Question:
The Companies Act, 2013 passed by the Parliament received the assent of the President of India on _________.
The Companies Act, 2013 passed by the Parliament received the assent of the President of India on _________.
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Remember that while President's assent was on 29th August, 2013, the first set of 98 sections of the Companies Act, 2013 were notified and brought into effect on 12th September, 2013.
Updated On: Jul 7, 2026
- 30th of October, 2013
- 29th of August, 2013
- 1st of January, 2014
- 21st of December, 2013
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The Correct Option is B
Solution and Explanation
Step 1: Understanding the Question:
The question asks for the exact date on which the Companies Act, 2013, received the official assent of the President of India.
Step 2: Detailed Explanation:
• Enactment Timeline of Companies Act, 2013:
The Companies Bill, 2013, was passed by the Lok Sabha on 18th December, 2012.
It was subsequently passed by the Rajya Sabha on 8th August, 2013.
The Bill received the formal assent of the President of India, Pranab Mukherjee, on 29th August, 2013.
It was published in the Official Gazette on 30th August, 2013.
The Act came into force in stages, with several sections notified on various dates.
Step 3: Final Answer:
The President's assent was received on 29th August, 2013 (Option B).
The question asks for the exact date on which the Companies Act, 2013, received the official assent of the President of India.
Step 2: Detailed Explanation:
• Enactment Timeline of Companies Act, 2013:
The Companies Bill, 2013, was passed by the Lok Sabha on 18th December, 2012.
It was subsequently passed by the Rajya Sabha on 8th August, 2013.
The Bill received the formal assent of the President of India, Pranab Mukherjee, on 29th August, 2013.
It was published in the Official Gazette on 30th August, 2013.
The Act came into force in stages, with several sections notified on various dates.
Step 3: Final Answer:
The President's assent was received on 29th August, 2013 (Option B).
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