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Standard XI
Business Studies
Statutory Corporations and Its Features
The companies...
Question

The companies are governed by the Companies Act _________.

A
1956
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B
1936
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C
2013
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D
1856
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Solution

The correct option is D 2013
Companies Act 2013. An Act to consolidate and amend the law relating to companies. The Companies Act 2013 is an Act of the Parliament of India on Indian Company Law which regulates incorporation of a company, responsibilities of a company, directors, dissolution of a company.

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