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Companies Act, 2013

The principal statute governing incorporation, governance, financial reporting, audits, and dissolution of companies in India.

Versions and amendment history

Original Act, amendments and notices

  1. Original ActVersion 1Current versionLegacy – pending validationIn force · In force from the start · Published 13 Nov 2026

Official text

Verbatim from the Gazette

  1. S. 134 Financial statement & Board's report

    The Board's report must be attached to financial statements and disclose prescribed matters including director responsibility.

    Obligations under this section

    • Director's Responsibility Statement mandatory.
    • Disclosure of material changes and CSR policy.
    • Signed by the chairperson or two directors.

  2. S. 135 Corporate Social Responsibility

    Companies meeting prescribed thresholds must spend at least 2% of average net profits on CSR activities.

    Obligations under this section

    • Applies if net worth ≥ ₹500 cr, turnover ≥ ₹1000 cr or profit ≥ ₹5 cr.
    • Constitute a CSR Committee.
    • Unspent amounts to be transferred to a fund.

  3. S. 138 Internal audit

    Prescribed classes of companies must appoint an internal auditor to conduct internal audit of functions and activities.

    Obligations under this section

    • Mandatory for listed and large companies.
    • Auditor may be CA, cost accountant or other professional.
    • Scope determined by Audit Committee.

  4. S. 447 Punishment for fraud

    Any person found guilty of fraud is punishable with imprisonment and fine which may extend to three times the amount involved.

    Obligations under this section

    • Imprisonment 6 months to 10 years.
    • Fine up to 3x the amount involved in fraud.
    • Non-compoundable if public interest involved.

Compliance Rules

0 rules
No compliance rules mapped for this Act yet.

Consumable API

JSON endpoints. Read access is open; no key is needed.

# Fetch the full law as JSON
curl http://backend.laac-dev.local:8000/laac-api/v1/laws/companies-act-2013

# Just the penalty schedule
curl http://backend.laac-dev.local:8000/laac-api/v1/laws/companies-act-2013/penalties

# A specific provision
curl http://backend.laac-dev.local:8000/laac-api/v1/laws/companies-act-2013/provisions/s134