1. TYPES OF COMPANIES
a) 1956 (i) Private (ii) Public
b) 2013 (i) Private (ii) Public (iii) One Person Company.
2. MAXIMUM NUMBER OF MEMBERS IN PRIVATE COMPANY
a) 1956- Maximum of 50 members
b) 2013- it can have a maximum of 200 members
3. Commencement of business Certification
a) 1956- applicable only to public companies
b) 2013- now applicable to all companies having share capital
4. Object Clause of MOA
a) 1956- divided into Main objects, ancillary objects and other objects.
b) 2013- to contain all objects for which the company is proposed and the matters considered necessary in furtherance thereof.
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