Lower min age for MD, directors to 18: Parliamentary panel

A parliamentary panel suggests lowering the minimum director age to eighteen years. The committee also backs raising the maximum director age to seventy-five years. Special NCLT benches for insolvency matters are recommended for efficient asset resolution. The panel proposes retaining…

Read More

JPC backs corporate law reforms, easier startup homecoming

A joint parliamentary committee supports government plans to simplify corporate regulations and decriminalize minor offenses. The panel also recommended an easier framework for Indian startups incorporated overseas to return. Streamlining provisions for share buyback and fast-track mergers received committee backing.…

Read More