Companies Act, 1956
Act of the Parliament of India, enabling companies to be formed by registration
From Wikipedia, the free encyclopedia
The Companies Act, 1956 was an Act of the Parliament of India, enacted in 1956, which enabled companies to be formed by registration, and set out the responsibilities of companies, their directors and secretaries.[1] It was repealed and replaced by the Companies Act 2013.
| Companies Act, 1956 | |
|---|---|
 | |
| Parliament of India | |
| |
| Citation | Act No. 1 of 1956 |
| Territorial extent | India |
| Enacted by | Parliament of India |
| Enacted | 18 January 1956 |
| Commenced | 1 April 1956 and amendment 2015 |
| Repeals | |
| Some provisions of the Act are still in force (as per Ministry of Corporate Affairs Website) | |
| Status: Repealed | |
History
The Act was administered by the Government of India through the Ministry of Corporate Affairs and the Offices of Registrar of Companies, Official Liquidators, Public Trustee, Company Law Board, Director of Inspection, etc. The Registrar of Companies (ROC) handles incorporation of new companies and the administration of running companies.
Since its commencement, it was amended many times, in which amendment of 1988, 1990, 1996, 2000 , 2011 & 2013 were notable.[2]
