Constitution of the Company Law Committee

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.... A Committee to review the offences under the Companies Act, 2013 was constituted vide order No. 2/1/ 2018-CL-V dated 13.07.2018. The report of the Committee was submitted to the Hon'ble Corporate Affairs Minister on 27.08.2018. The report, inter alia, made recommendations for re-categorizing of certain offences into 'civil wrongs', de-clogging the NCLT and also touched upon certain....

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....; Accordingly, the Government hereby constitutes the Company Law Committee consisting of the following members:- S. No. Name of Person/ Institution - Position 1. Secretary, MCA - Chairman 2. Shri T. K. Viswanathan, Ex- Secretary General, Lok Sabha - Member 3. Shri Uday Kotak, MD, Kotak Mahindra Bank - Member 4. Shri Shardul S Shroff, Executive ....

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.... reference of the Committee would be as follows:- i. Analyze the nature of the offences (compoundable and non-compoundable) and submit its recommendation as to whether any of the offences could be re-categorized as 'civil wrongs' along with measures to optimize the compliance requirements under the Companies Act, 2013 and concomitant measures to provide further Ease of Doing Busin....

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.... the corporate stakeholders, including but not restricted to review of Forms under the two Acts;  vii. Any other relevant recommendation as it may deem necessary. 5.  The Chairperson of the Committee may also invite or co-opt any other practitioners, experts (subject specific) who have knowledge or experience in the field of corporate law and representatives from other Minist....