Monday, January 14, 2019

The President promulgates the Companies (Amendment) Ordinance, 2019

The Companies (Amendment) Ordinance, 2018 was promulgated by the President on November 02, 2018. And Companies (Amendment) Bill, 2019 to replace the 2018 Ordinance has been passed by the House of People on the January 04, 2019 and is pending with the Council of States. As the bill couldn’t be passed in Rajya Sabha and on January 21, 2019 it would have ceased to operate and Parliament is not in session therefore, the President promulgated the Companies (Amendment) Ordinance, 2019.

from taxmann.com News http://bit.ly/2TLeKmH

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