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For upcoming exam what will be applicable i.e  The Company Act 1956 or The Companies Bill 2012??

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compaines act 1956, compnaies, bill 2012 will be applicable for may/june 2014 exams..

Companies bill 2012 shall be applicable from November 2014 exams onwards....
THE INSTITUTE OF COST ACCOUNTANTS OF INDIA 
(Statutory Body under an Act of Parliament)
CLARIFICATION
Ref. No: BOS/01-08/13-14
Dated: Kolkata 26th August,2013
Clarification on applicability of Companies Bill,2012 for CMA Examinations
The Companies Bill,2012 ( to be enacted as the Companies Act,2013) is finally passed by the Rajya 
Sabha on 8th August,2013. This Companies Bill will be enacted as the Companies Act,2013 on 
receiving the assent of the President of India and on issue of notification in the Official Gazette, 
which will replace the existing statute, the Companies Act,1956.
Based on the above, it is hereby clarified that the proposed Companies Act,2013 will not be 
applicable for the Intermediate and Final Course CMA Examinations till June,2014.
Regarding applicability from December 2014 CMA Examination, the decision will follow based on 
the exact date of enactment of the above Companies Bill into the Act.
This issues with an approval of the competent authority.
CMA Chiranjib Das
Secretary to the Board of Studies Committee


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