Decriminalise 46 more offences under companies law; lower monetary penalties for startups violations, says panel report
The Company Law Committee, chaired by Corporate Affairs Secretary Injeti Srinivas, has also recommended providing power to enhance thresholds for the applicability of CSR requirements under the Companies Act, 2013
Suggesting substantial changes to competition regulatory framework, a government-constituted high-level panel has recommended a green channel for automatic approval of certain combinations, including those under the insolvency law, by the Competition Commission
CSR no more an act of magnanimity; no intention to criminalise any default: Corporate Affairs Secretary Injeti Srinivas
As per data available with the ministry from disclosures made by companies, more than Rs 52,000 crore has been spent from 2014-15 to 2017-18 period towards CSR activities
IL&FS crisis: Multiple options explored, selling the firm as going concern best-case scenario, says Injeti Srinivas
The government has seized control of IL&FS and ordered an inquiry by the Serious Fraud Investigation Office.