1) A political party who has made company law as "CRIMINAL LAW"(lots of prosecution provision, disproportionate penalty provisions) IS OUT OF POWER. MCA Minister has lo
s
t by 1.5 Lakhs votes.
2
) People now think better not to form a Company. 3
) New Company law is against development of corporate form of business in India.
Will New party make some amendments in Company Law so that favorable business environment can be restored? 4) Professional & business organisation such as ICAI, ICSI, ICWAI, Different chamber of commerce etc should represent to New Govt & take advantage of change in political scenario.
Warm Regards
"Team" CA.Nitesh More | FCA, |
Visit our blog: caniteshmore.blogspot.com
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