Press Information Bureau

Government of India

Ministry of Corporate Affairs

10-December, 2012 19:30 IST

The recommendations made by the Parliamentary Standing Committee on Finance in its report to the Parliament, dated 13th August, 2012, have been examined and it has been decided to move official amendments to the Companies Bill, 2011in the current session of Parliament to incorporate most of these recommendations in the Bill. This information was given by Shri Sachin Pilot, Minister of Corporate Affairs in written reply to a question in the Rajya Sabha today.

 

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KKP

 

Companies Bill amendments to incorporate parliamentary committee recommendations will be tabled in the current parliamentary session. Official amendments to the Companies Bill, 2011 will be moved to incorporate most recommendations of the Parliamentary Standing Committee on Finance; this decision, reached after examination of the Committee's report, was communicated in a ministerial written reply and reflects the Government's intention to table amendment measures in the current parliamentary session to align the Bill with the Committee's suggestions.