A Comparative Analysis of Companies Act, 1956 and Companies Act, 2013 in India

Abstract

The Companies Act is a crucial legislation that governs the functioning and regulation of companies in India. This study provides a comprehensive comparative analysis of the Companies Act 1956 and the Companies Act 2013, highlighting the major changes and improvements brought about by the latter. The research examines the key provisions, corporate governance principles, compliance requirements, and legal framework under both acts. The findings shed light on the evolution of corporate laws in India and the significant enhancements made to promote transparency, accountability, and investor protection in the corporate sector.