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Throw light on the history of Company Act, 1956. |
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Answer» Many companies evolved in the business administration due to industrial revolution after the second world war. By the end of 1950, the government of Independent India appointed a special committee under the chairmanship of H.C. Bhabha to go into the entire question of the revision of Indian companies act with particular reference to it’s bearing the development of Indian trade and industry. |
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