Question : AMENDMENT IN COMPANIES ACT, 1956

(a) whether the Union Government have received any proposals from State Governments particularly from Madhya Pradesh for making certain amendments in the Companies Act, 1956;

(b) if so, the details of the amendments suggested by the States and action taken by the Union Government thereon; and

(c) if not, the reasons for delay in taking decision on the said proposals?

MINISTER OF FINANCE AND COMPANY AFFAIRS (SHRI JASWANT SINGH )

(a) to (c): No suggestion from any State Government, including Madhya Pradesh, suggesting amendment in the Companies Act, 1956 has been received in the recent past.