Companies act 2011

INDAZAR (Articled Assistant) (301 Points)

19 December 2012  

Companies Act 2011 has been passed by Lok sabha outdating the 55 year old bill.

Corporate Social Responsibility is given prior importance.

When Companies Act 1956 was amended india had only 30,000 companies but now India have 8,50,000 Companies.

Hope the new bill will enhance India"s Corporate Level.