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The Companies Act, ________ is an Act to consolidate and amend the law relating to companies.
Question

The Companies Act, ________ is an Act to consolidate and amend the law relating to companies.

A.

2020

B.

2005

C.

2013

D.

2017

Correct option is C

The correct answer is: (c) 2013
Explanation:
· The Companies Act, 2013 was enacted by the Parliament of India to replace the earlier Companies Act of 1956.
· It governs incorporation, regulation, responsibilities, and dissolution of companies in India.
· The 2013 Act introduced important changes like Corporate Social Responsibility (CSR), National Company Law Tribunal (NCLT), and one-person companies.
Information Booster:
· Passed on: 29 August 2013; came into effect in phases starting 1 April 2014.
· Replaced most parts of Companies Act, 1956.
· Divided into 29 chapters with 470 sections (initially).
· Regulates both private and public companies in India.
· Administered by the Ministry of Corporate Affairs (MCA).

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