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Modi govt approves 43 amendments to companies law

Updated : July 18, 2019 09:15 AM IST

A key change pertains to Corporate Social Responsibility (CSR) norms, wherein companies would be allowed to keep unspent money in another account.
A bill would be introduced in Parliament to carry out the 43 amendments to the Companies Act, 2013.
Section 135 would be amended to provide for a specific penal provision in case of non-compliance.
Modi govt approves 43 amendments to companies law
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