<h1>India Modernizes Corporate Sector: Companies Bill 2009 Revamps Regulations, Enhances Fraud Enforcement, and Boosts Investor Protection.</h1> The Government of India announced plans to modernize the corporate sector by revising the Companies Act, 1956, with the introduction of the Companies Bill, 2009. This new legislation aims to enhance regulatory measures and enforcement against corporate fraud. Key features include enabling the Central Government to initiate investigations independently, allowing search and seizure without a Special Court order, and freezing company assets under investigation by Tribunal order. The Bill also focuses on increased disclosures, deterrent penalties, and comprehensive enforcement provisions to better protect investors from corporate misconduct.