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The Companies (Amendment) Bill, 2016: An Analysis( Vol-2,Issue-8,August 2016 ) |
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Author(s): Dr. G. Velmurugan |
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Keywords: |
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Definition, Incorporation, Memorandum, Registered office. |
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Abstract: |
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Companies (Amendment) Bill 2016 has been introduced in the LokSabha on 16th March 2016, by the Central Government. Based on the recommendations made by the committee, the Government of India placed a bill to amend the Companies Act, 2013. The panel had proposed changes in 78 sections of the Companies Act, 2013, which along with consequential changes, would result in about 100 amendments to the Act. The proposed changes are broadly aimed at addressing difficulties faced by the stakeholders in implementation owing to stringency of compliance requirements and improve the ease of doing business in the country. In this article the author discuss some of the important amendments proposed in the Bill. |
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