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Companies Act, 1956 #CompaniesAct,1956

  • It deals with issue, allotment and transfer of securities and various aspects relating to company management.
  • It provides for standards of disclosure in public issues of capital, particularly in the fields of company management and projects, information about other listed companies under the same management, and management perception of risk factors.
  • It also regulates underwriting, the use of premium and discounts on issues, rights and bonus issues, payment of interest and dividends, supply of annual report and other information.

 

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