There is a perennial need for regulatory and institutional changes to keep in step with the social and infrastructural development. It often seems that the law is playing catch up with situations that evolve and many a times it is possible to trace in new or amended legislation the exact gap or mischief it is trying to plug.
Tag: Companies Act
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Advantage infrastructure
A wide range of projects and facilities are granted the status of infrastructure projects under the new Companies Act, 2013. Prachi Manekar elaborates on the benefits from the new Act for the infrastructure projects.