An Analytical Study of Companies Act 2013

Any law in force in a country indicates its social, economic and political position. Law is considered to be the measure by which a country’s progress is taken into account. India has adopted Companies Act, 2013 in place of the Companies Act, 1956 considering the changing needs of the society and to facilitate the ease of business. In this paper, an attempt is made to bring out the comparative picture of Companies Act 2013. This paper throws some light on the framework of companies Act 2013 and the rapid challenges faced by country and also to understand the basic concepts of companies act 2013 and its application