduces a declaration of commencement of business, empowers physical verification of registered offices and removal for non operation, raises Regional Director pecuniary jurisdiction to Rs. 25 lakh, and vests the Central Government with approval powers over financial year alteration and conversion of public to private companies.</description>
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