COMPANIES ACT 2013: A NEW SAIL IN LLP REGIME?

Published On: 01/02/2015

Practice Area: Corporate & Commercial

Authors:

Avimukt Dar
Chitvan Bakshi
The Companies Act 2013 has shaken the way business was conducted in India. The governance ecosystem of the Companies Act, 1956 ("Old Act"), with its laissez faire approach to privately held companies, is now history. The Companies Act, 2013 is driven by three key objectives: