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Companies bill 2012 brings focus on corporate compliance in the boards' report

By: Material type: Mixed materialsMixed materialsPublication details: 2013Description: 785-788Subject(s): NLM classification:
  • 346.54066
In: CHARTERED SECRETARYMSummary: The Companies bill 2012 through clause 134(5) (e) nd (f) has brought new dimension to the Directors Responsibility Statement (DRS) which is going to provide new responsibility on the compliance professionals once the bill is enacted into a legislation. This article deals with the impact and opportunity in connection with this clause. The Companies Act, 200 introduced new section 217 (2AA) under which four important statements were clubbed under a heading Directors Responsibility Statement.
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Periodicals/Magazines Periodicals/Magazines SSCBS Library 43/7 Available P14937

The Companies bill 2012 through clause 134(5) (e) nd (f) has brought new dimension to the Directors Responsibility Statement (DRS) which is going to provide new responsibility on the compliance professionals once the bill is enacted into a legislation. This article deals with the impact and opportunity in connection with this clause. The Companies Act, 200 introduced new section 217 (2AA) under which four important statements were clubbed under a heading Directors Responsibility Statement.

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