The Companies Bill, 2011: Standing Committee on Finance (2011-12)
The Standing Committee on Finance present this Fifty-seventh Report on the Companies Bill, 2011. The Companies Bill, 2011 introduced in Lok Sabha on 14 December, 2011, was referred to the Committee on 5 January, 2012 for examination and report thereon, by the Speaker, Lok Sabha under rule 331E of the Rules of Procedure and Conduct of Business in Lok Sabha. The Standing Committee on Finance had earlier examined the Companies Bill, 2009 and presented report on the same in the Parliament on 31 August, 2010. Keeping in view the recommendations made by the Standing Committee, a revised Companies Bill, 2011 was prepared by the Ministry of Corporate Affairs. The Hon‘ble Speaker referred the revised Bill to Parliamentary Standing Committee on Finance as certain new provisions were included in the Bill, which were not earlier referred to the Committee during the examination of Companies Bill, 2009.