Applicability of chapter x of co. act 2013

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Vaibhav Goel (Querist)
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01 March 2014 Hi,
if a new company (incorporated in Feb,2014) needs to appoint first auditor will it follow the Section 224(5) of Co. Act 1956 or Section 139 of Chapter X Co. Act 2013, also how many sections of the Companies Act 2013 have been implemented until 1st March 2013 (and by implemented i mean signed & approved by the president)also if possible can u share a link of the above mentioned sections approved and posted on government information sites

Thanks in advance :) and i'll make sure to thank you after too ;)

CS Arpita Rajpurohit

CS Arpita Rajpurohit (Expert)
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01 March 2014 Section 139 of the CA, 2013 has not been notified so far. Hence, you have to follow procedure as laid down under the CA,1956.

Link of commencement notification of CA, 2013:
https://www.mca.gov.in/Ministry/pdf/CommencementNotificationOfCA2013.pdf

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Vaibhav Goel

Vaibhav Goel (Querist)
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01 March 2014 Thanks again as promised ;)

Vaibhav Goel

Vaibhav Goel (Querist)
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01 March 2014 also if i may ask are the forms under chapter VII of Rules Co. Act 2013 applicable for the current financial year?