The Companies Bill 2012 passed in the Lok Sabha Highlights of the Bill

The Companies Bill 2012 passed in the Lok Sabha Highlights of the Bill

The much awaited Companies Bill, 2012 (Bill) was passed by the Lok Sabha on December 18, 2012, replacing 56-year-old Companies Act, 1956. The Bill seeks to consolidate and amend the law relating to the companies and intends to improve corporate governance and to further strengthen regulations for corporates.

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