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Questions and Answers
When did the Companies Act 2013 receive presidential assent?
When did the Companies Act 2013 receive presidential assent?
- 1 April 2014
- 29 August 2013 (correct)
- 12 September 2013
- 30 August 2013
When was the National Company Law Tribunal (NCLT) constituted?
When was the National Company Law Tribunal (NCLT) constituted?
- 1 April 2014
- 29 August 2013
- 12 September 2013
- 1 June 2016 (correct)
When was the National Financial Reporting Authority (NFRA) established?
When was the National Financial Reporting Authority (NFRA) established?
- 12 September 2013
- 1 April 2014
- March 2018 (correct)
- 29 August 2013
When did the Companies Act 2013 largely supersede the Companies Act 1956?
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?
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- The Companies Act 2013 largely superseded the Companies Act 1956.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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