The Companies Act, 2013, is a comprehensive legislation in India that regulates the incorporation, functioning, and dissolution of companies. Enacted on August 29, 2013, the act replaced the Companies Act, 1956, and brought significant changes to corporate governance, disclosure norms, and compliance requirements.
The primary objective of the Companies Act, 2013, is to govern and regulate the functioning of companies in India. It aims to enhance transparency, accountability, and corporate governance, ensuring that companies operate in the best interests of shareholders and stakeholders.
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