https://www.taxtmi.com/news?id=553 The Bill creates a comprehensive corporate law framework covering incorporation through liquidation, emphasizes corporate governance by strengthening shareholder rights, disclosures, independent directors and directors' duties, mandates unique director identification and electronic compliance, introduces One-Person Companies and tighter regimes for not-for-profits, restricts public deposit raising, criminalizes insider trading by directors/KMPs, requires consolidated financial statements and independent valuation, and consolidates insolvency, merger and liquidation adjudication into specialised tribunals with time-bound rehabilitation and enhanced enforcement measures. en-us Sat, 30 Aug 2008 07:54:55 +0530 Sat, 30 Aug 2008 07:54:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=553 The Bill creates a comprehensive corporate law framework covering incorporation through liquidation, emphasizes corporate governance by strengthening shareholder rights, disclosures, independent directors and directors' duties, mandates unique director identification and electronic compliance, introduces One-Person Companies and tighter regimes for not-for-profits, restricts public deposit raising, criminalizes insider trading by directors/KMPs, requires consolidated financial statements and independent valuation, and consolidates insolvency, merger and liquidation adjudication into specialised tribunals with time-bound rehabilitation and enhanced enforcement measures. News - Sat, 30 Aug 2008 07:54:55 +0530 https://www.taxtmi.com/news?id=553