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.
