Where was new company act introduced??
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The Companies Bill was passed by the Lok Sabha (the Lower House of the Parliament of India) on 18 December 2012 and in the Rajya Sabha (the Upper House of the Parliament of India) on 8 August 2013. It received Presidential Assent on 29th August 2013 thereby creating the Companies Act 2013.
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Answer:
The bill (88 of 2020) was introduced in the lok sabha (i.e., lower house of the Indian parliament) on 17th March 2020 by the Finance minister Ms Nirmala Sitharaman. The bill seeks to amend the Companies Act 2013, and yet to become full law.
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