In-house adjudication proposed to reclassify technical corporate offences, shifting specified compoundable breaches to Registrar-led e-adjudication.
The committee proposes an in-house adjudication and e-adjudication framework transferring specified procedural and technical breaches, including a subset of compoundable offences, from Special Courts to the Registrar of Companies as authorized adjudicating officer, with penalties administered via an online platform and e-publication of orders, while preserving Special Courts jurisdiction for serious and non-compoundable offences and maintaining cross-cutting fraud liability. (AI Summary)

Simplified GST returns: modular single-return system with invoice upload and automated credit calculation to ease compliance.
The proposals replace existing GST returns with simplified GST forms and a modular single-return system permitting business-specific modules, reducing filing frequency to a single monthly return for most taxpayers with quarterly options for certain categories. Sellers may upload invoices in a unidirectional manner, enabling automated invoice-wise tax liability calculation and continuous buyer visibility; automatic reversal of input tax credit is prohibited, with online recovery, blocking of defaulting suppliers, and staged transition from legacy returns to full deployment of the new forms. (AI Summary)

One Person Company incorporation procedure: SPICe centralises name reservation, DIN allotment and mandatory digital-signature filings.
The operative mechanism is the SPICe route via Form INC-32, which serves as a single application for name reservation, incorporation and DIN allotment, supported by electronic MoA and AoA and prescribed ancillary forms. Filers must use Digital Signatures, propose only one name in SPICe, and furnish registered office verification to the Registrar within thirty days; One Person Companies must file nominee details and consent at incorporation and entrenchment provisions must be notified at or after incorporation as prescribed. (AI Summary)