The Companies Bill, 2011 is all set to replace the 55 year old companies act of 1956 which has been the single most important legislation for all incorporated companies in India and bread and butter for many professionals.

For CS Professionals:

For CWA Professionals:

For Auditors:

For Directors:

Source: Web / Email

PS: It is passed in LOKSABHA on 18 Dec 2012, yet to get clearance from RAJYASABHA & Ascent of Hon. President.