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The Economic Times
The Economic Times
National

Par panel makes various recommendations on corporate laws amendment bill

IFSC SC Lok Sabha NFRA

New Delhi: A Parliamentary panel, which reviewed the proposed amendments to corporate laws, on Monday made various recommendations, including having a fixed penalty of Rs 50,000 for certain non-compliances and permitting in-kind CSR contributions for small companies.

Besides, the Joint Committee on the Corporate Laws (Amendment) Bill, 2026, has suggested that exemption from mandatory statutory audit be allowed only for small businesses and not for public companies.

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