Applicability of companies bill 2013

As on today icai havent notified its applicability for nov 14 exam so kindly wait for the official notification to be announced.

Most probably chance is to be applicable for the exam Nov. 2014 so be ready for that.

Friends, Is comany bill make changes in subjects like auditing,a/c and tax.

Dear All as per ICAI earlier notification it was notified that Company Bill 2013 will not apllicable for May 2014 but it was also said that for Apllicability in Nov 2014 notification shall be issued. But one more thing is that 98 section of Comapny bill 2013 is already implemented and in enactment so how we assure us that definately not will be aplplicable in Nov 2014 by ignoring the Fact.

Dear All,

It is a fact that the Companies Act, 2013 passed by the Parliament with assent of the President of India dated 29th August, 2013, will not be applicable for November 2013 and May 2014 examination.

As far as applicability of Companies Act, 2013 for November 2014 examination is concerned, the same will be notified by ICAI in due course, once the date of enforcement of the provisions of the Act is notified. Till date only 98 section are applicable from Companies Act 2013.

November 2014 examination:

As per my opinion all the students are advised to prepare the following for May and November 2014 examination:

1. Short note on the Companies Act, 2013.
2. Implications and need for the introduction of Companies Act, 2013.
3. At least 10 points of difference between Companies Act, 2013 and Companies Act, 1956.   
4. Corporate reforms eyed through the introduction of Companies Act, 2013.
5. Quick reading of 98 sections of Companies Act, 2013 notified by the Ministry of Corporate affairs (MCA).

I hope the above advice would be of some help. It is always better to start now rather than wait for the notification of ICAI. Keeping in view the speed of MCA, regarding Companies Act, 2013, I am quite sure that entire Act will be applicable for November 2014 CA attempt.

Thanks

Ankur Garg

even if they ask it will not be asked for more then 5-10 marks in may 2014 exam as suggested by ankur garg which may be also in option of other question.

so do not  spend time in reading all the stuff of 98 sections etc atleast for may 2014

as ICAI HAVE SPECIFICALLY notified that for may 2014 it will not be applicable then why to increase the burden of study from exam point of view...???

Well Prashant, the companies act, 2013 had definate impact on other subjects like auditing and accounts as lots of section has changed in auditing and accounts and some new concepts also arises and that might be cover in our course in due time.

Can just say be prepared for the companies act applicability in nov 14 atleast upto a distinct level.

All the best to both of us.

Thank you