New Delhi THE ministry of corporate affairs has suggested some fine-tuning of the new Mines Bill, which is being examined by a parliamentary panel and provides for profit-sharing by mining firms with project-affected people, among other provisions.

Questioning a clause in the new Bill that provides for issuing at least one share of the mining company to each affected family that will be non-transferable, the MCA in a letter to the panel has said that under the Companies Act, shares of public and private limited companies and those of listed companies are transferable.