The document outlines key changes and provisions in the Companies Act 2013, which regulates the incorporation and dissolution of companies in India. It received assent from the Lok Sabha and Rajya Sabha in late 2012 and 2013. The Act includes provisions related to governance, e-management, and reduces some content as compared to the previous Companies Act of 1956. It also defines new company types like One Person Company and Small Company, and roles like Key Managerial Personnel, Promoter, and Independent Director. The Act covers auditing, including audit rotation, standards, non-audit services, internal audit, secretarial audit, and audit of cost items.

1. Presented By:
Eshant Sharma

2. Reduction in content of some portion as compared to Companies Act 1956
Companies bill 2013 is now Companies Act 2013
Changes in provisions related to governance, e-management etc
Got assent in Lok Sabha on December 18, 2012 & in Rajya Sabha on August 8, 2013
Regulates incorporation of company, dissolution of company
470
Clauses
29
Chapters

3. One Person
Company
Small
Company
Private
Company
Dormant
Company

4. Officer
Key Managerial Personnel
Promoter
Independent director

5. Audit
Rotation
Auditing
standards
Non-Audit
services
Internal
Audit
Secretarial
audit
Audit of
items of cost