Dear Member,
Sub: Companies Bill, 2009
As you are aware, the Companies Bill, 2009 has been introduced in Lok Sabha on 3rd August, 2009.
The new Bill proposes to open up new avenues for the professionals especially Chartered Accountants and at the same time casts a lot of responsibility on them for conduct of affairs of the companies.
Appreciating the need of the hour and in view of the importance of the Bill, the Corporate Laws Committee has formed study groups at National level, Regional level and Branch level to consider the provisions of Companies Bill in depth. The suggestions emanating there from shall be forwarded to the Ministry of Corporate Affairs by making a suitable representation.
You are requested to kindly give your valuable suggestions/views/comments on the Bill and send the same to the Corporate Laws Committee at corporatelaws@icai.in latest by 25th September, 2009. A copy of the Bill is placed on the website of the Institute at http://www.icai.org/resource_file/17166companies_bill_2009.pdf
With kind regards,
Yours faithfully,
Secretary,
Corporate Laws Committee
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