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New Companies Bill

Written By krishna on Monday, September 06, 2010 | 11:35 AM

TheReport of the Parliamentary Standing Committee on Finance on The Companies Bill, 2009 was presented to both the houses of parliament on 31 August, 2010. It was referred to the committee chaired by Yashwant Sinha. There are 29 members of this committee.

The members are:
1 Shri Yashwant Sinha
2 Dr.Bali Ram
3 Shri Sudip Bandyopadhyay
4 Shri C. M.Chang
5 Shri Harischandra Deoram Chavan
6 Shri Bhakta Charan Das
7 Shri Khagen Das
8 Shri Gurudas Dasgupta
9 Shri Nishikant Dubey
10 Shri Bhartruhari Mahtab
11 Shri Mangani Lal Mandal
12 Smt. P. Jaya Prada Nahata
13 Shri Sambasiva Rayapati Rao
14 Shri Magunta Sreenivasulu Reddy
15 Shri Y. S. Jagan Mohan Reddy
16 Shri Sathyanarayana Sarvey
17 Shri Gowdar Mallikarjunappa Siddeswara
18 Shri N.Dharam Singh,
19 Shri Manicka Tagore
20 Dr. Munisamy Thambidurai
21 Shri M. Anjan Kumar Yadav
22 Shri S.S. Ahluwalia
23 Shri Raashid Alvi
24 Shri Rajeev Chandrasekhar
25 Shri Mahendra Mohan
26 Dr.Mahendra Prasad
27 Shri Moinul Hassan
28 Shri K.V.P. Ramachandra Rao
29 Shri Y. P. Trivedi


The committee at their sitting held on 21 January, 2010 heard the views of the representatives of Federation of Indian Chamber of Commerce and Industries (FICCI) and Confederation of Indian Industries (CII).

At the sitting held on 24 May, 2010 Institute of Chartered Accountants of India (ICAI), Institute of Company Secretaries of India (ICSI) and Institute of Cost and Works Accountants of India (ICWAI) presented their views before the Committee. On 31 May, 2010, the Committee heard the views of the representatives of Reserve Bank of India (RBI) and Securities and Exchange Board of India (SEBI).

The committee also heard the views of Dr Ashok Haldia – Former Secretary, ICAI & Member, Appellate Tribunal set up for ICAI, ICSI and ICWAI, Shri M. R. Umerji – Chief Advisor Legal, Indian Banks Association, Shri Pradip N. Kapadia – Vigil Juris, Advocate, Solicitors and Notary, Shri LVV Iyer, Corpoarte Lawyer, Shri Virendra Jain – President, Midas Touch Investors Association at the sitting held on 15 June, 2010



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