Company Law Bill passed by Rajya Sabha: Company Law Bill has been passed by the Rajya Sabha on August 8, 2013. Lok Sabha had passed the Bill in December 2012. The said Bill intends to bring key changes in the following areas of Company Laws: Business friendly corporate Regulation/ pro-business initiatives; e-Governance Initiatives; Good Corporate Governance and CSR; Enhanced Disclosure norms; Enhanced accountability of Management; Stricter enforcement; Audit accountability; Protection for minority shareholders; Investor protection and activism; Better framework for insolvency regulation; Institutional structure; Enhanced Accountability on the part of Companies; Audit Accountability; Facilitating Mergers/ Acquisitions; Investor Protection; and National Company Law Tribunal. - Press Information Bureau
Posted on: Thu, 08 Aug 2013 15:47:23 +0000
Trending Topics
Recently Viewed Topics
© 2015