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Companies bill 2013

CMA. CS. Sanjay Gupta ("PROUD TO BE AN INDIAN") (114215 Points)

21 August 2013

Dear Members..

Greeting of the Day and Happy Rakshabandhan to all.

On 18th August 2013 I attended a Half Day Workshop on 'Companies Bill 2013' organised by the Hooghly Chapter of Eastern India Regional Council of The Institute of Company Secretaries of India. CS Mamta Binani (Past Chairperson ICSI EIRC) was the guest speaker on the subject. It was really wonderfull and highly informative session on this pertinent topic. I am attaching herewith the presentation of CS Mamta Binani which she gave on this topic. I am sure both students as well as the professional will find it extremely useful. Have a great time ahead....

Regards.

CMA. CS. Sanjay Gupta

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12 Replies

Ganeshbabu K (Audit and Tax Advisory) (48559 Points)
Replied 21 August 2013

Thank you very much sir....File was very informative to Articles....&also practising professionals

But It seems MCA yet to clarify regarding class of companies where Appointment of auditor more than 5 years,,Women director & others...

HIGHLIGHTS OF COMPANIES BILL

*RENU SINGH * (✩ §m!ℓ!ñġ €ม€§ fℓม!ñġ ђ♪gђ✩ ) (21627 Points)
Replied 21 August 2013

Really nice PPT bhaiya

And happy rakhshabandhan to you as well ... Aap har occasion ke sath ek new chij share karte ho

Priya (trainee) (384 Points)
Replied 21 August 2013

Sir Can u please tell how long will it still take in Presidents approval?? or when next it will be placed?

CMA. CS. Sanjay Gupta ("PROUD TO BE AN INDIAN") (114215 Points)
Replied 21 August 2013

Originally posted by : Ganeshbabu K
	But It seems MCA yet to clarify regarding class of companies where Appointment of auditor more than 5 years,,Women director & others...

Yes Ganesh...It is yet to be notified. These will be notified in Rules since these require amendment from time to time and amending rules are easier compared to amendment in the Act.

CMA. CS. Sanjay Gupta ("PROUD TO BE AN INDIAN") (114215 Points)
Replied 21 August 2013

Originally posted by : Priya
	Sir Can u please tell how long will it still take in Presidents approval?? or when next it will be placed?

Difficult to tell but expected soon.

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CMA. CS. Sanjay Gupta ("PROUD TO BE AN INDIAN") (114215 Points)
Replied 21 August 2013

NEW DELHI: The Ministry of Corporate Affairs expects all the rules regarding the Companies bill likely to be in place by the end of this fiscal, after taking into account the suggestions from experts, public and other stakeholders.

A rules advisory committee comprising members from leading industry chambers, dignitaries, experts and lawyers among others, is currently working on draft rules and the same are expected to be put forth on MCA website for public comments by the end of this month itself, a senior ministry official said.

Source: The Economic Times (link: https://articles.economictimes.indiatimes.com/2013-08-14/news/41409895_1_draft-rules-the-companies-bill-corporate-affairs)

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