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Insights from the 1952 Company Law Committee Report

Insights from the 1952 Company Law Committee Report



The Report of the Company Law Committee of 1952 was a milestone in the evolution of company law reforms in India. It laid the foundation for a robust corporate governance structure in India by recommending comprehensive changes to the Companies Act. Emphasising transparency and accountability, it recommended reforms in the areas of disclosure norms, regulation of share capital and debentures, statutory audits, and roles and responsibilities of directors, which were crucial in fostering a conducive business environment in India.

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