Ms Ankita Mehra

Ankita Mehra

Updates

Corporate & Commercial

Decriminalisation of offences under Companies Act: need of the hour
India | 31 August 2020

India's company law regime has evolved over the years and become stricter and more penal in nature. There has been a paradigm shift in the legislature's viewpoint with regard to the Companies Act's stringency. There has also been a recent trend to promote foreign investment in India. Accordingly, the legislature has adopted measures in order to decriminalise – or at least liberalise – India's company law regime.