The Ministry of Corporate Affairs had, on 4th June, 2015,
constituted a Companies Law Committee (CLC) to make
recommendations on issues arising from the implementation of the
Companies Act, 2013 and on the recommendations received from
the Bankruptcy Law Reforms Committee, the High Level Committee
on CSR, the Law Commission and other agencies.
The CLC has submitted its Report to the Government on 1st
February, 2016 which has been placed on the website of the
Ministry of Corporate Affairs (MCA).
The report is available at the following link
http://www.mca.gov.in/Ministry/pdf/Report_Companies_Law _Committee_01022016.pdf
It has been decided to invite comments/suggestions on the
said Report from all the stakeholders through an online facility
made available on the MCA website upto 15th February, 2016. It is
requested that comments/suggestions on the Report may be
provided through such facility by 15th February, 2016.
Comments/suggestions should be with specific reference to
one or more paragraphs of the Report of the CLC and should be
submitted through the online facility only. Suggestions not related
to the paragraphs will not be taken on record. In order to avoid
repetition/duplication of comments/suggestions, the members/
patrons of the Professional Institutes/ Councils/ Industry
Chambers should route their comments/ suggestions through
respective Institute/Council/Chamber.
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