Applicability

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 September 2014 Whether all provisions of the Companies Act
2013 is applicable in May,2014 CA Exam.

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Md.Zakir Hossain

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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25 September 2014 May 2014 exams? May 2014 exams are over.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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25 September 2014 Both Companies Act 1956 and Companies Act 2013 are applicable. Study from the supplementary study material issued by ICAI for Companies Act 2013.
Changes in LAW: 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---
http://220.227.161.86/32800bos-announ15mar14.pdf
Check out the supplementary study material issued by ICAI from link given below--
http://220.227.161.86/32794ssp-p2blec-ipcc.pdf

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