Business

Corporate offenders will not face imprisonment for procedural, technical or minor offences

So far, 48 sections of the Act have been decriminalised and 23 of the remaining 66 compoundable offences can be dealt with by an in-house adjudicating mechanism. Total penal provisions under the Act have been brought down to 124 from 134 earlier. Fines for various offences have also been brought down in the latest set of changes.

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