04 January 2014
hello please tell me what is the probability of applicability of companies act 2013 in nov 2014 .. whether IND-AS will also be applicable if new companies act applies ?
06 January 2014
It is most likely that Companies Act 2013 will be applicable though its highly unlikely that IND AS will be applicable. Wait for official announcement by ICAI in this regard.
16 March 2014
ICAI has come out with the notification regarding the partial applicability of Companies Act 2013. 98 Notified section will be applicable for Nov 2014 exams.
The Central Government has notified 98 sections of the Companies Act, 2013 on 12th September, 2013. Accordingly, those 98 notified sections are applicable for November 2014 examinations corresponding to their bifurcation into the Intermediate (IPC) and Final Course(s), i.e. from these 98 sections, 53 sections have been included in the Paper – 2,Business Laws, Ethics and Communication, Intermediate (IPC)Course, and 45 have been included in the Paper- 4, Corporate and Allied Laws, Final Course.
For details of notification and supplementary study materials following link may kindly be seen----
CAclubindia
