Company Act

Companies Act is the act made to amend and consolidate the law relating to the formation & operation of a company.

Companies Act is the act made to amend and consolidate the law relating to the formation & operation of a company. It consists of all the rules, regulations, and procedures necessary for a company’s incorporation, operation, and closure. There are altogether 188 sections in this act. It first came into force on 2063-08-20.

Specification:
1.Registration of company, Documents required for the company, and securities
2.Operation of company, accounts, records, and Audit
3.Provision related to some specific types of company
4.Liquidation and cancellation of registration
5.Misconduct, offenses, and punishments

Source: Source: PDF Copy of Companies Act 2063, provided above was downloaded from Ministry of Industry, Commerce and Supplies.

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