Companies Amendment Bill passed in Lok SabhaJuly 27 2017
The Lok Sabha today passed the Companies Amendment Bill, 2016, which was introduced in March last year.
The Bill amends more than 40 provisions of the Companies Act, 2013. The Bill was introduced based on the suggestions received from various stakeholders on the Companies Law Committee Report, which was published in February 2016 suggesting certain reforms to the Act.
“During the debate, members pointed out that a high number of sections of the Companies Act . . .
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