Photo of Manisha Kumar

Partner in the General Corporate Practice at the Mumbai office of Cyril Amarchand Mangaldas. Manisha specialises in cross border private equity investments and mergers & acquisitions, across diverse sectors. She also advises on art law.

Manisha is a ‘recommended lawyer’ by clients, as featured in London based RSG Consulting’s India Report for 2015. She can be reached at manisha.kumar@cyrilshroff.com

 Decriminalising Companies Act Offences

Via the Companies (Amendment) Act, 2019, recommendations of the Committee to Review Offences under the Companies Act, 2013 (Committee) to re-categorise 16 out of 81 compoundable offences under the Companies Act, 2013 (Act) as civil liabilities were accepted. In a move to further relax the provisions, the Government has constituted a Company Law Committee to review aspects of criminalization in the remaining compoundable and non-compoundable offences under the Act.[1]
Continue Reading Decriminalising Companies Act Offences – Striking a Balance Between Ease of Doing Business and Corporate Governance