Volume : II, Issue : I, January - 2013

Company law Reforms in India– An Overview

Dr. L. Usha

Abstract :

The expression ‘Company Law’ may be defined as a anch of law governing the companies. The Companies Act, 1956 is the principal landmark legislation that governs companies in India. Companies in our country have by and large played and are playing an important role in our industrial and economic development. In response to the changing business environment, the Companies Act, 1956 has been amended from time to time so as to provide more transparency in corporate governance and protect the interests of small investors, depositors and debenture holders, etc. The post reforms corporate India has witnessed tremendous growth and expansion as a result of deregulation and procedural simplification of Company Law. Thus, the Companies Act, 1956 in India, is always a step ahead of other corporate and economic legislations towards ensuring the good Corporate Governance in the liberalized global economy

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Dr. L. Usha Company law Reforms in India- An Overview International Journal of Scientific Research, Vol.II, Issue.I January 2013

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