discuss about new company act2013 and old company act provision

1. PRESENTATION ON
REFORMS IN
COMPANIES ACT,2013
PRESENTED TO:- PRESENTED BY :
Dr. HIMANI SHARMA AMARJEET
15103046
M.COM(F)

2. INDIAN COMPANIES ACT,2013
• The new Companies Act is replacing old
companies Act ,1956.
• The CA2013 makes comprehensive provisions
to govern all listed and unlisted companies in
INDIA
• The CA2013 is made effective in 12
September,2013.

3. SALIENT FEATURES OF CA2013
Democracy of Shareholders
Supremacy of shareholders
Strengthening Women Contribution through
Board Room
Corporate Social Responsibility
National Company Law Tribunal

4. Continue.......
Fast Track Mergers
Cross Border Mergers
Increase in number of shareholder
Limit on maximum Partners
One Person Company

5. Continue.........
Electronic Mode
Restriction on Composition
Independent Directors
Serving Notice of Board Meeting
Duties of Directors defined

6. Continue.........
 Liability on Director and Officers
 Rotation of Auditors
 Auditors performing Non-Audit Services
 Financial Year

7. SIGNIFICANT CHANGES
• Aligning Listing Agreement with the
Companies Act, 2013
• Restricting number of independent
Directorships.
• Maximum tenure of Independent Directors
• Board-Mix Criteria Refined
• Role of Audit Committee enhanced

8. Continued…….
• Improved disclosure Norms
• E-voting mandatory for all listed companies
• Enforcement
• Industry impact

9. References
• www.ijoart.org Companies Act 2013
• www.mondaq.com Indian Companies Act,
2013 – a new beginning
• www.lawctopus.com Companies Act,2013:
New Ideas Academike

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