The document presents on reforms in the Companies Act, 2013. It discusses how the new Act replaces the old Companies Act from 1956 and comprehensively governs listed and unlisted companies in India. Some key changes introduced include strengthening shareholder democracy and women's contribution in boardrooms, mandating corporate social responsibility, and establishing the National Company Law Tribunal for resolving corporate disputes. The new Act also aims to promote mergers and cross-border mergers, increase transparency through electronic modes, and improve disclosure norms and enforcement.

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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