5 Questions
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?
Divided into 29 chapters
What was the reason behind replacing the Companies Act, 1956 with a new legislation?
Changes in the national and international economic environment and to facilitate expansion and growth of the economy
Test your knowledge on the Companies Act, 2013 which was enacted to consolidate and amend the law relating to companies. Learn about the changes from the previous Companies Act, 1956 and the structure of the Act with its sections, schedules, and chapters.
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