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As of October 2023, the latest changes to the Companies Act, 2013, include amendments aimed at enhancing corporate governance and compliance. Key updates involve stricter norms for related party transactions, greater transparency in corporate disclosures, and the introduction of provisions for easier incorporation processes. Additionally, the amendments seek to improve the enforcement of penalties for non-compliance and promote the use of technology in company operations. These changes reflect the ongoing efforts to streamline regulations and foster a more business-friendly environment.

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