Companies act 2013
This query is : Resolved
09 May 2014
Dear sir,
As we know campanies act, 2013 is applicable w.e.f. 1-4-2014. Can we apply its provisions in the financial year 2013-14 ??
Nikhil Kaushik
(Expert)
10 May 2014
no.. these provisions have prospective effect unless specifically providing for a retrospective effect. however, also note that 98 sections were made applicable from 12 September 2013.
10 May 2014
no it is not applicable for FY 2013-14.
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