The Companies Bill (2008) has been introduced in the
Lok Sabha. For further information about the Bill and the changes it will introduce, see this
Government announcement. A copy of the Bill as introduced is available
here. In order to become law, the Bill will be read three times in each House (the Lok Sabha and the
Rajya Sabha) before it is submitted to the President for assent (for information about this process, see
here).
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