Companies Act, 2013
Primary corporate statute governing incorporation, corporate governance, financial statement disclosures, statutory audits, CSR compliance, and MCA filings in India.
Companies Act, 2013 (As Amended)
Statutory Corporate Architecture The Companies Act, 2013 sets the legal foundation for over 1.8 million active companies in India: - **Section 134**: Financial statements, Board Report, and Directors Responsibility Statement. - **Section 135**: Mandatory Corporate Social Responsibility (CSR) expenditure for entities meeting net worth or net profit thresholds. - **Section 139–148**: Appointment, tenure, qualifications, and rotation of Statutory Auditors. - **Section 447**: Severe penalties and prosecution for corporate fraud and misrepresentation.
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Statutory Details
The information, acts, rules, circulars, notifications, tax rates, and calculators provided in this Knowledge Bank are intended strictly for general educational and informational purposes. Laws, statutory rules, rate matrices, procedures, and statutory due dates may change through subsequent government notifications, official circulars, parliamentary amendments, or judicial rulings.
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