Indian Companies Bill 2009

Companies Bill 2009 likely to be re-introduced this week
Post Satyam fraud, which came to light after founder chairman of the IT firm confessed manipulating the books of accounts of his company for several years, the government is planning to further strengthen various provisions of the Bill.

It plans to make amendments including incorporation of class action suit and specifying accountability of independent directors in the Bill. Further, the government also seeks to make norms for auditors tougher and corporate governance norms more stringent...
To read the full story in "The Economic Times" dated 29th July 2009 Click Here.

Companies Bill 2011 as presented to the Parliament - To Read it  Click Here:  http://www.mca.gov.in/Ministry/pdf/The_Companies_Bill_2011.pdf