Tell me latest amendment of Companies Act.

Question

Accepted Answer

The latest amendment of Companies Act is the Companies (Amendment) Act, 2020.

The amendment was passed by the Indian Parliament in September 2020.
It aims to decriminalize minor procedural or technical lapses under the Companies Act, 2013.
It also introduces new provisions related to corporate social responsibility, producer companies, and the National Company Law Appellate Tribunal.
The amendment also allows companies to list their securities directly in foreign jurisdictions.
It also introduces a new concept of 'debenture trustees' and provides for their registration and obligations.