Lower min age for MD, directors to 18: Parliamentary panel

A parliamentary panel suggests lowering the minimum director age to eighteen years. The committee also backs raising the maximum director age to seventy-five years. Special NCLT benches for insolvency matters are recommended for efficient asset resolution. The panel proposes retaining the ten crore net profit threshold for CSR applicability. New provisions will enable seamless re-domiciliation…

‘Likely to mislead’: FSSAI bars Dabur from selling products with ‘100%’ guarantee claims

India’s food regulator has prohibited Dabur India from selling certain food products. These products carried “100 per cent” claims which are considered misleading. The FSSAI stated these labels are ambiguous and unverifiable for consumers. Dabur India is now reviewing the notice issued by the food regulator. This action is part of a broader crackdown on…