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Companies bill 2011

deepali agarwal (Company Secretary) (1289 Points)

19 December 2012

Hi All,

Recently I heard Companies Bill 2011 have been approved by LOK SAbha...Do u all think it is Good For US (Company Secretaries) or it will reduce the scope of our professsion?????

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27 Replies

swapnil dabke (senior executive) (320 Points)
Replied 19 December 2012

Its a good news belive me

1 Like

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deepali agarwal (Company Secretary) (1289 Points)
Replied 19 December 2012

Ya i think we can take advantage of this oppurtunity...

Sneha (Company Secretary) (1594 Points)
Replied 19 December 2012

It is definetly good for us. It increases the scope of CS. CG may appoint CA, CWA and even CS as company liquidator, Iplementation of Secretarial Standards, Secretarial Audit Report for certain prescribed class of Companies by CS. Further there is increase of amount a person is required to pay to propose his candidature as director of the Company which provides great relaxation to us.

1 Like

YOGESH LADDHA (Sr Manager) (25 Points)
Replied 19 December 2012

Can any body give me sailent features of the companies bill 2011 as passed by Lok sabha on 18/12/12

deepali agarwal (Company Secretary) (1289 Points)
Replied 19 December 2012

Ya u r absoulutely right Ms. Sneha...This is surely gonna benefit us...

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swapnil dabke (senior executive) (320 Points)
Replied 19 December 2012

But at the same time we have spend hours in reading new provisions.

(Guest)

This is good news . But I think in june 2013 exam it will not applicable.

Deepak Sadhu (Manager - Operations) (210 Points)
Replied 19 December 2012

Has the Companies Bill 2011 been approved in Lok Sabha....if yes please give us the source or link

Regards

Deepak Sadhu

Sneha (Company Secretary) (1594 Points)
Replied 19 December 2012

Yes, it has been approved. Please find attached as downloaded from CCI

Attached File : 473053 1103392 261075 1103265 highlights companies bill2011.pdf downloaded: 1035 times

2 Like

Deepak Sadhu (Manager - Operations) (210 Points)
Replied 19 December 2012

thanks for the link...when is it going to be implemented...Are CS going to be benefited by this

Deepak

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deepali agarwal (Company Secretary) (1289 Points)
Replied 19 December 2012

Yes of course CS are going to be benefitted....

Sneha (Company Secretary) (1594 Points)
Replied 19 December 2012

Deepakji, I have replied to your query in my first comment in this post.

Deepak Sadhu (Manager - Operations) (210 Points)
Replied 19 December 2012

Thanks a lot Snehaji for the reply....it is approved in the Lok Sabha....then it will go to Rajya sabha and then lastly to the President...I guess it will take some more time to be completely passed....

Deepak

CA MANISH AGRAWAL (Practice) (539 Points)
Replied 19 December 2012

yes,the new companies bill is pass on lok shabh.itcom bill generally highlight indepent director,more trancprncy in operation of companies and appoint CA CS and more professioinal to appoint to take care of investors and public .