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actArchiveThursday, 29 August 2013

Companies Act, 2013

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

Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.

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

1 change recorded for this policy.

TypeSunday, 19 July 2026via historical
policy
act

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