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"MCA kicks off online Adjudication of penalties, introduces Compliance Monitoring System"

November 6, 2019[2019] 111 43 (Article)
The Government had formed a Committee to review offences under the Companies Act, 2013. The Committee made recommendations to the Government inter alia on re-categorisation of certain ‘acts’ punishable as compoundable offences to ‘acts’ carrying civil liabilities, improvements to be made in the in-house adjudication mechanism, etc.
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