TaxTMI 
TaxTMI 
Companies Act.
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....ompanies Act. <br>News and Press Release<br>Dated:- 25-8-2011<br><BR>Press Information Bureau Government of India Ministry of Corporate Affairs 25-August-2011 17:37 IST Companies Act The Minister....
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.... of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that keeping in view the developments taking place nationally as well as internationally and with a view t....
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....o modernize the structure for corporate sector through enlightened regulation, a decision was taken to revise the existing Companies Act, 1956. On coming into force of the new Companies Bill, the exis....
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....ting Companies Act, 1956 will be repealed. The Companies Bill, 2009 seeks to provide stricter provisions for more effective enforcement action against companies involved in fraud. Provisions like ini....
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....tiating investigation by Central Government suo moto, allowing search and seizure during investigation without obtaining an order from Special Court, provision for freezing of assets of a company unde....
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....r investigation on the order of Tribunal have been provided. Besides, the Bill emphasizes disclosures, deterrent penalties and has extensive enforcement provisions. The Minister was replying to a wri....
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....tten question whether the Government proposes to repeal the Companies Act, 1956 by bringing in a new Companies Act and the extent to which the replacement of the Companies Act is likely to help in che....
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....cking frauds committed by companies against investors? ***** ST/-<BR> News - Press release - PIB....