2017 Amendment to Companies Act 2013: Simplifies Private Placement, Redefines Subsidiary, Boosts Director Accountability, Investor Protection.

The 2017 Amendment to the Companies Act 2013 introduced significant changes, including simplifying the process for private placement of securities, redefining the criteria for what constitutes a subsidiary company, enhancing the accountability of company directors, and strengthening measures for investor protection. These amendments aim to streamline corporate governance and improve regulatory compliance within companies. .....

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