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September 2013

Company Law

By Sejal Vasa, Company Secretary
Reading Time 1 mins
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Companies Bill is passed:

The New Companies Bill with 29 chapters, 470
sections and 7 schedules, was passed by the Lok Sabha on December 18,
2012 and then transmitted to the Rajya Sabha for concurrence. The Rajya
Sabha made 9 amendments to the Bill before passing it on August 8th,
2013. Thereafter the Lok Sabha has agreed to the amendments made by the
Rajya Sabha to the Companies Bill 2012. The Bill was awaiting
Presidential assent.

The highlights of the Companies Bill 2012 as passed
by the Rajya Sabha can be seen at

http://www.icsi.edu/WebModules/Linksofweeks/ Cos%20bill%20highlights.pdf
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