Company Law Committee

The Company Law Committee was established in 2019 by the Central Government to scrutinize and recommend various aspects pertaining to the implementation of the Companies Act, 2013 and the Limited Liability Partnership Act, 2008. The 11-member committee was set up to boost ease of business and foster improved corporate compliance of all stakeholders.
The Corporate Affairs Ministry had recently increased the tenure of the committee until September 16, 2022. It was earlier extended by the Centre until September 17 this year. During the past one year, the CLC had taken efforts towards the decriminalizing the Companies Act, 2013 to boost ease of doing business.

Current Affairs