Separate law needed for small, medium companies: Chidambaram


Former Finance clergyman P Chidambaram proposed a separate law to deal with small and medium institutions, expressing compacts of all magnitudes cannot be led by same institutions law. “Eventually, we must have a separate law for small and medium institutions and have a comprehensive institutions Act only for large institutions,” Chidambaram expressed while acting in a communication on the institutions (Amendment) Bill, 2017 in the Rajya Sabha. The legislation, moved by clergyman of State for Corporate affairs P P Chaudhary, was later passed by a sound poll. Chidambaram expressed the Bill had righteous goals to merit the medium and small…

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