The Companies Act 2013 is an Act of the Parliament of India which regulates the incorporation, formulation and functioning of companies India. The Companies Act 2013 is the replacement of Indian Companies Act, 1956. The Act makes comprehensive provisions to govern all the listed and unlisted companies of the country. The Companies Act 2013 empowers shareholders and highlights higher value for corporate Governance. The Act was introduced with the objective of meeting the changed national, international and economic environment and to accelerate the expansion and growth of the economy in India. Another factor behind the introduction of Companies Act 2013 was to make companies more accountable. In comparison to Companies Act 1956, Companies Act 2013 is much progressive. With effect from 1st April 2014, the Act has introduced significant changes to streamline all the legal processes of the companies from e - management to compliance to auditors, mergers and acquisitions. The Presentation will throw light into the details of this Act.

Aparika Sharma

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