The changes in the 2013 Act have far-reaching implications that are set to significantly change the manner in which corporates operate in India. Companies Act 2013 regulates incorporation of a company, responsibilities of a company, directors, dissolution of a company . The Act came up with so many new concepts like One Person Companies (OPC), Women Directors, Corporate Social Responsibility, Registered Valuers, Rotation of Auditors, Class Action, Dormant Company, Fast Track Mergers, Serious Fraud Investigation Office.
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