Q: What were the contributions of companies act, 2013 ?

Ans: There were some loop holes in companies act, 1956.

Thus, the company act, 2013 was enacted and the major contributions of companies act 2013 are as follows: 

1. Strengthening Woman Contributions 

2. Corporate Social Responsibility 

3. National Company Law Tribunal

4. One Person Company

5. Independent Directors

6. Rotation of Auditors

7. Financial Year

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