In your interest.
Online Personal Finance Magazine
No beating about the bush.
The previous issue had highlighted some major flaws in the new Companies Bill 2009. This article draws attention to some drafting absurdities, implications of some new positive provisions and absence of new big ideas
There are quite a few drafting absurdities in the Companies Bill 2009 which we cannot afford in a litigious country like India.
1) Clause 2 (zz)...