MCA extends the tenure of Company Law Committee by 1 year; Head- Rajesh Verma
- The Ministry of Corporate Affairs (MCA) has once again extended the tenure of the Company Law Committee by one year until September 16, 2022. Corporate affairs secretary Rajesh Verma is the present chairperson of the committee.
- The committee was constituted in 2019, and has a total of 11 members. It was set up to:
- suggest measures to improve functioning of the National Company Law Tribunal (NCLT),
- make recommendations on issues pertaining to implementation of the Companies Act and Limited Liability Partnership Act.
- The tenure of the panel was extended in 2020 also, till September 17, 2021..
Points To Remember:
- Company Law Committee has been formed by which ministry?
- Company Law Committee was formed in which year?
- Tenure of the Company Law Committee has been extended upto?
- Head of the Company Law Committee
- Total members in Company Law Committee?
Source: Economic Times