COMPANIES ACT 1956 ( PART-I )
Act No.1 of 1956
[18th January, 1956]
An Act to consolidate and amend the law relating to companies and certain other associations.
Comment: This is the basic law which governs the creation, continuation, the winding up of
companies and also the relationships between the shareholders, the company, the public and the
government. Coupled with other statutes dealing with corporate entities, this is an extremely
important piece of legislation.
Be it enacted by Parliament in the Sixth Year of the Republic of India.
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