Ipcc november 2014

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Vidya (Querist)
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07 August 2014 In IPCC, law paper, for november 2014 whether we need to study old companies act 1956 also along with new companies act 2013? Kindly clear!!

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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07 August 2014 Yes you need to study both Companies Act 1956 and Companies Act 2013.

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----

https://220.227.161.86/32800bos-announ15mar14.pdf

For remaining sections Companies Act 1956 will apply.

Ankur Garg

Ankur Garg (Expert)
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07 August 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:

https://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:

https://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:

https://www.icai.org/new_post.html?post_id=5720&c_id=314

Also check the link given below and use exam oriented material available at the BOS knowledge portal of ICAI:

https://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:

https://www.caclubindia.com/forum/ca-final-nov-2014-amendments-297114.asp#.U8dZgqP_jct

I hope the above information would be of some help.

Thanks

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