Why was the Companies Act 2013 introduced?

The Companies Act 2013 was introduced to improve corporate governance and ease the process of doing business in India by providing business-friendly corporate regulation. 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

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