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Companies Act, 2013 Overview

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What was the main purpose of enacting the Companies Act, 2013?

To improve corporate governance, simplify regulations, and strengthen the interests of minority investors.

How many sections does the Companies Act, 2013 contain?

470 sections

What significant changes from the Companies Act, 1956 were introduced in the Companies Act, 2013?

Legislation of the role of whistle-blowers and provisions relating to class action suit

How was the Companies Act, 2013 structured?

<p>Divided into 29 chapters</p> Signup and view all the answers

What was the reason behind replacing the Companies Act, 1956 with a new legislation?

<p>Changes in the national and international economic environment and to facilitate expansion and growth of the economy</p> Signup and view all the answers

Companies Act, 2013 Overview

Choose a study mode

Podcast

Questions and Answers

What was the main purpose of enacting the Companies Act, 2013?

How many sections does the Companies Act, 2013 contain?

What significant changes from the Companies Act, 1956 were introduced in the Companies Act, 2013?

How was the Companies Act, 2013 structured?

What was the reason behind replacing the Companies Act, 1956 with a new legislation?

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