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Notion Press Books

BARE ACT ON THE COMPANIES ACT,2013 (English, Paperback, Advocate Ashutosh Awasthi)

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Author

Advocate Ashutosh Awasthi

Highlights

Language: English
Binding: Paperback
Publisher: Notion Press
Genre: Study Aids
ISBN: 9781636064314
Edition: 2020
Pages: 290

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Description

The Companies Act 2013 is an Act of the Parliament of India which regulates incorporation of a company, responsibilities of a company, directors, dissolution of a company. The 2013 Act is divided into 29 chapters containing 470 sections as against 658 Sections in the Companies Act, 1956 and has 7 schedules. The Act has replaced The Companies Act, 1956 (in a partial manner) after receiving the assent of the President of India on 29 August 2013. The Act came into force on 12 September 2013 with few changes like earlier private companies maximum number of member was 50 and now it will be 200. A new term of “One Person Company” is included in this act that will be a private company and with only 98 provisions of the Act notified. A total of another 184 sections came into force from 1 April 2014.

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