https://www.taxtmi.com/article/detailed?id=13269 The Companies Act, 2013 replaced the 1956 framework and restructured corporate regulation by introducing new corporate forms and governance duties, mandating Corporate Social Responsibility, creating key managerial and valuation roles, strengthening independent director and auditor regimes, and establishing specialized tribunals and special courts. The Act significantly relies on Central Government rule making powers to prescribe detailed procedures for incorporation, accounts, audits, winding up, filings and penalties, thereby increasing the scope and complexity of subordinate rules and administrative compliance. en-us Tue, 31 Dec 2024 16:57:00 +0530 Tue, 31 Dec 2024 16:59:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13269 The Companies Act, 2013 replaced the 1956 framework and restructured corporate regulation by introducing new corporate forms and governance duties, mandating Corporate Social Responsibility, creating key managerial and valuation roles, strengthening independent director and auditor regimes, and establishing specialized tribunals and special courts. The Act significantly relies on Central Government rule making powers to prescribe detailed procedures for incorporation, accounts, audits, winding up, filings and penalties, thereby increasing the scope and complexity of subordinate rules and administrative compliance. Articles Corporate Laws / IBC / SEBI Tue, 31 Dec 2024 16:57:00 +0530 https://www.taxtmi.com/article/detailed?id=13269