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| Article Name : | | | COMPARATIVE ANALYSIS OF COMPANIES ACT, 2013 AND COMPANIES ACT, 1956 | | Author Name : | | | Pandit C. Bilamge | | Publisher : | | | Ashok Yakkaldevi | | Article Series No. : | | | ISRJ-356 | | Article URL : | |  | Author Profile | | Abstract : | | | The current economy has witnessed sea changes after the liberalisation. The information technology is playing a great role in the administration of all kinds of business houses. The current economic and regulatory environment in India needs effective law to suit the changing needs of companies. Constant efforts are being made to amend and adapt the laws to suit the demands of modern times. The existing companies Act 1956 has been amended several times to bring about changes required under present situations. As per records the present act has been amended 78 times to bring changes. Even then certain provisions are found to be outdated and inadequate. | | Keywords : | | - information technology
- business houses
- modern legislation
- globally compliant
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