Kalpesh Chauhan, (Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com)) (8311 Points)
16 June 2014I WOULD LIKE TO KNOW APPLICABILITY OF COMPANIES ACT 2013 FOR CA FINAL PAPER 4 - CORPORATE AND ALLIED LAWS AS WELL AS OTHER APPLICATION OF COMPANIES ACT RELATING TO PAPER 1 FINANCIAL REPORTING AND PAPER 3 ADVANCED AUDITING & PROFESSIONAL ETHICS.
1. WHETHER ONLY COMPANIES ACT, 2013 WILL BE APPLICABLE FOR NOVEMBER 2014 EXAM ?
2. WHETHER BOTH COMPANIES ACT, 1956 AND COMPANIES ACT, 2013 WILL BE APPLICABLE ? I AM VERY MUCH IN DILEMA REGARDING WHICH ACT TO STUDY FOR NOVEMBER 2014 EXAMINATION
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 16 June 2014
Applicability of notified sections of the Companies Act, 2013 for November 2014 Exam
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.
Download ICAI Notification in this regard from the link below:
https://220.227.161.86/32800bos-announ15mar14.pdf
Thanks
Ankur
Varun
(CA Final)
(210 Points)
Replied 16 June 2014
ICAI Announcement- https://220.227.161.86/33530bos23144nov14.pdf
"It is also clarified that along with the applicable sections of the Companies Act,
2013, the remaining provisions of the Companies Act, 1956, if any, would
continue to apply for November 2014 examinations."
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