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Cabinet approves re-promulgation of ordinance to improve ease of doing business

Press Trust of India  |  New Delhi 

The Thursday approved re-issuance of an to improve ease of doing business, declog the NCLT and prescribe strong action against non-compliant companies.

A bill to replace an earlier ordnance was passed by the Lok Sabha in the Winter Session and is pending in the Rajya Sabha.

The was brought with a view to declog special courts and the (NCLT).

It will also reduce the burden on NCLT and special courts and improve ease of doing business in the country.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, January 10 2019. 22:25 IST