What is Companies Act, 2013?

  • Blog|Company Law|
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  • By Taxmann
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  • Last Updated on 25 August, 2022
The Companies Act, 2013 was enacted by the Indian parliament on the 12th of September 2013. The act regulates the incorporation, responsibilities, directors, and dissolution of an organization in India. The act features 29 chapters and consists of 470 sections as opposed to the 658 sections that formed a part of the Companies Act, 1956.  The act received the Indian President’s asset on 29th of August, 2013 and the new act came with a couple of alterations such as one-person companies, women directors, registered valuers, rotation of auditors, etc. 
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The Companies Act, 2013 offers a number of provisions for governing all the listed as well as unlisted organizations in India. The newly incorporated Act provides more power to the shareholders and emphasizes more on Corporate Governance. 

Read here:

Salient Features of Companies Act, 2013

All-About ‘Companies’

Formation of a Company under Companies Act, 2013

The Journey of Companies Act from 1956 to 2021

Key Terms of Companies Act, 2013 and Their Comparisons

Amendments to India’s Companies Act, 2013

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