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Tapan Ray panel has submit its suggestions to ministry which was constituted to look into the amendments to Companies Act, 2013. The Committee had extensive consultations with stakeholders before making its recommendations. It consulted all Industry Chambers, Professional Institutes, law firms, financial sector and other regulators. Six broad based groups were set up to review the suggestions received during the public consultation, each group being convened by a member of the Committee and consisting of subject-matter experts.
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