Volume : IV, Issue : XII, December - 2014

Impact on Share Holders Wealth and Interest: Analysis of Company Act, 2013 & Company Act, 1956

Jiban Kumar Parida

Abstract :

To achieve economic growth of the countries like India which needs to formulate a better governance framework to counter the current globalised & growing market’s challenges, difficulties and increasing responsibilities/ duties for the investor, stakeholder & society . For Indian point of view, Company Act, 2013 is making the first move for better governance and positive atmosphere in Indian business environment by introducing various provisions rules and regulation like enhance self–regulation, increasing the levels of transparency and protect interests of small investors, improve governance norms, enhance the corporate and auditor’s accountability and a good legislative attempt to compete with international governance standard. This paper is focused on the impact and analysis of shareholder’s interest & investor’s wealth protection by compÃ¥ the two major companies act i.e. Companies Act 1956 & the recently introduced Companies Act 2013.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Jiban Kumar Parida Impact on Share Holder’s Wealth and Interest: Analysis of Company Act, 2013 & Company Act,1956 Indian Journal of Applied Research, Vol.4, Issue : 12 December 2014

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