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ActArchiveThursday, 29 August 2013

Companies Act, 2013

Cite this

Citations are auto-generated; verify before publishing. The act classification is PolicyDhara's, not the source's.

Central or state Act — primary legislation passed by the legislature. Carries binding force and shapes the rules under which citizens, institutions, and markets operate.

Summary

Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.

Key Facts

TypeAct
SourceHistorical Record
PublishedThursday, 29 August 2013
Affected Population1.4 billion citizens, 63 million MSMEs

Key Numbers

GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
20 million central + state government employees

Key Authorities

Ministry of FinanceRBISEBIDEAPMO

Key Stakeholders

TaxpayersBanks & NBFCsInvestorsCivil ServantsState GovernmentsJudiciary

Government Context

UPA IICongress-led UPA
Centre-Left
LeftCentreRight

Amendment History

22 changes recorded for this policy.

TypeSunday, 19 July 2026via historical
policy
act
SectorsTuesday, 11 August 2026via historical
Governance & Reform
Finance & Economy, Governance & Reform
DescriptionWednesday, 7 October 2026via pib_competition_commission_of_india
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
Government of India press release: Commerce and Industry Minister Shri Piyush Goyal Holds Meetings with Leading U.S. Companies in New York to Strengthen India–U.S. Trade and Investment Ties
DescriptionWednesday, 7 October 2026via pib_tourism
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
Government of India press release: Commerce and Industry Minister Shri Piyush Goyal Holds Meetings with Leading U.S. Companies in New York to Strengthen India–U.S. Trade and Investment Ties
DescriptionWednesday, 7 October 2026via pib_national_financial_reporting_authority
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
Government of India press release: Commerce and Industry Minister Shri Piyush Goyal Holds Meetings with Leading U.S. Companies in New York to Strengthen India–U.S. Trade and Investment Ties
DescriptionWednesday, 7 October 2026via pib_national_security_council_secretariat
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
Government of India press release: Commerce and Industry Minister Shri Piyush Goyal Holds Meetings with Leading U.S. Companies in New York to Strengthen India–U.S. Trade and Investment Ties
DescriptionWednesday, 7 October 2026via pib_upsc
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
Government of India press release: Commerce and Industry Minister Shri Piyush Goyal Holds Meetings with Leading U.S. Companies in New York to Strengthen India–U.S. Trade and Investment Ties
DescriptionWednesday, 7 October 2026via pib_lokpal_of_india
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
Government of India press release: Commerce and Industry Minister Shri Piyush Goyal Holds Meetings with Leading U.S. Companies in New York to Strengthen India–U.S. Trade and Investment Ties
DescriptionWednesday, 7 October 2026via pib_national_human_rights_commission
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
Government of India press release: Commerce and Industry Minister Shri Piyush Goyal Holds Meetings with Leading U.S. Companies in New York to Strengthen India–U.S. Trade and Investment Ties
DescriptionWednesday, 7 October 2026via pib_eac_pm
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
Government of India press release: Commerce and Industry Minister Shri Piyush Goyal Holds Meetings with Leading U.S. Companies in New York to Strengthen India–U.S. Trade and Investment Ties
DescriptionWednesday, 7 October 2026via pib_ifsc_authority
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
Government of India press release: Commerce and Industry Minister Shri Piyush Goyal Holds Meetings with Leading U.S. Companies in New York to Strengthen India–U.S. Trade and Investment Ties
DescriptionThursday, 8 October 2026via pib
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
Government of India press release: Commerce and Industry Minister Shri Piyush Goyal Holds Meetings with Leading U.S. Companies in New York to Strengthen In...
DescriptionThursday, 8 October 2026via state_pib_karnataka
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
Government of India press release: Commerce and Industry Minister Shri Piyush Goyal Holds Meetings with Leading U.S. Companies in New York to Strengthen In...
DescriptionThursday, 8 October 2026via state_pib_punjab
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
Government of India press release: Commerce and Industry Minister Shri Piyush Goyal Holds Meetings with Leading U.S. Companies in New York to Strengthen In...
DescriptionThursday, 8 October 2026via business_line
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
ITC will also be allowed when businesses buy and resell certain services in the same line of business. This includes restaurant and catering services, hotel rooms costing up to ₹7,500 a night, and fitness services
DescriptionFriday, 9 October 2026via rbi
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
On the basis of assessment of current market conditions, Reserve Bank of India has decided to open a special window to meet the entire daily dollar requirements of three public sector oil marketing companies (OMCs), viz. Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited and Bharat Petroleum Corporation Limited. Under the facility, the Reserve Bank will undertake sale of USD to the public sector OMCs through designated bank/s. The facility will come in effect from October 12
DescriptionSaturday, 10 October 2026via business_line
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
ITC will also be allowed when businesses buy and resell certain services in the same line of business. This includes restaurant and catering services, hotel rooms costing up to ₹7,500 a night, and fitness services
DescriptionSunday, 11 October 2026via business_line
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
ITC will also be allowed when businesses buy and resell certain services in the same line of business. This includes restaurant and catering services, hotel rooms costing up to ₹7,500 a night, and fitness services
DescriptionSunday, 11 October 2026via business_line
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
ITC will also be allowed when businesses buy and resell certain services in the same line of business. This includes restaurant and catering services, hotel rooms costing up to ₹7,500 a night, and fitness services
DescriptionSunday, 11 October 2026via ndtv_india
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
The Telangana Cyber Security Bureau has registered a case against three telemarketing companies following allegations of unauthorised transmission of fraudulent commercial SMSes
DescriptionTuesday, 13 October 2026via the_hindu_policy
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
Anbumani alleges that the authority has moved with ‘lightning speed’ to reduce buffer zone around the Pallikaranai marsh in order to protect the interests of construction firms. He demands that the government notify all wetlands across the State
DescriptionTuesday, 13 October 2026via business_line
Comprehensive overhaul of corporate governance law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profit), class action suits, one-person companies, and enhanced auditor accountability.
Before 2019, the government levied a charge of around ₹9 per kg on poultry brought into the region, which farmers say provided some protection against supplies from larger producers in other States

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