This paper attempts to find the key features of a company along with changes taken place in companies Act 2013 with respect to all other previous companies Act. This paper also discusses the new concept given in companies act such as OPC, women director, CSR etc.

In the end this paper concludes that, the changes made in present companies act are indeed for betterment provided it is implemented in letter and spirit by all the stakeholders involved such as director, members, manager and shareholders.

This paper also examines the reason as to why such changes were needed.

KEYWORDS: Body corporate, corporate governance, CSR, OPC