Achromic Point

The Companies Bill, 2009 which was introduced in the Lok Sabha on 3^rd August 2009, in the eyes of the Ministry of Corporate Affairs (MCA) is an attempt to bring Corporate Law in consonance with the changes that have occurred in the economic development. The MCA believes that the proposed new Company Law legislation is a condensed and simplified version of the existing law on the subject resulting from the exercise undertaken to rationalise the provisions by deleting the redundant provisions and de-linking the procedural aspects from substantive law.

The Bill has many far reaching and welcome changes. While the Bill has been broadly welcomed by industry and professional bodies, a critical examination of the proposed legislation shows that it does not fully address strategic issues which would make it a bulwark for an economically resurgent India.

This event will discuss the proposed changes in the Companies Bill 2011 to be tabled in the coming monsoon session starting 4th August, its deficiencies, remedies & implementation to make it a comprehensive legislative road map for the future growth and health of resurgent Indian Corporate Sector.

Achromic Point together with Deloitte and R&A Associates as knowledge partners for this event, along with LVV Iyer & Associates is organizing the seminar on Proposed Companies Bill 2011 in Mumbai on 8th September 2011.

The speakers for this seminar are: