Rajya
Sabha has passed the much awaited Companies Bill 2013 on 8th
August 2013 which was passed by Lok Sabha on
18th December 2012.and amendments
to it are passed by lok sabha on 13th august 2013. The Bill is all set to replace the 57 year old Act.
In the Companies
Bill 2013, various new provisions have been included (which are not provided
for in Companies Act, 1956) for better governance of the companies.
I
have written a write-up on the provisions of the Companies Bill 2013 and the
law making powers of the Parliament of India in brief for more clarity on this subject.
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