Cabinet approves Companies Amendment Bill, 2014: suggests doing away with declaration by company before commencement of business
LIVELAW NEWS NETWORK
29 April 2015 1:52 PM IST

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29 April 2015 1:52 PM IST
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for moving of the following Official Amendments in the Companies (Amendment) Bill, 2014 :-i. Doing away with the requirement for filing a declaration by a company before commencement of business or exercising its borrowing powers andii. rationalizing the procedure for laying draft notifications...
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