Need Graded Approach To Implement Cos' Act: Shardul Shroff
  • Prabha Hedge
  • Oct 22 2013

October 22: Shardul Shroff, Managing Partner at Amarchand Mangaldas, says companies overlooked the implications of Sections 185-188 of the new Companies Act. There is a misunderstanding that the current structures are to be grandfathered, he says. The government should take a graded approach and implement the new Companies Act in a phased manner, he adds.