The Bill decriminalises minor offences by converting them into civil penalties, reducing fear of prosecution for procedural lapses. This approach encourages compliance while maintaining deterrence through financial penalties.
In India, miscellany bodies act as an expeditious and advantageous alternative to courts of law, with additions to the list being the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT). As the two tribunals have been recently established with an aim to regulate and resolve disputes between civil corporations, there is […]