Constitution of the Company Law Committee

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..... inter alia, made recommendations for re-categorizing of certain offences into 'civil wrongs', de-clogging the NCLT and also touched upon certain essential elements of corporate governance. On the basis of recommendations made by such Committee and passage of the Companies (Amendment) Act, 2019 , relevant changes have been made to the Companies Act, 2013 . 2. In line with the Government's objective of promoting Ease of Living in the country by providing Ease of Doing Business to law abiding corporates, fostering improved corporate compliance for stakeholders at large and also to address emerging issues having impact on the working of corporates in the country, it has been decided to constitute a Company Law Commi .....

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..... ZB Partners, Advocates Solicitors - Member 8. Shri G. Ramaswam y , Partner, G . Ramaswamy Co. Chartered Accountants , Coimbatore - Member 9. Shri Sidharth Birla, Chairman , Xpro India Limited - Member 10. Ms. Preeti Malhotra, Group President, Corporate Affairs Governance, Smart Group - Member 11. Joint Secretary (Policy) -Memb .....

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..... 5. The Chairperson of the Committee may also invite or co-opt any other practitioners, experts (subject specific) who have knowledge or experience in the field of corporate law and representatives from other Ministries or regulators. The Committee may also consult other stakeholders as part of its deliberations. M/s Vidhi Centre for Legal Policy, which is a not-for-profit organization, shall provide legal research assistance to the Committee. 6. The non-official members of the Committee shall be eligible for travelling, conveyance and other allowances as per extant government instructions, as may be decided by Chairperson of the Committee. 7. The Committee shall submit its recommendations in phases and subject- .....

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