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(1) The Companies Act, 2013 has superseded Companies Act,1956​

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ANSWER:

The 2013 Act is divided into 29 CHAPTERS containing 470 SECTIONS as against 658 Sections in the Companies Act, 1956 and has 7 schedules. The Act has replaced The Companies Act, 1956 (in a partial manner) after receiving the assent of the PRESIDENT of INDIA on 29 August 2013.

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