Companies Act, 2013: An Analysis of Key Rules

Abstract

The Companies Act, 2013 is landmark legislation with far reaching consequences on all companies incorporated in India. The Act, 2013 is more outward looking and attempts to align with international requirements. It is expected to set the tone for a more modern legislation which enablesgrowth and greater regulation of the corporate sector in India. The 2013 Act has been developed with a view to enhance self–regulation, improve corporate governance norms, enhance accountability on the part of corporates and auditors, raise levels of transparency and protect interests of investors, particularly small investors. This paper is focused on the provisions of Companies Act, 2013 & analysis of the key changes.