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Companies Act, 2013

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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 law replacing the Companies Act 1956. Introduced mandatory CSR spending (2% of net profits for qualifying companies), class action suits, one-person companies, and enhanced corporate governance norms.

Key Facts

TypeAct

SourceHistorical Record (Curated)

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

Key Stakeholders

Government Context

UPA IICongress-led UPA

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Explore Sectors

Finance & Economy671 tracked→Governance & Reform175 tracked→

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