Companies Bill likely in Rajya Sabha this week

April 28, 2013 12:35

The much-awaited Companies Bill, which seeks to replace the more than five-decades old regulations that govern corporates in the country, is likely to be tabled in the Rajya Sabha this week.

The Companies Bill 2012, which envisages a slew of changes to rules governing the functioning as well as social responsibilities of corporates, is awaiting Rajya Sabha nod.

In the wake of repeated adjournments, the bill is yet to be taken up by the Upper House even though it was cleared by the Lok Sabha in December, 2012.

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