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FAQ - Company Law Act 2013

  1. What is the Company Law Act 2013?

    The Companies Act, 2013, passed by the Indian Parliament consolidates and amends the law relating to the companies. The new Act has introduced several concepts. For instance, the Companies Act 2013 Act has introduced a new concept of class action suits which can be initiated by shareholders against the company and auditors.The provisions of Companies Act, 1956 are still in force.