Question

Which new concept was introduced and brought into effect by the Indian Companies Act, 2013?

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Answer 1

Answer:

thanks and regards for the same

Answer 2

Hey mate

Hey matethe Companies Act, 2013 has introduced the concept of “Dormant Company”. Where the company is formed and registered under this act for a future project, or to hold an asset or intellectual property and has no significant accounting transaction, it is a dormant company.

• Hope it helps you