Companies Act, 2013
E460888
The Companies Act, 2013 is India’s primary corporate legislation that modernizes and regulates the incorporation, governance, and functioning of companies in the country.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| Companies Act of India | 1 |
Statements (51)
| Predicate | Object |
|---|---|
| instanceOf |
Indian parliamentary statute
ⓘ
company law ⓘ corporate governance legislation ⓘ |
| administeredBy | Ministry of Corporate Affairs, Government of India NERFINISHED ⓘ |
| amendedBy |
Companies (Amendment) Act, 2015
NERFINISHED
ⓘ
Companies (Amendment) Act, 2017 NERFINISHED ⓘ Companies (Amendment) Act, 2019 NERFINISHED ⓘ Companies (Amendment) Act, 2020 NERFINISHED ⓘ |
| assentDate | 2013-08-29 ⓘ |
| assentedBy | President of India NERFINISHED ⓘ |
| containsProvisionOn |
auditors and audit standards
ⓘ
board composition and duties ⓘ compromises, arrangements and reconstructions ⓘ corporate social responsibility ⓘ disqualification of directors ⓘ fraud and penalties ⓘ inspection, inquiry and investigation ⓘ issue and transfer of securities ⓘ maintenance of books of account ⓘ mergers and amalgamations ⓘ prevention of oppression and mismanagement ⓘ producer companies ⓘ registered valuers ⓘ related party transactions ⓘ removal and resignation of auditors ⓘ winding up of companies ⓘ |
| country | India ⓘ |
| CSRRequirement | certain companies must spend at least 2% of average net profits on CSR activities ⓘ |
| enactedBy | Parliament of India NERFINISHED ⓘ |
| establishes |
National Company Law Appellate Tribunal
NERFINISHED
ⓘ
National Company Law Tribunal NERFINISHED ⓘ Serious Fraud Investigation Office NERFINISHED ⓘ |
| fullyOperationalBy | 2014 ⓘ |
| governs |
one person companies in India
ⓘ
private companies in India ⓘ public companies in India ⓘ |
| introducesConcept |
class action suits by shareholders
ⓘ
corporate social responsibility obligations ⓘ dormant company ⓘ independent directors ⓘ one person company ⓘ small company ⓘ woman director requirement for certain companies ⓘ |
| longTitle | An Act to consolidate and amend the law relating to companies ⓘ |
| partiallyCommencedOn | 2013-09-12 ⓘ |
| primaryPurpose |
regulate corporate governance of companies in India
ⓘ
regulate incorporation of companies in India ⓘ regulate management and winding up of companies in India ⓘ |
| replaces | Companies Act, 1956 NERFINISHED ⓘ |
| scope | applies to companies incorporated under this Act or any previous company law in India ⓘ |
| yearOfEnactment | 2013 ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Companies Act of India