ARTICLE · 10 DECEMBER 2018

Companies Act, 2013: More Changes In The Offing

Cyril Amarchand Mangaldas

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Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas is India’s largest full-service law firm, with over 1000 lawyers,...

Recently, based on the recommendations of the Committee to Review Offences under the Companies Act, 2013 (Committee), the Companies (Amendment) Ordinance, 2018 (Ordinance) was passed on November 2, 2018.

IndiaCorporate/Commercial Law

Bharat Vasani

Vidhi Sharma

Recently, based on the recommendations of the Committee to Review Offences under the Companies Act, 2013 (Committee), the Companies (Amendment) Ordinance, 2018 (Ordinance) was passed on November 2, 2018, to effect certain changes in the Companies Act, 2018 (CA 2013). Around the same time the Ministry of Corporate Affairs (MCA) also issued a notice, seeking comments/suggestions from stakeholders on additional amendments of an "urgent nature" that are required to strengthen the corporate governance and enforcement framework (Notice). This article discusses some of the key amendments proposed in the Notice, which would have far reaching impact if approved in their current form.

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Companies Act, 2013: More Changes In The Offing

Significant Beneficial Ownership

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