The committee will submit its recommendations on offences - both compoundable and non-compoundable - which could be recategorised as 'civil wrongs'
The Companies Act, 2013, mandated that listed firms must have one female director from April 1, 2015, with businesses given one year to comply
Efforts have been few and far between since 2014, when the section was introduced; combo of entrenched promoters and onerous curbs may have stifled a provision meant to empower such shareholders
The Corporate Affairs Ministry, which is implementing the Act, has been looking at ways to promote ease of doing business as well as ensure better compliance levels
The Corporate Affairs Ministry, which is implementing the Act, has been looking at ways to promote ease of doing business as well as ensure better compliance levels
So what have been the five years of the new company law regime like?
Decriminalising some corporate offences is a wise move
Legal experts claim retrospective application of company law provisions