difference between- Indian companies act 1913, companies act 1956

This query is : Resolved 

29 April 2011

Dear Experts.

what is the difference between- Indian companies act 1913, companies act 1956...are these 2 separate Acts?

Please let me know.

Thanks in advance.

R.Ramachandran (Expert)
29 April 2011

Dear Mr. Basavaraj,
Obviously and without doubt, both are two distinct and separate Acts.
However the 1913 Act stands repealed with the enactment of 1956 Act. Please refer to Section 644 and Schedule XII of the 1956 Act.

Basavaraj (Querist)
29 April 2011

Thanks Mr.Ramachandran

If some Act is already existing and a new enactment is made, the new enactment contains the a repealing clause clearly making a mention about repealment of the said Act.

M/s. Y-not legal services (Expert)
29 April 2011

nice ramachandran sir.. from this kind of querys we, juniors learning something from you..

H.M.Patnaik (Expert)
01 May 2011

Dear Basavraj, The seniors have said it right. To be more precise the 1956 Act has taken over the 1913 Act on this branch of law and all Indian companies are governed by 1956 Act since it's promulagation ,

malipeddi jaggarao (Expert)
Click to Talk
01 May 2011

Thanks to Mr.Ramachandran

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