Applicablity of companies act 2013 for a public company

Co Act 2013 470 views 1 replies

Kindly provide the Sections of Companies Act 2013 applicable for an Electricity Genrating and Supplying Company registered under Companies Act 1956

Replies (1)

The 2013 Act is applicable to electricity companies also except to the  extent that the same is inconsistent with Electricity Act [Ref.Sec.1(4)(d)].

Sec.129(1) of the 2013 Act is not applicable to such companies since a separate form of financial statements is prescribed under Electricity Act.

 


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