An Analysis of Companies Act, 2013
School of Law, KIIT (Deemed to be University), Bhubaneswar, India.
Volume II – Issue II, 2020
Companies Act 2013 was introduced and became a benchmark legislation This act of Companies Act 2013 is more outward looking and was framed basically so that to improve and to bridge the gap and the differences which would be in Companies Act 1956. Companies Act 2013 was made with the view that transparency level can be raised, interests of the investors can be protected, efforts were made so that we can align with international requirements. In companies act, 2013 efforts were also made so that corporate governance norms are strictly complied with. This article will focus on Companies act, 2013, rationale behind introducing companies act 2013 and comparison between Companies act 2013 and Companies act 1956 and will also highlight the concept of corporate governance and Insider trading.