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The Ministry of Corporate Affairs (MCA) has extended the tenure of the Company Law Committee (CLC) by another one year till September 16, 2024. The CLC was set up in September 2019 to examine and recommend on various provisions and issues pertaining to the implementation of the Companies Act, 2013 a
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FAQ :
The CLC is an 11-member committee set up by the Ministry of Corporate Affairs to examine and recommend on various provisions and issues related to the Companies Act, 2013, and the LLP Act, 2008.
The CLC is chaired by Rajesh Verma, the Corporate Affairs Secretary.
The CLC was originally set up in September 2019.
The CLC's tenure has been extended by one year.
The CLC works on issues such as simplifying the Companies Act, 2013, introducing a single window clearance system for businesses, and promoting corporate social responsibility.
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