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| Audit firms may face action for wrong-doing | 23-AUG-09 |
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| The ministry of company affairs (MCA) intends to insert a clause in the Companies Act that will make audit firms also liable to prosecution as against the existing provisions that limits penal action only to chartered accountants. |
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| Govt re-introduces Companies Bill | 03-AUG-09 |
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| The government today re-introduced Companies Bill in the Lok Sabha to replace a 52-year-old law and simplify regulations dealing with formation, mergers and acquisitions and winding up of companies. |
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| Govt to consult experts before re-introducing cos law:Minister | 07-JUN-09 |
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| The government will consult stakeholders and incorporate changes in the new Companies Bill to prevent recurrence of Satyam-like frauds before reintroducing it in Parliament, a move welcomed by experts, who said SFIO must be made a part of the new legislation. |
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| India Inc for more teeth to Clause 49: KPMG | 08-MAY-09 |
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| India Inc strongly feels that market regulator Sebi’s Clause 49, formulated for the improvement of corporate governance in all the listed companies, needs to be strengthened, global audit and advisory firm KPMG said in its report. |
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| K S Mehta: Restructuring made easy | 18-DEC-08 |
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| The new Companies Bill offers a broader canvas for corporate restructuring, but its drafting needs to be reviewed to promote India Inc's interests. |
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