In an interview with CNBC-TV18, Mukesh Butani, Chairman of BMR Advisors talks about the Companies Bill and its impact on shareholders of a firm. The Companies Bill was approved by Union Cabinet late on Thursday night. It is likely to be tabled in the ongoing winter session of Parliament. This will change the key provisions of the more than 50-year old Companies Act, 1956.
Below is an edited transcript. Watch the accompanying video for more.
Q: Your initial observations on what the new look Companies Bill suggests and whether it sits well with most corporate?
A: It
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