This is a good lesson for our MCA Minister, Now everyone should stand together and in fact our professional bodies like ICAI, ICSI, and ICWAI should make a fresh representations to the new Government. As the new government is of the view and their basic slogan is " ACHE DIN AANE WALE HAIN". So lets see when these good days comes to us.
CA Rahul Bansal
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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