Companies (Amendment) Bill 2016 to be presented in Parliament now after Cabinet approval
Updated: Apr 01, 2017 07:18:25am
Companies (Amendment) Bill 2016 to be presented in Parliament now after Cabinet approval
New Delhi, Apr 1 (KNN) The Union Cabinet gave its nod on proposal to move amendments to the Companies Act, 2013.
The move aims to make easier compliance of requirements and certain other provisions.
The Companies (Amendment) Bill, 2016 will be introduced in Parliament, a Cabinet release said.
The Bill to amend the Act was introduced in the Lok Sabha by the government in March last year, after which it was referred to the Standing Committee on Finance for its opinion.
The panel submitted its report, along with the changes required in the proposed amendments, in December 2016.
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