Decriminalization of offences under Companies Act, 2013 By Anand Gupta TaxGuru

Decriminalization of offences under Companies Act, 2013 Over the years, for violations under the Companies Act, 2013 the government had been filing criminal cases as per the provisions of the Act. Out of more than 40,000 cases filed under the Companies Act, 1956 and Companies Act, 2013, almost 39,000 cases (more than 97 per cent) did not involve lapses of serious nature.

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