Is Companies Act 1956 still applicable?

As per notification of the Ministry of Corporate Affairs (MCA), the Companies Act of 1956 was repealed from 30th January 2019. The Companies Act 2013 replaced the Companies Act, 1956. The Companies Act of 1956 was amended many times after it came into force. You can read about the Companies Act 2013 – Indian Companies Act Definition, Companies Act 1956 in the given link.

Further readings:

  1. Insolvency And Bankruptcy Code (IBC) – IBC Amendment Bill 2021 
  2. Reserve Bank of India (RBI) – Functions and Composition

Leave a Comment

Your Mobile number and Email id will not be published. Required fields are marked *