Decriminalisation in Companies Act a move in the right direction? Explained
As government revisits all economic laws, decriminalisation experts have called for a calibrated approach to ensure we don't end with toothless legislations and maintain the standards
Indian Law | Companies Act | companies law
Amid all the doom and gloom of pandemic, companies have a reason to cheer with government deciding to decriminalise 48 sections of the Companies Act. The move is expected to boost investor confidence, ease of doing business and de-clog the courts. However, as government revisits all economic laws, decriminalisation experts have called for a calibrated approach to ensure we don't end with toothless legislations and maintain the standards of corporate governance and accountability.
Track Title by Scott Buckley – www.scottbuckley.com.au
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First Published: Mon, October 12 2020. 15:19 IST