AZB Partners Inter Alia April 2016

The Companies (Amendment) Bill, 2016 (‘Bill’) was introduced in the Lok Sabha on March 16, 2016, to amend the Companies Act, 2013 (‘Companies Act’), pursuant to the recommenda- tions of the Companies Law Committee in its report dated February 1, 2016. In order to give ef- fect to the proposed amendments, modifications will also be required to be made to the extant rules framed under the Companies Act.