Moves to amend 28 year old cama to promote financial stability scales second reading in senate

It seems like you're referring to a news article or a legislative update. Here's a breakdown of what you've shared:

• "Moves to amend 28-year-old Cama to promote financial stability scales second reading in Senate"
• Cama likely refers to the Companies (Amendment) Act, 1990, which is a 28-year-old law in India.
• The amendment aims to promote financial stability, which is a significant concern for the Indian economy.
• The bill has cleared its second reading in the Senate, which means that the lawmakers have discussed and approved the proposed changes to the law.

Here's a possible interpretation of this news:

The Indian government has introduced an amendment to the 28-year-old Companies (Amendment) Act, 1990, to promote financial stability in the country. The amendment aims to address the concerns of financial instability, which has been a major issue in recent years. The bill has cleared its second reading in the Senate, indicating that the lawmakers have approved the proposed changes to the law. This development is significant, as it could lead to improved financial stability and a more robust economy in India.

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