SC: Hindu Daughter-In-Law Widowed After Her Father-In-Law’s Death is Entitled to Maintenance || SC: Vendor Remains a Necessary Party in Specific Performance Suits Even After Transferring Property || Raj HC: Having Different Age Criteria For Contractual and Regular Appointments is Unconstitutional || Delhi HC: Registered Property Title Prevails over Claims Based on Oral Family Settlements || Gauhati HC: Only A Family Court Can Grant A Divorce under Muslim Law, Not A Civil Judge || Del HC: Courts Cannot Compel Lawyers to Disclose Sources of Documents Filed on Clients' Instructions || SC Explains When Shares Received After Company Amalgamation are Taxable as Business Income || SC: Excavators, Dumpers Etc Used Within Factories aren’t Motor Vehicles For Road Tax Purposes || SC: Complaints Alleging Fraud under Companies Act Can Be Filed Only By SFIO, Not By Private Parties || SC: Preventive Detention Cannot Override Bail and Requires Proof of a Threat to Public Order

Report of the Companies Law Committee- (Ministry of Corporate Affairs) (01 Feb 2016)

MANU/PIBU/0133/2016

Company

The Companies Law Committee has released its Report on the issues arising out of implementation of the Companies Act, 2013. The Committee has proposed changes in 78 sections of the Companies Act, 2013, which would result in about 100 amendments to the Act. Some of the changes include approval of managerial remuneration by shareholders, simplification of the private placement process and an easier process of incorporation. Comments on the report are being received by the Ministry of Corporate Affairs till 15 February, 2016.

Tags : COMPANIES ACT REPORT 2016

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