Sectoral Oversight Committee approves Companies (Amendment) Bill

The Companies (Amendment) Bill, scheduled to be taken up for second reading debate in Parliament on July 23, received the approval of the Sectoral Oversight Committee on Environment, Agriculture and Resource Sustainability following its consideration.

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This was taken up for consideration when the said Committee, chaired by Member of Parliament Hector Appuhamy, met on July 11 at the Parliament premises.

A group of officials representing the Ministry of Trade, Commerce and Food Security, the Attorney General’s Department, and the Legal Draftsman’s Department attended the Committee meeting.