Transcription of BACKGROUNDER - ICSI
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BACKGROUNDERFAQsonSection 8 Companies(The Companies Act, 2013 Series)AUGUST 2016 PRICE : Rs. 200/- THE INSTITUTE OF COMPANY SECRETARIES OF INDIAAll rights reserved. No part of this publication may be translated orcopied in any form or by any means without the prior written permissionof The Institute of Company Secretaries of due care and diligence have been taken in the publicationof this book, the Institute shall not be responsible for any loss ordamage, resulting from any action taken on the basis of thecontents of this book.
Companies Act of 1956 was passed. The Companies Act of 1956 came into force from 1st April, 1956 and was largely based on the English Companies Act of 1948. Section 25 of Companies Act, 1956 was introduced for such companies based on English Companies Act 1948. Bhaba committee also recommended to permit partnership firms (though not a legal
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