With the tremendous growth of trade, commerce and industry and developing trends in Indian economy, the law related to companies has gained sufficient primacy over the years.
In this book, an attempt has been made to encapsulate the maior changes that have been introduced in the Companies Act, 1956 by the recently enacted Companies Act, 2013 (18 of 2013), which provides a better framework for an effective enforcement of law relating to companies in India. The legal implications of the various changes and new concepts have been examined critically and analysed in minute details alongwith relevant judicial pronouncements so as to make the subject material more readable and fascinating.
The Companies Act, 2013 seeks to ensure greater accountability, effective investor protection mechanism, e-governance and enforcement of corporate social responsibility to meet the challenges of intensely competitive global and domestic business environment and enormous pressure on business organisations to be responsive to the rapidly changing corporate culture. This edition also include the latest amendments laid in companies act alongwith recent case laws.
It may reasonably be hoped that the Book will be found useful by the company law administrators, practitioners and those who deal with companies and commercial enterprises as also to the member of the legal fraternity.