A Comparative analysis of Companies Act 2013 with Companies Act 1956

The Indian Companies Act, 2013 marks a paradigm shift in India's corporate law regime, and has far reaching implications for both domestic Indian companies and overseas investors with a presence in India. This paper provides a brief analysis of some of the key changes that have been brought about by the 2013 Act which became largely effective on April 1, 2014. Some provisions, however, continue to remain inoperative and are likely to be made effective by the Indian government in due course. This piece makes it easier to understand the changes in the 2013 Act that affect multinational corporations having Indian companies or those looking to make investments in India.