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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 It received presidential assent on 29 August 2013, and largely superseded the Companies Act 1956.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.
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The main law regulating Private Limited Companies is the Companies Act 2013. [ 21 ] Prior to 2015, the shareholders (known as members) had to pay a minimum of ₹ 1 lakh (equivalent to ₹ 1.5 lakh or US$1,800 in 2023) as a subscription amount to incorporate a private limited company. [ 22 ]
The Amendment Act (21 of 2015), passed to consolidate and amend the 2013 Companies Act, received assent from the President of India on 25 May 2015, and contained 23 sections. Official notice was published in the Gazette of India , [ 2 ] specifying 29 May as the date on which sections 1–13 and 15–23 of the act would come into force.
[54] [55] [56] As Ceylon's two main parties, the UNP and Sri Lanka Freedom Party (SLFP), introduced policies which further discriminated against the country's minorities, such as the Sinhala Only Act which made the Sinhala language the sole official language of Ceylon, ITAK's Tamil nationalism became more popular than the ACTC's conservatism ...
Sinhala (/ ˈ s ɪ n h ə l ə, ˈ s ɪ ŋ ə l ə / SIN-hə-lə, SING-ə-lə; [2] Sinhala: සිංහල, siṁhala, [ˈsiŋɦələ]), [3] sometimes called Sinhalese (/ ˌ s ɪ n (h) ə ˈ l iː z, ˌ s ɪ ŋ (ɡ) ə ˈ l iː z / SIN-(h)ə-LEEZ, SING-(g)ə-LEEZ), is an Indo-Aryan language primarily spoken by the Sinhalese people of Sri Lanka, who make up the largest ethnic group on the ...
A Florida man is accused of killing his estranged girlfriend by stabbing her up to 70 times during a break-in Friday – exactly one month after he was nabbed for assaulting the victim and ordered ...
According to Section 132 of the Companies Act 2013, "NFRA is responsible for recommending accounting and auditing policies and standards in the country, undertaking investigations, and imposing sanctions against defaulting auditors and audit firms in the form of monetary penalties and debarment from practice for up to 10 years." [4]