Question

State two features of New Company Act, 2013.

Answer 1

Answer:

Some features of companies Act 2013

Some of the Salient features of the CA2013 are as under:

Democracy of Shareholders: The CA2013 has introduced new concept of class action suits with a view of making shareholders and other stakeholders, more informed and knowledgeable about their rights.

Answer 2

Answer: Hope it helps you.

Explanation:

1)Class action suits for Shareholders: The Companies Act 2013 has introduced new concept of class action suits with a view of making shareholders and other stakeholders, more informed and knowledgeable about their rights.

2)More power for Shareholders: The Companies Act 2013 provides for approvals from shareholders on various significant transactions.

3)Women empowerment in the corporate sector: The Companies Act 2013 stipulates appointment of at least one woman Director on the Board (for certain class of companies).

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