New Companies Bill will replace companies act, 1956

The Companies Bill 2012 was passed in Rajya Sabha on 8 August 2013 (during the monsoon session of the parliament). Earlier, the bill was passed by the Lok Sabha on 18 December 2012. The legislation will replace the 57-year old Companies Act, 1956 after getting the final consent from Pranab Mukherjee, the President of India. […]

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