The Bill enhances the accountability for those incorporating a company, and directors on the board, by framing additional disclosure norms
The Companies Bill, 2011, that seeks to make companies more accountable was introduced in the Lok Sabha on Wednesday by the minister for corporate affairs Veerappa Moily. If approved by Parliament, it would replace a 55- year-old legislationthe Companies Act, 1956.
The Bill enhances the accountability for those incorporating a company, and di
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