In order to assuage regulatory framework and ease of doing business, the companies (Amendment) Bill, 2018 has been introduced in Lok Sabha which seeks to amend the Companies Act, 2013. The Bill shall replace the Companies (Amendment) Ordinance, 2018 which was promulgated by the legislature on November 02, 2018. Moreover, the bill provides to amend various section related to charges, incorporation, penalty provisions and different financial years.
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