Application of Companies Act in India

Angela Kathuria  3rd year law student from Gitarattan International Business School college INTRODUCTION  Though Section 1( 4) of the Companies Act is concerned with the conditions relating to the operation of Company law to colorful sectors, some aspects relating to fiscal statements, loans and investments, deposit acceptance, and so on don’t apply to certain sectors because they’re governed by the principle legislation that governs them. The Companies Act, 2013 countries in Section 1( 4) that the vittles of the Act relate to- pots formed under such an Act or any antedating company law;Insurance companies, except to the extent that the below vittles conflict with the Insurance Act, 1938 or the Insurance Regulatory and…