Companies (Amendment) Bill, 2020 passed

Lok Sabha has passed the Companies (Amendment) Bill, 2020, which decriminalizes a number of technical and filing-related corporate offences.
It allows direct listing of Indian companies on foreign stock exchanges.
It revokes the criminal provisions added to the Companies Act for violations of provisions of corporate social responsibility rules.
48 sections of the Companies Act, 2013 will be amended to decriminalize various offences.
However, there will be no relaxation for serious offences, including fraud, deceit and those that cause injury to the public.
17 provisions in the Companies Act, 2013, have also been amended which paves way for easy and user-friendly fulfilment of statutory compliances.