companies amendment bill

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..