The Ministry of Corporate Affairs (MCA) has constituted a 10 Member Committee, headed by the Secretary of Ministry of Corporate Affairs Mr Injeti Srinivas, for review of the penal provisions in the Companies Act, 2013.
It has been setup to examine ‘de-criminalisation’ of certain offences. The Committee shall submit its report within thirty days to the Central Government for consideration of its recommendations.
Source- Press Information Bureau (PIB)
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- Mr Piyush Goyal is the Minister of Corporate Affairs.