https://www.taxtmi.com/article/detailed?id=9053 The Companies (Amendment) Bill, 2020 removes imprisonment for numerous officer in default offences and replaces or restructures sanctions across statutory filing, audit, director conduct, related party, valuation, liquidation and merger provisions by imposing specified monetary penalties and continuing failure daily fines, while introducing caps and scaled relief (halved penalties with caps) for One Person Companies, small companies, start ups and Producer Companies. en-us Thu, 09 Apr 2020 10:32:42 +0530 Thu, 09 Apr 2020 10:32:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9053 The Companies (Amendment) Bill, 2020 removes imprisonment for numerous officer in default offences and replaces or restructures sanctions across statutory filing, audit, director conduct, related party, valuation, liquidation and merger provisions by imposing specified monetary penalties and continuing failure daily fines, while introducing caps and scaled relief (halved penalties with caps) for One Person Companies, small companies, start ups and Producer Companies. Articles Corporate Laws / IBC / SEBI Thu, 09 Apr 2020 10:32:42 +0530 https://www.taxtmi.com/article/detailed?id=9053