Backgrounder on the Companies Act, 2013
The Companies Bill, 2012, on receiving the assent of Honorable President of India on August 29, 2013, was notified in the Gazette of India on August 30, 2013 as the Companies Act, 2013 (18 of 2013). The Section 1 of the Act has come into force from the date of the notification. Therefore, in this backgrounder, the words ‘Bill, 2012’ and ‘clause’ wherever they appear should be read as ‘Act, 2013’ and ‘section’ respectively.