Companies Act 2013
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Questions and Answers

When did the Companies Act 2013 receive presidential assent?

  • 30 August 2013
  • 12 September 2013
  • 1 April 2014
  • 29 August 2013 (correct)

When was the National Company Law Tribunal (NCLT) established?

  • 1 June 2016 (correct)
  • 1 April 2014
  • 29 August 2013
  • 12 September 2013

When did Section 1 of the Companies Act 2013 come into force?

  • 1 April 2014
  • 1 June 2016
  • 12 September 2013
  • 30 August 2013 (correct)

What did the Ministry of Corporate Affairs do in relation to private companies under the Companies Act 2013?

<p>Exempted them from the ambit of various sections (D)</p> Signup and view all the answers

What did the Companies Act 2013 do in relation to corporate executives in the information technology sector?

<p>Increased their responsibilities (A)</p> Signup and view all the answers

Flashcards

Companies Act 2013 Presidential Assent

The Companies Act 2013 received presidential approval on August 29, 2013.

NCLT Establishment Date

The National Company Law Tribunal (NCLT) was established on June 1, 2016.

Companies Act 2013 Section 1 Effective Date

Section 1 of the Companies Act 2013 became enforceable on August 30, 2013.

Private Company Exemption in Companies Act 2013

Private companies were exempted from certain regulations in the 2013 Act.

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IT Sector Executive Responsibilities

The 2013 Act increased the responsibilities of corporate heads in the IT sector.

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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.

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Description

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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