Applicability of The Companies Act, 2013



Quick Summary
The Companies Act, 2013, applies to companies incorporated under it or previous company laws. It also covers insurance, banking, and electricity generation/supply companies, with specific exceptions if their operations are governed by separate acts like the Insurance Act, Banking Regulation Act, or Electricity Act. The Act extends throughout India and its provisions can be brought into force on different dates.

There is a certain question that comes to mind about which type of companies are covered in The Companies Act, 2013. Those companies already registered in previous companies law i.e. The Companies Act, 1956. Companies that are covered under the Companys Actare: Insurance Companies Banking Companies Companies like generation or supply of electricity There is a certain exception given to the above companies if they are registered under certain acts respectively Insurance Act,
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