Comprehensive Guide to the Companies Act, 2013 and Subsequent Amendments
The Companies Act, 2013, has undergone significant changes through various amendments and legislative updates to ensure its relevance and effectiveness in the evolving corporate landscape. This guide provides a detailed overview of the Act, incorporating the latest amendments, revised secretarial standards, and important regulatory updates.
Key Features and Amendments:
- Companies Act, 2013: The foundational legislation governing company law in India, detailing the incorporation, regulation, and dissolution of companies.
- Amendments by the Mediation Act, 2023: Introduces mechanisms for dispute resolution through mediation, emphasizing alternative dispute resolution to reduce litigation.
- Companies (Amendment) Act, 2020: Updates several provisions to improve corporate governance, compliance requirements, and ease of doing business.
- Exemption Notification under Section 31 of the IFSCA Act, 2019: Provides specific exemptions to companies operating within the International Financial Services Centres Authority (IFSCA) framework, facilitating international financial activities.
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