<P> The Ministry of Company Affairs thereafter published a notification for exempting private companies from the ambit of various sections under the Companies Act . </P> <P> Companies Act 1956 was an Act of the Parliament of India, enacted in 1956, which enabled companies to be formed by registration, and set out the responsibilities of companies, their directors and secretaries . </P> <Ul> <Li> One Person Companies (OPC) sec 2 (62) </Li> <Li> Women Directors (second proviso to sec 149 (1) or 149 subsection read with rule 3 of companies (appointment and qualifications of directors rules, 2014) </Li> <Li> Corporate Social Responsibility </Li> <Li> Registered Valuers </Li> <Li> Rotation of Auditors </Li> <Li> Class Action </Li> <Li> Dormant Company sec 455 (1) </Li> <Li> Fast Track Mergers </Li> <Li> Serious Fraud Investigation Office </Li> </Ul> <Li> One Person Companies (OPC) sec 2 (62) </Li>

Regulatory provisions of accounting in indian companies act