Government to look into changes needed in Companies Act.

CHENNAI: Union Commerce Minister Nirmala Sitharaman has said that a meeting with all stakeholders will be held next week in Delhi to look at the changes that need to be made to the new Companies Act. Emphasising on the need to review the Act, the minister also said that it is time to take all measures necessary to bring back investor confidence.

Speaking to the media at the BJP office in Chennai, the minister said that the new Companies Act, 2013 which had replaced the old Companies Act, 1956 had "posed a lot of problems" to companies, chartered accountants and industries.