In this paper, we will deal with the â€œPractical Approachâ€ of how to:
1. Changeover from old schedule XIV to new schedule II. (Transitional Provisions)
2. Deal with AS6 and Schedule II of Companies Act, 2013.
This paper includes the following objectives:
- Understanding of provisions of AS6 and Schedule II.
- Practical understanding of Transitional provisions.