New Delhi, Oct. 24 -- The government is moving to amend the Companies Act, targeting a legislative push in the winter session of Parliament to make the law more business- and digital-friendly, two people aware of the discussions said.

Likely changes include a key proposal to speed up certain mergers, facilitate electronic document serving and e-adjudication of offences, and enable administrative restoration of companies struck off from the register without involvement of tribunals, said one of the persons quoted above. The measures aim to help Indian companies turn globally competitive and elevate the country's ranking in future editions of the World Bank's Business-Ready index.

One of the proposals is to rework the shareholder voting p...