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companies amendment bill

All about Companies Amendment Bill 2020

Brief bullet points on Companies (Amendment) Bill, 2020, As introduced in Lok Sabha on 17th March 2020   This is 4th amendment after 2015,2017 & 2019. 66 sections has been proposed to be Amended. Out of 66 amendments, 45 amendments are for Di-criminalization of penalty provisions as companies act is a civil law . Some penalty has been removed, Many places Imprisonment has been replaced with penalty, some areas the penalty /fine has been reduced. A new section 129A  h..

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