Articles under Features Of Indian Companies Act 2013

In this blog post, I will discuss some of the key features and implications of the Indian Companies Act 2013, which replaced the Indian Companies Act 1956. I will also refer to some of the relevant case law and sections of the Act to illustrate the points.

The Indian Companies Act 2013 is a landmark legislation that regulates the incorporation, management, and dissolution of companies in India. The Act replaced the previous Companies Act 1956, which was outdated and inadequate to deal with the complexities of the modern corporate world. The Act aims to promote good governance, transparency, accountability, and social responsibility among companies, while also protecting the interests of various stakeholders, such as shareholders, creditors, employees, consumers, and the public. The Act consists of 29 chapters, 470 sections, and 7 schedules, covering various aspects of company law, such as: