Rajya Sabha has passed the Companies (Amendment) Bill, 2017 on December 19, 2017 and shall come into force on getting the President’s assent.
The Bill to further amend the Companies Act, 2013 was introduced in Lok Sabha on March 16, 2016. Thereafter it was referred to the Parliamentary Standing Committee on Finance for examination and report.
The Parliamentary Standing Committee on Finance had presented its report on the Companies (Amendment) Bill, 2016 to Lok Sabha and Rajya Sabha on 7th December, 2016.
The Amendment Bill as passed by Lok Sabha and also passed by Rajya Sabha accessed from the following link:CompaniesAmendmentBill2017