FM Nirmala Sitharaman : Decriminalise Companies Act violations involving minor defaults

Finance Minister Nirmala Sitharaman, while announcing the fifth and the final tranche of the economic stimulus package on Sunday, said that the government will soon move an ordinance to decriminalise Companies Act violations involving minor technical and procedural defaults. The government has decided to drop seven compoundable offences while five will be dealt with under […]

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FM on PMC Scam: Government will bring legislation

Finance Minister Nirmala Sitharaman says, the Government will try to bring in resolutions in the upcoming Winter Session of the Parliament to avoid cases like PMC Bank scam; Speaking to media after meeting victims of PMC bank scam in Mumbai, the Minister says, she will talk to RBI governor about allowing PMC customers to withdraw […]

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