Rajya Sabha has passed the Companies (Amendment) Bill, 2017 today i.e. December 19, 2017 and shall come into force on getting the President’s assent.
On July 2, 2017, the Companies (Amendment) Bill, 2016 has been passed by the Lok Sabha as Companies (Amendment) Bill, 2017 & referred to Rajya Sabha for consideration and passing.
The Bill to further amend the Companies Act, 2013 was introduced in Lok Sabha on 16th March, 2016 whereafter it was referred to the Parliamentary Standing Committee on Finance for examination and report.
The Parliamentary Standing Committee on Finance had presented its report on the Companies (Amendment) Bill, 2016 to Lok Sabha and Rajya Sabha on 7th December, 2016.
The Amendment Bill as passed by Lok Sabha which is also passed by Rajya Sabha is placed at the link:
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