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Relaxation in Companies Act

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....elaxation in Companies Act <br>News and Press Release<br>Dated:- 15-7-2014<br><BR>Section 462 of the Companies Act 2013 envisages relaxations in the form of not applying some provisions of the Act or ....

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....applying them with exceptions or modifications to specific class/classes of companies. Before grant of such relaxation, draft notifications have to be laid before each House of Parliament. Preparation....

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.... of such notification is under active consideration. This was stated by Smt. Nirmala Sitharaman, MoS in the Ministry of Corporate Affairs in written reply to a question in the Rajya Sabha today.<BR> ....

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....News - Press release - PIB....