Vanishing Companies.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....anishing Companies. <br>News and Press Release<br>Dated:- 15-3-2012<br><BR>Press Information Bureau Government of India Ministry of Corporate Affairs 15-March-2012 16:52 IST Vanishing Companies T....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....he Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the Companies Bill, 2011 provides for more detailed requirements in the form disclosures/d....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....eclarations to be made by companies, and their promoters/first directors at the time of Incorporation. Detailed disclosure requirements on continuous basis have also been provided. Additionally, the B....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ill seeks enhancement of accountability through various clauses of the Bill viz appointment and accountability of Key Managerial Personnel, defining role of independent directors and enhanced penaltie....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s/fine/imprisonment etc. Replying to a written question the Minister said the proposed Companies Bill, 2011 incorporating the above provision was introduced in the Lok Sabha on 14.12.2011 and has bee....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....n referred to the Parliamentary Standing Committee on Finance. The Bill was introduced after widespread discussions with stakeholders and on the basis of the recommendations of the Expert Committee on....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Company Law, 2005 headed by Dr.Jamshed J.Irani. ***** ST/-<BR> News - Press release - PIB....