‘The Ministry of Corporate Affairs (MCA) extends Company Law Committee (CLC) by one more year (up to 16th September 2023).The tenure has already been extended twice in September 2020, and September 2021 which was originally constituted on sth September 2019.
The Government had set up the 11-member CLC for the tenure under the Chairmanship of the MCA.At present,11-member CLC is chaired by corporate affairs secretary Tarun Bajaj.
- CLC recommends various changes which pertain to the issues of the implementation of the Companies Act, 2013 and the Limited Liability Partnership (LLP) Act 2008.
- The National Company Law Tribunal (NCLT) will hear the cases related to the company.
- The Companies Act, 2013 has 29 chapters divided into 470 sections in which different parties (related to the company) can attract penalties, fines, prison, or some serious actions, according to the offence made by an individual.
- LLP Act 2008, benefits the limited partnership.
Congress MPs including its president Mallikarjun Kharge and former chief Sonia Gandhi paid tribute to the architect of the Indian Constitution on his 66th death anniversary on Tuesday. The day, also called the 'Mahaparinirvan Diwas',...
Madhya Pradesh Professional Examination Board has released MPPEB Group 5 Answer Key 2022. Candidates who have appeared for Group 5 (Paramedical and Nursing Group) Combined Recruitment Test 2022 can check the answer key through the official site of MPPEB at...
Prime Minister Narendra Modi on Tuesday paid tributes to B R Ambedkar, the architect of India's Constitution, on his death anniversary and said his struggles gave hope to millions. He along with President Droupadi Murmu and Vice President...