Decriminalization of Certain Compoundable offences under Companies Act, 2013: A Welcome Step
Introduction Before the introduction of LPG policy (Liberalization, Globalization, and Privatization) the corporate sector of India was being punished through a series of rigorous regime of penalties, fines and punishments for the non-compliance and non-adherence of laws as set up by the Company Act of 1953. The Company Law regime of India has been evolved…