Are any of you (for those in secretarial depts across companies) taking any special preparations considering that Companies Bill will probably be passed this year and be in effect this time next year? Have you planned how you will include the changes in your department functioning, or do you think it's too early for that?
2 Replies
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17853 Points)
Replied 14 May 2010
Ya it might be passed this year. But not to worry sir. Things are more or less same as in Companies Act, 1956. The only thing is, as i consider, that the Companies Bill is giving teeth to the Companies Act which is quite necessary in this corporate world.
Secondly the changes would easily be incorporated at the time of event.
So, as i think there would not be any need of special planning for that as of now.
Madhur
(N. A.)
(151 Points)
Replied 29 May 2010
Dear Ankur,I dont think the things are very similer with Cos Act,1956. specialy if you look at the provisions about recors keeping, public deposits and compliance with the secretarial standards. Howver some clauses must be common in bothe legislation
Recent Topics
- Urgent doubt on GST
- Profit or Loss on Sale of Assets Accounting treatm
- Clarification on RCM on Rent Payment for QRMP Deal
- Reclaimed itc in gstr9
- Gamification in Accounting Software: Boosting Enga
- I want to knw Hsn code and gst rate of resin produ
- Schedule FA clarification
- Income tax on freelance income from crypto
- ITC temporary reversal and reclaim
- Query on Transactions
Related Threads
CAclubindia
