Companies Bill In Line With That In US: Venugopal Dhoot
  • Elizabeth George
  • Aug 08 2013

August 8: The Rajya Sabha today passed the Companies Bill, 2012. Videocon CMD Venugopal Dhoot says, “The bill is in line with that in the US. It gives power to the shareholders.” Meanwhile, Anil Singhvi, Chairman of Ican Investment Advisors, says he is glad the bill has been passed. The mandatory CSR of 2% of net profit will ensure companies play their part for the greater good of society,” he adds.