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Confused about company law

Priya Sharma (Student) (35 Points)

13 March 2014

I have old study material of Company Law of ICSI, today I visited ICSI and inquired about new study material i.e. New Company Law 2013, but the institute have no idea about that, they are selling study material updated till dec 2012.

I am confused whether I should prepare with old company law study material or wait for institute to publish new study material (of company law 2013).

Please advise keeping in view of December 2014 examinations.

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7 Replies

(Guest)

new companies act 2013 is not applicable for June 2014 exams. Its not applicable even to CA exams. The reason is, even though the act has been get passed in both the houses of parliement it has not been notified by the central govermnet in the official gazette till date. Once Central goverment notifies the new act it will be applicable after 6 months to all the exams. So far as June 2014 exam is concerned, read the old companies act 1956 only. All the best. i hope your query is solved.

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Charusheela Taldeokar (Management Trainee in CS firm_ CS Final) (396 Points)
Replied 14 March 2014

Dear Priya,

Companies Act, 1956 applicable upto June 2014 session so u can do study with the old one. but I think in December 2014 session new companies act is applicable.