Co Bill Provisions Not Fully Appreciated Or Debated: Shardul Shroff
  • Saba Ashraf
  • Aug 12 2013

Leading law firm Amarchand Mangaldas’ Managing Partner Shardul Shroff believes the related party deal regulation in the Companies Bill 2012 may not be conducive to normal functioning of a company. “When read along with the SEBI norms, a minority could outvote the majority in key decisions,” he says, adding that such serious issues need careful consideration at the hands of industry.