New Delhi: Lok Sabha on Saturday passed a bill to further amend the Companies Act and decriminalise various compoundable offences and promote ease of doing business.
The Companies (Amendment) Bill, 2020 -- which seeks to decriminalise various penal provisions and introduce a new chapter related to producer organisations in the legislation -- was passed by the Lower House.
Speaking on the bill, Finance and Corporate Affairs Minister Nirmala Sitharaman said decriminalisation of various provisions under the companies law will also help small companies by reducing litigation burden on them.
Around 48 sections of the Companies Act, 2013 will be amended to decriminalise various offences.
Sitharaman said there are currently around 124 penal provisions compared to 134 in 2013 under the Companies Act.
Stressing that there will be no relaxation for serious offences, including fraud and those that cause "injury to public interest or deceit", the minister said the number of "non-compoundable" offences under the Act remains the same at 35.
Generally, compoundable offences are those which can be settled by paying certain amount of money.
There will also be a new chapter on producer organisation, the minister said, adding that it will be particularly helpful for farmer producer organisations.
For promoting "ease of doing business," the minister said that 17 provisions will be amended.
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New Delhi: A photo circulating on various social media platforms purportedly showing Delhi Chief Minister Arvind Kejriwal with wet pants has sparked speculation about its authenticity, with claims suggesting it was taken at his residence following his recent arrest by the Enforcement Directorate.
To verify the accuracy of this claim, an investigation was conducted, including a reverse image search on the photo.
The results of the investigation revealed that the original image dates back to June 2022 and depicts Kejriwal participating in the Tiranga Yatra in Ahmedabad, Gujarat. Several news reports corroborated this, confirming the context and timing of the photograph.
It is evident that the viral photo, depicting Kejriwal with wet pants, has been digitally altered from the original image captured in June 2022. Therefore, it can be concluded that the circulating image does not depict a recent event involving Kejriwal's arrest but is rather a manipulated version of an older photograph.
In summary, the photo circulating on social media, allegedly showing Arvind Kejriwal with wet pants, is a digitally altered representation of an older image taken during a different occasion.