https://www.taxtmi.com/caselaws?id=438129 The court concluded that the Companies Amendment Act 2020, reducing the punishment for violations under Section 165(6) of the Companies Act, should apply to pending prosecutions. The case was transferred to the adjudicating authority under Section 454 for further proceedings, emphasizing the legislative intent to promote ease of doing business and corporate compliance. The Criminal Original Petition was disposed of, and the complaint was transferred to the adjudicating authority under the Companies Act. en-us Mon, 12 Dec 2022 00:00:00 +0530 Wed, 24 May 2023 09:19:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438129 The court concluded that the Companies Amendment Act 2020, reducing the punishment for violations under Section 165(6) of the Companies Act, should apply to pending prosecutions. The case was transferred to the adjudicating authority under Section 454 for further proceedings, emphasizing the legislative intent to promote ease of doing business and corporate compliance. The Criminal Original Petition was disposed of, and the complaint was transferred to the adjudicating authority under the Companies Act. Case-Laws Companies Law Mon, 12 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438129