CEVAP:

The TCC which is enacted in 2011 after a long period of consultation with all the interested parties has introduced a new regime for companies. When compared to other chapters of the TCC, there has been significant amendments in the company
law regime. The second chapter of TCC on companies aims to provide a legal  environment as simple and as accessible as possible for firms and to avoid imposing unnecessary burdens on the ways companies get established and operate and on the other hand protect investors. It is aimed to provide a simpler, more efficient and cost effective framework for companies in commercial business life. The new company law regime extended not only to cover some new types/structures of companies; such as the single-shareholder joint stock company but also introduced some new principles.