16 September 2014
Changes in LAW: ICAI has come out with the notification regarding the partial applicability of Companies Act 2013. 98 Notified section will be applicable for Nov 2014 exams. 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. For details of notification and supplementary study materials following link may kindly be seen--- http://220.227.161.86/32800bos-announ15mar14.pdf Check out the supplementary study material issued by ICAI from link given below-- http://220.227.161.86/32794ssp-p2blec-ipcc.pdf
16 September 2014
Non-applicabilityof Sections 407 to 414 of the Companies Act 2013, for the Intermediate (IPC) Examination to be held in November 2014 (Paper 2: Business Laws, Ethics and Communication):
As you may be aware that sections 407 to 414 dealing with NCLT & NCLAT were covered in Supplementary study paper for Intermediate (IPC) Course under Para 1.19 of Unit 1.Keeping in view the fact that the NCLT and NCLAT are not in operation till date, students are hereby informed that the notified Sections 407 to 414 of the Companies Act, 2013 are not applicable for November 2014 examination.
16 September 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:
http://220.227.161.86/32800bos-announ15mar14.pdf
Notification dated 20.05.2014 for Applicability of notified sections of Chapter IX, “Accounts of Companies” and Chapter X, “Audit and Auditors” of the Companies Act, 2013 along with its Rules for November 2014, Examinations for Final Course. Download ICAI Notification in this regard from the link below:
http://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."
3. Link for latest amendments and notifications from ICAI
You are advised to regularly check the link given below for the purpose of keeping you in sync with latest amendments and keep a track of changes in Syllabus and various amendments from the BOS knowledge portal of ICAI:
Also check the link given below and use exam oriented material available at the BOS knowledge portal of ICAI:
http://www.icai.org/new_category.html?c_id=342
4. Auditing, Indirect Tax, Company Law update files for November 2014 attempt.
Also download some extremely useful exam oriented files related to Auditing amendments, Indirect Tax Amendments and Company Law amendments from the link mentioned below regarding your November 2014 attempt:
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