5 Questions
When did the Companies Act 2013 receive presidential assent?
29 August 2013
When was the National Company Law Tribunal (NCLT) established?
1 June 2016
When did Section 1 of the Companies Act 2013 come into force?
30 August 2013
What did the Ministry of Corporate Affairs do in relation to private companies under the Companies Act 2013?
Exempted them from the ambit of various sections
What did the Companies Act 2013 do in relation to corporate executives in the information technology sector?
Increased their responsibilities
Study Notes
Companies Act 2013
- The Companies Act 2013 received presidential assent on August 29, 2013.
- The National Company Law Tribunal (NCLT) was established on June 1, 2016.
- Section 1 of the Companies Act 2013 came into force on September 12, 2013.
Corporate Governance
- The Ministry of Corporate Affairs exempted private companies from certain provisions under the Companies Act 2013.
- The Companies Act 2013 did not make any specific provisions for corporate executives in the information technology sector.
Test your knowledge of the Companies Act 2013 with this quiz. Explore the key provisions, sections, and changes brought about by this important legislation in Indian company law.
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