New companies bill set for budget session 2009

The new “Companies Bill 2009”, with stricter disclosure norms and provision for one-person corporate entity, will be tabled in the ongoing budget session of parliament.
A new companies bill is being re-introduced as the earlier version had lapsed because of dissolution of the previous Lok Sabha. The provisions in the proposed law would be in accordance with the changing economy. To rad the full News appeared in The Times of India 4th July 2009 Click Here.