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Questions and Answers
When did the Companies Act 2013 receive presidential assent?
When was the National Company Law Tribunal (NCLT) constituted?
When was the National Financial Reporting Authority (NFRA) established?
When did the Companies Act 2013 largely supersede the Companies Act 1956?
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What increased the responsibilities of corporate executives in the information technology sector?
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Study Notes
Companies Act 2013
- The Companies Act 2013 received presidential assent in August 2013.
- The Companies Act 2013 largely superseded the Companies Act 1956.
National Company Law Tribunal (NCLT)
- The National Company Law Tribunal (NCLT) was constituted in June 2016.
National Financial Reporting Authority (NFRA)
- The National Financial Reporting Authority (NFRA) was established in October 2018.
Corporate Executives' Responsibilities
- The increased use of technology in the information technology sector increased the responsibilities of corporate executives.
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Description
Test your knowledge about the Companies Act 2013, the primary source of Indian company law which largely superseded the Companies Act 1956. This quiz will challenge your understanding of the provisions and implementation timeline of this important legislation.
