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Consider the following statements regarding New Companies Act 2013 1 It...

This question belongs to Commerce Legal Aspects Of Business
Legal Aspects of Business
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Consider the following statements regarding New Companies Act, 2013.
1. It replaced the Companies Act, 1956.
2. It has introduced concept of one person company.
3. It mandates corporate social responsibility for select class of companies.
Identify the correct statement.

Answer & Solution
Correct Answer: Option D
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