Stringent penal provisions for action against vanishing companies, prevention of frauds

Last updated: 08 December 2011

The Companies Act, 1956, which is proposed to be repealed by the Companies Bill, 2011, provides for more stringent penal provisions for action against vanishing companies, prevention of frauds etc. An expert group under the chairmanship of Dr. J. J. Irani was constituted on 02.12.2004 who

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Category Corporate Law   Report

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