The salient features of the Companies Bill as introduced in the Parliament is available on this link
Some revolutionary features have been introduced like "One Person One Company", participation at board meetings through video-conferencing or other audio/ visual means, compulsory appointment of at least one resident director, relaxation in the provisions for managerial remuneration, voting by electronic means at general meetings, mandatory secretarial audit for listed companies, mandatory rotation of auditors/ audit firms, more disclosures in the annual returns and directors reports, mandatory appointment of women directors for certain specified class of companies and mandatory CSR for certain large companies, class action suits, time bound rehabilitation and restructuring process and registered valuers.
Some revolutionary features have been introduced like "One Person One Company", participation at board meetings through video-conferencing or other audio/ visual means, compulsory appointment of at least one resident director, relaxation in the provisions for managerial remuneration, voting by electronic means at general meetings, mandatory secretarial audit for listed companies, mandatory rotation of auditors/ audit firms, more disclosures in the annual returns and directors reports, mandatory appointment of women directors for certain specified class of companies and mandatory CSR for certain large companies, class action suits, time bound rehabilitation and restructuring process and registered valuers.
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