Q: Difference between Companies Act, 2013 and Companies Act, 1956 ?

Ans:  The Companies act 2013 comprises of 470 sections ,29 chapters and 7 schedules.

The Companies Act, 2013 repeals the Previous Companies act, 1956.

The 188 sections of Companies act, 1956 has been dropped in the Companies Act, 2013.

The companies act, 1956 comprises of 658 sections and 188 sections have been dropped.The companies act, 1956 comprises of 13 parts and 15 schedules and 658 sections whereas companies act, 2013 comprises of 29 chapters, 470 sections and 7 schedules.

The Parliament of India is the supreme legislative body of the Republic of India. It is a bicameral legislature composed of the president of India and two houses: the Rajya Sabha and the Lok Sabha.

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