Company Act are: 

1. The maximum efforts have been made to ensure the protection of interest of stakeholders and bringing transparency in the company’s working system. 

2. The duration for the first annual general meeting of the company is within 9 months. 

3. The maximum number of members for a private company has been increased to 200. 

4. If a company fails to pay 50% of its secured creditors it is assessed to be a sick company and 2013 Act contains provisions for revival and rehabilitation of such sick industries. 

5. Adequate provisions have been made to prohibit illegal insider trading. 

6. Under the Act of 2013, National Company Law Tribunal (NCLT) was constituted to take action against reported cases as well as to deal with the company problems. 

7. Central corporate law has made it compulsory for some special type of companies to at least have one female member. 

8. Allotted bonds by the company will not be included in the loan. 

9. For smooth operation of the company, E – management/e-governance has been introduced. 

10. The rules of prospectus have been made more stringent and effective to safeguard the issue of investors’ interest. 

11. OPC came into existence. 

12. The arrangement for the registration of the dormant company was also done in this act. 

13. A company can give 7.5% of the gross profit earned in the past 3 years as a donation to local parties. 

14. It is compulsory for every company to give 2% of their income in CSR. 

15. This act also provides for the registration of defunct companies.