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Companies Act reforms - what did not make it

Considerable discussion on the corporate director, codification of directors' fiduciary duties among those debated, and then dropped.

Published Sun, Dec 21, 2014 · 09:50 PM

THE recent amendments to the Companies Act were seven years in the making. Why did it take so long?

One reason is that this was the most comprehensive set of changes - more than 200 amendments in all - since the Act was first passed in 1967.

When the Steering Committee for the Review of the Companies Act was appointed in end-2007, its g…

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