https://www.taxtmi.com/news?id=2517 Proposed repeal and replacement of the Companies Act, 1956 targets corporate fraud and vanishing companies by preserving and enhancing stringent penal provisions. An expert committee reviewed and recommended rationalisation of the statute to modernise enforcement, compliance obligations and corporate governance while maintaining strong sanctions for fraud and company disappearance. en-us Thu, 08 Dec 2011 17:58:46 +0530 Thu, 08 Dec 2011 17:58:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2517 Proposed repeal and replacement of the Companies Act, 1956 targets corporate fraud and vanishing companies by preserving and enhancing stringent penal provisions. An expert committee reviewed and recommended rationalisation of the statute to modernise enforcement, compliance obligations and corporate governance while maintaining strong sanctions for fraud and company disappearance. News - Thu, 08 Dec 2011 17:58:46 +0530 https://www.taxtmi.com/news?id=2517