Trusting Citizens: Decriminalisation Way
- Under this Act, amendments in the Company Law along with new laws governing Goods and Services Tax and insolvency and bankruptcy have been implemented.
- Establishment of Senior Citizens Welfare Fund, Encouraging self-verification of documents, Creation of a National Judicial Data Grid, Central Registry of Securitization Asset Reconstruction, Security Interest and provisions related to establishment of electronic portal etc. have been included to make living and doing business easier.
- Converting imprisonment to monetary penalty will reduce the burden on both litigants and criminal courts.
- The Act also includes that the minimum fine and penalty will be increased by ....
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