“Take up one idea. Make that one idea your life - think of it, dream of it, live
on that idea. Let the brain, muscles, nerves, every part of your body, be full
of that idea, and just leave every other idea alone. This is the way to success.."
- Swami Vivekananda


Saturday, 14 April 2012

New Companies Bill to be passed soon: PM

Prime Minister Manmohan Singh yesterday at a function of Indian Institue of Corporate Affairs expressed the hope that the new Companies Bill which seeks to update Companies Act, 1956 will be passed in the parliament shortly.
Currently, the bill is being scrutinized by the Standing Committee, after Bharatiya Janata Party (BJP) pointed that the bill was significantly different from the original one. The Standing Committee, headed by Senior BJP leader Yashwant Sinha is likely to finalize it's reports on Companies Bill on April 20.
The key features of this bill are -
» Mandatory maintenance of documents in electronic format
»Better ethical corporate behaviour
»Introduction to e-governance

p.S. : So should we expect big things from the bill as budding Company Secretaries?
Though some people are expecting that this bill will add more scope to the functions of a Company Secretary, I believe we have to wait a little longer to find out what this bill holds for us.

3 comments:

  1. Thanks for the nice blog. It was very useful for me. Keep sharing such news in the future as well.
    Custom Essay Writing Service

    ReplyDelete
  2. The company secretary in pune is responsible for the efficient administration of a company, particularly with regard to ensuring compliance with statutory and regulatory requirements and for ensuring that decisions of the board of directors are implemented.

    ReplyDelete
  3. Wow..Amazing blog.. This blog is very helpful for me. Thanks for sharing this information with us.If you require about new business registration delhi | Auditors in delhi please click on it.

    ReplyDelete

So... What are you thinking?