Whether company act , 2013 is applicable ?

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Dear Users,

Pls let me know from which F.Y. , the new Co Act , 2013 is applicable ?

Regards,

Harish Bansal

Replies (8)
it is applicable from current FY, i.e. 2014-15

i am appearing for cs executive exams in december 2014. does that mean i have to study companies act 2013?

 Dear Tribhuvan Aditya Singh,

Pls refer the provision, where it is written that the Co Act, 2013 is applicable from F.Y. 2014-15.

Unlike Old Cos. Act, New CA 2013, containing 470 sections, though enacted with the assent of President on 29.08.2013, in a phase wise it is being enforced. For info, 1st phase 98 sections notifed to be effective from 29.08.2013, 2nd phase 183 sections were notified on 31.03.2014 to be effective from 01.04.2014. Now it's your turn to check which section has been notifed and which is yet to be notifed.

DEAR SIR,

I AM APPEARING IN CA FINAL EXAM NOV.14. NEW COM.ACT 2013 WILL APPLICABLE IN NOV.14?

98 notified sections of Companies Act 2013 are applicable for November 2014 attempt. These sections are given in our board book.

 

@ jalpa.... yes new companies act is applicable for nov 14 exams. 98 sections that were notified in sept last yr will be applicable for your nov 14 exams.

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

 

ICAI another Announcement-

 

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."

 

Thanks

Ankur

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