Features of New Companies Act 2013 are:
1. maximum effort has been made to ensure the protection of stakeholders by making the rules more harsh and efficient.
2. The maximum number of members has been increased to 200 from 50.
3. The duration of the first annual general meeting of the company has been reduced from 18 to 9 months.
4. For smooth operation of the company, the New Company Act 2013 encourages the provision of e – management/e-governance.
