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Jul 30th, 2007, 02:03 PM
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#1 |
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new India company bill
Has the new law on companies now passed into law?
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Jul 30th, 2007, 07:26 PM
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#2 |
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Top Level Member
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Dec 27th, 2008 08:09 PM Join Date: Feb 2007
Posts: 723
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Re: new India company bill
July. 30 Industry will have to wait a few more months for the revised albeit friendly Company Law, with the Ministry of Corporate Affairs still working on the draft Bill and hopes to introduce it by the end of this year.
The Ministry, which was earlier pushing for introducing the Bill in Monsoon Session of Parliament, would now table it later this year in the Winter Session as work on changes in the legislation would take a little longer. "The legislative drafting of the revised company law is nearing completion and the final product will match industry's expectations," Secretary in the Ministry of Corporate Affairs Anurag Goel said at a CII seminar today. |
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