Synopsis
- Bird’s Eye View of Corresponding Provisions in The Companies Act, 2013 and The Companies Act, 2013
- Highlights of Changes in the Companies Act, 2013 vis-à-vis The Companies Act, 1956
Birds’s Eye View of Corresponding Provisions in The Companies Act, 2013 and The Companies Act, 2013
Heading | The Companies Act, 2013 | The Companies Act, 1956 | Highlights of Changes |
Books of Accounts, etc. to be kept by Company | Section 128 | Sections 209 and 214 |
|
Financial Statement | Section 129 | Sections 210 and 211 |
|
Financial Year of Subsidiary | — | Section 212 |
|
Re-opening of Accounts on Court or Tribunal’s Orders | Section 130 | — |
|
Voluntary Revision of Financial Statements or Board’s Report | Section 131 | — |
|
Constitution of National Financial Reporting Authority | Section 132 | Section 210A [NACAS] |
|
Central Government to prescribed Accounting Standards | Section 133 | Section 211(3C) |
|
Financial Statement, Board’s Report, etc | Section 134 | Section 215, 216 and 217 |
|
Corporate Social Responsibility | Section 135 | — |
|
Right of Member to Copies of Audited Financial Statement | Section 136 | Section 219 | |
Copy of Financial Statement to be Filed with Registrar | Section 137 | Section 220 | |
Internal Audit | Section 138 | — |
|