Difference between moa company act 1956 and 2013
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.) This act was enacted in 1956 by Parliament of India on 1st April 1956 and Companies act 2013 was in year 2013 by Parliament of India on 1st April 2014.
2.) Companies Act 1956 was separated into 13 parts having 658 sections, along with 15 schedules where as Companies Act 2013 has been divided into 29 chapters along with 470 sections and 7 schedules.
3.) Companies Act 2013 consider some definitions which Companies act 1956 did not considered as of :
- Associate company
- Auditing standards
- CEO & CFO
- Independent director
- Small company
- Promoter
- Related party
- Global Depository receipt
- Key managerial.
HOPE U GET UR ANSWER..
2.) Companies Act 1956 was separated into 13 parts having 658 sections, along with 15 schedules where as Companies Act 2013 has been divided into 29 chapters along with 470 sections and 7 schedules.
3.) Companies Act 2013 consider some definitions which Companies act 1956 did not considered as of :
- Associate company
- Auditing standards
- CEO & CFO
- Independent director
- Small company
- Promoter
- Related party
- Global Depository receipt
- Key managerial.
HOPE U GET UR ANSWER..
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