Wednesday, April 16, 2014

New Companies Act takes effect

So far, the government has notified 283 of the 470 sections. The first notification, of 99 sections, was in 2013. The provisions on corporate social responsibility (CSR) were notified on February 27. In a circular dated 26th March,2014 the Ministry of Corporate Affairs (MCA) notified 183 new sections.

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