Financial Daily
from THE HINDU group of publications
Thursday, August 16, 2001
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Financial Daily from THE HINDU group of publications Thursday, August 16, 2001 |
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Company rules to be made simpler
NEW DELHI: THE Government will be revising shortly the Companies (Central Government's) General Rules and Forms, 1956 to make them user-friendly and computer-savvy. These forms will include, among others, details relating to voter identity card, passport
number, permanent account number and recent photo promoters and directors of the companies apart from reducing the number of forms.
According to an official release, the proposed measures will help in tracing promoters and directors of the vanishing companies. This is also intended to strengthen the confidence of investors. The relevant notification containing new forms will be issue
d shortly. -- Our Bureau
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