Study on Administration of Company Law in India | Original Article

ABSTRACT:

Organizations assume a critical part in a nation's economy and make an exceptional commitment to public turn of events. The working of organizations influences all features of public life. In a blended economy, the public authority's major financial strategies are executed through corporate area. A cutting edge company has expected the personality of a significant financial establishment and public everywhere is fundamentally inspired by its exercises. It should work not just as a monetary machine planned to produce benefits for its investors, yet rather as an organization which has a social obligation to an assortment of interests. A company's activity should be helpful for the monetary development of the country and for that reason a far reaching component is given as the Companies Act, 1956 for controlling corporate issues. The essential object of this paper is to give an overall review of the law identifying with organizations as contained in the Companies Act, 1956 with its different Amendments.