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An Act to consolidate and amend the law relating to companies. The Companies Act 2013 (No. 18 of 2013) is an Act of the Parliament of India which forms the primary source of Indian company law. It received presidential assent on 29 August 2013, and largely superseded the Companies Act 1956. The Act was brought into force in stages.
Status: Repealed. The Companies Act 1956 was an Act of the Parliament of India, enacted in 1956, which enabled companies to be formed by registration, and set out the responsibilities of companies, their directors and secretaries. [1] It was repealed and replaced by the Companies Act 2013.
There are many types of business entities defined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole traders, limited liability companies and other specifically permitted and labelled types of entities. The specific rules vary by country and by state or province.
A full time Company Secretary in India is needed for a company with a capital of 10 crores or more to perform the following activities: [7] [4] [8] [9] Planning and facilitating Board of Director meetings. Acting as Registrar for a Company. Guiding the formation of new companies, mergers of companies, and liquidations of companies.
Website. www.icsi.edu. The Institute of Company Secretaries of India (ICSI) is a national professional body in India under the ownership of Ministry of Corporate Affairs, Government of India with the objective of promoting, regulating and developing the profession of company secretaries in India. [1] It is headquartered in New Delhi, has four ...
Harsh Malhotra, Minister of State for Corporate Affairs. Website. www.mca.gov.in. The Ministry of Corporate Affairs is an Indian government ministry primarily concerned with administration of the Companies Act 2013, the Companies Act 1956, the Limited Liability Partnership Act, 2008, and the Insolvency and Bankruptcy Code, 2016. [ 1 ]
With an estimated 1,428,627,663 residents in 2023, India is the world's most populous country. [ 14 ] 1,210,193,422 residents were reported in the 2011 provisional census report. [ 360 ] Its population grew by 17.64% from 2001 to 2011, [ 361 ] compared to 21.54% growth in the previous decade (1991–2001). [ 361 ]
www.icai.org. New Logo of CA India. The Institute of Chartered Accountants of India, abbreviated as ICAI, is India's largest professional accounting body under the administrative control of Ministry of Corporate Affairs, Government of India. It was established on 1 July 1949 as a statutory body under the Chartered Accountants Act, 1949 enacted ...
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