Corporate India is governed by the Companies Act, 1956 which has more than 600 sections and provisions. The business environment has progressed with leaps and bounds as compared to the legislation governing these businesses. In an effort to bring the law at parity with the environment, the much awaited new legislation of the Companies Bill finally saw the light of the day in Lok Sabha. The Companies Bill, 2012 is a vibrant initiative of the legislative which promises a better tomorrow in the form of increased investor participation and protection, tighter disclosure and fraud containment measures.
The changing environment has also brought Compliance to the forefront in India in recent times, with constant amendment to the statutes and the strictures of law, the adherence to the Companies Act, has been made more stringent.
In the face of these continuous changes, we at S.R. Dinodia & Co. undertake advisory and compliance related services under the Companies Act, 1956 and the new intended legislation including documentation and registrations required with the Registrar of Companies.