PIB Notes
Company Law Committee
- The Ministry of Corporate Affairs has constituted an 11-member company law committee to analyze and examine the decriminalization of certain offences under the Companies Act, 2013, improving corporate compliance and other steps to improve the ease of doing business for law-abiding citizens.
- It is chaired by Corporate Affairs Secretary Injeti Srinivas
IMPS: Best Global Payments Innovation
- India's real-time money transfer platform IMPS (Immediate Payment Service) has been rated the best global payments innovation by US-based research firm FIS (Fidelity National Information Services).
- In its fifth annual Flavors of Fast report, FIS identified 40 active real-time payment programs around the world.
