“It is a change after almost 58 years – so that is welcome but the devil is always in the details” – Shardul Shroff on the new Companies Law

“It is a change after almost 58 years – so that is welcome but the devil is always in the details” – Shardul Shroff on the new Companies Law

The much-awaited Companies Bill, 2013 (Bill) yesterday got the President’s assent. The new Companies Act, 2013 seeks to consolidate and amend the law relating to the companies and intends to improve corporate governance, raise levels of transparency and to further strengthen regulations for corporates.

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