Applicability of co's act 2013 for cs professional

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Simta Singh (Querist)

26 July 2014 in respect of CRI subject for old course student i.e. which chapters of CRI will change due to Co's Act 2013. Please reply asap.

Ankur Garg

Ankur Garg (Expert)

26 July 2014 FOR CS STUDENTS

7. Applicability of Companies Act, 2013 for December 2014 Exam of ICSI

ATTENTION STUDENTS OF FOUNDATION, EXECUTIVE AND PROFESSIONAL PROGRAMMES

Applicability of the Companies Act, 2013 for Examinations from December 2014 onwards It is informed that the provisions of the Companies Act, 2013 and the rules and regulations made thereunder shall be applicable for Examinations from December, 2014 onwards. This means that the question papers of the following subjects of Foundation, Executive and Professional level shall carry questions from the Companies Act, 2013 instead of the Companies Act, 1956:

Foundation Programme

1. Business Environment and Entrepreneurship (Paper 1)

Executive Programme

1. Company Law (Module 1, Paper 1)
2. Company Accounts and Auditing Practices (Module 2, Paper 5)
3. Capital Markets and Securities Laws (Module 2,Paper 6)

Professional Programme

1. Advanced Company Law and Practice (Module 1, Paper 1)
2. Secretarial Audit, Compliance Management and Due Diligence (Module 1, Paper 2)
3. Corporate Restructuring, Valuation and Insolvency (Module 1, Paper 3)
4. Ethics, Governance and Sustainability (Module 2,Paper 6)
5. Drafting, Appearances and Pleadings (Module 3, Paper 8)
6. Capital, Commodity and Money Market (Module 3, Paper 9.2, Elective)

Other subjects at Foundation, Executive, Professional, Elective papers that has reference to Companies Act, 1956 should be read in line with Companies Act, 2013.

Please note that all the provisions of the Companies Act, 2013 may or may not have come into effect on the date of Examination. Nevertheless, question papers will carry question from the Companies Act 2013 only and not the Companies Act, 1956.

Please check ICSI notification in this regard which is available at the link given below:

https://www.icsi.edu/portals/0/Announcement%20Companies%20Act2013.pdf

Students can have access to Reading Material on the Companies Act, 2013 uploaded on ICSI Website under the Head ‘Academic Corner’ at the below link

https://www.icsi.edu/AcademicCorner.aspx.

Also check the link given below for Guidance on applicability of Companies Act, 2013 for December, 2014 Examination

https://www.icsi.edu/AcademicCorner/GuidanceonapplicabilityofCompaniesAct2013fo.aspx

I hope the above information would be of some help for your preparation.

8. Download 2 important Publications from ICSI

Download 2 important Publications from ICSI on Companies Act, 2013 from the link given below:

https://www.icsi.edu/Docs/Webmodules/FAQ_for_website_final.pdf

https://www.icsi.edu/portals/70/action.pdf

Hope the same would be of some help for compliance under CA 2013.

Thanks

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