Question

Companies amendment bill will it be helpful in ease of doing business

Answer 1

here's your answer


the amendment Bill of companies doesn't helpful in ease of doing business

Answer 2

Yes, the Companies Amendment Bill will be helpful in ease of doing business. More than 40 amendments were made to the Bill. Various ways in which the revised Bill would make business easy are:

*The process of raising funds by companies through private shares placement has been simplified.

*Rationalizing the provisions related to loans sanctioned to directors of companies.

*Mentioning disclosure requirements along with the SEBI regulations in the prospectus containing the same.