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Relaxation Under Section 42 of Companies Act

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....elaxation Under Section 42 of Companies Act <br>News and Press Release<br>Dated:- 15-3-2016<br><BR>Press Information Bureau Government of India Ministry of Corporate Affairs 15-March-2016 18:00 IST....

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.... Companies Law Committee (CLC) constituted by Government to look into issues arising out of implementation of Companies Act, 2013 has in its report made recommendations to ease private placement proc....

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....edures laid down under Section 42 of the Companies Act, 2013. Simplified procedures are recommended for all private placements irrespective of the type of company. The CLC had extensive consultations ....

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....with stakeholders before giving its recommendations. The recommendations of the CLC have been accepted by the Government. This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in writte....

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....n reply to a question in the Rajya Sabha today. ***** DSM/KA<BR> News - Press release - PIB....