Showing posts with label Companies Bill. Show all posts
Showing posts with label Companies Bill. Show all posts

Applicability of Companies Act, 2013 in CS-June, 2015 Examinations


Companies Act, 2013 Applicability in 

CS-June, 2015 Examinations



Institute of Company Secretaries of India (ICSI) has issued clarification about applicability of the Companies Act, 2013 for Company Secretaries June, 2015 Examination.

New Study Material For CS New Syllabus [July 2014 Edition]


New Study Material For CS-Students (New Syllabus)

[July 2014 Edition]


Institute of Company Secretaries of India (ICSI) has issued New Study Material for its students of CS-Foundation, CS-Executive, and CS-Professional Programme. This edition has been issued by ICSI in July, 2014 for the Students who have received the books under old edition.

The Institute provides the study material on all subjects for the better practice of the students for upcoming examinations.

CS-Institute issued the Supplement material also for the students who carry the study material of 2013 Edition and going to appear in December-2014 Examination. 

The Study Material has been issued on ICSI official website [www.icsi.edu] for the students of Foundation Programme, Executive Programme and Professional Programme

Study Material is available for the following students-
  • Students of Foundation Programme - New Syllabus
  • Students of Executive Programme - New Syllabus
  • Students of Professional Programme - New Syllabus
According to the Suggested Answer PDF File issued by ICSI, "The objective of the study material is to provide students with the learning material acording to the syllabus of
the subject of the Programme"

Students can download the all Study Material by clicking the name of the Subject....



Study Material for CS-Foundation Programme
[New Syllabus]



Study Material for CS-Executive Programme
[New Syllabus]



Study Material for CS-Professional Programme
[New Syllabus]




Supplement Material for CS-Students
[New Syllabus]

Click here to Download....
  1. Supplement for CS-Foundation Programme [For students having 2012 edition of study material]
  2. Supplement for CS-Executive Programme [For students having 2013 edition of study material]
  3. Supplement for CS-Professional Programme [For students having 2013 edition of study material]













Related Articles






Companies Act, 2013 Applicability in CS-December, 2014 Examinations


Companies Act, 2013 Applicability in 

CS-December, 2014 Examinations


Institute of Company Secretaries of India (ICSI) has issued clarification about applicability of the Companies Act, 2013 for Company Secretaries December, 2014 Examination.

The Institute, by issuing clarification on its website, clarified that Provisions of Companies Act, 2013 shall be applicable for December, 2014 Examinations. Also, it has been clarified that the questions papers shall carry the questions from Companies Act, 2013.

Further, the clarification specifies that Companies Act, 1956 shall not be applicable for the CS-December, 2014 examinations. The question papers shall not carry the questions from Companies Act, 1956.



Applicable For

The clarification is applicable for the following students appearing in the following Papers:-

Students of Foundation Programme 

  • Business Environment and Entrepreneurship (Paper-1)
Students of Executive Programme

  • Company Law Paper (Module-1,  Paper-1)
  • Company Accounts and Auditing Practices (Module-2, Paper-5) 
  • Capital Markets and Securities Laws (Module 2, Paper 6) 
Students of Professional Programme 
  • Advanced Company Law and Practice (Module 1, Paper 1) 
  • Secretarial Audit, Compliance Management and Due Diligence (Module 1, Paper 2) 
  • Corporate Restructuring, Valuation and Insolvency (Module 1, Paper 3) 
  • Ethics, Governance and Sustainability (Module 2,Paper 6) 
  • Drafting, Appearances and Pleadings (Module 3, Paper 8) 
  • Capital, Commodity and Money Market (Module 3, Paper 9.2, Elective)




What is applicable..??

According to the clarification, Following are applicable in the examinations:-
  1. Provisions of the Companies Act, 2013
  2. Rules made under Companies Act, 2013
  3. Regulations made under Companies Act, 2013
  4. Notifications issued by MCA

Institute of Company Secretaries of India had provided the Study Material based on New Companies Act, 2013 on its official website website [www.icsi.edu] for the students gong to appear in Company Secretaries December, 2014 Examinations.

You can download the material by clicking the following links.....





To view the official clarification issued by ICSI, click the following link...






















Companies Act, 2013 applicability in CMA-June, 2014 Examinations





Companies Act, 2013 Applicability in 

CMA-June, 2014 Examinations



Institute of Cost Accountants of India (ICMAI) has issued clarification about applicability of the Companies Bill, 2013 for CMA June, 2014 Examination.

The clarification is applicable for the following students:-
  • Students of Intermediate Course
  • Students of Final Course

According to the clarification Ref. No: BOS/01-12/13-14, "The Companies Act,2013" shall not be applicable for the CMA Intermediate and Final Course Examinations for June, 2014 term of Examination."


However, no clarification has been  given regarding applicability of the Companies Act, 2013 in December 2014 CMA Examination. Institute has clarified only that  the necessary communication would be intimated in due course.



To view the official clarification issued by the Institute of Cost Accountants of India, click the following link...
























CS-June-2014 Professional Tax Updates Download


Tax Updates Download for CS-June, 2014 Exams (Professional Programme)


Students of CS-Professional Programme appearing in June, 2014 Examination in Papers relating to "Advance Tax Laws & Practice" may download and study the updates before appearing in June, 2014 examinations.

Here are the Taxation Updates applicable in CS-June, 2014 Examination. These amendments are applicable for students appearing in Professional Programme in the following Subjects:-

  • For appearing in the Paper " Advanced Tax Laws and Practice (Old Syllabus)"
  • For appearing in the Paper " Advanced Tax Laws and Practice (New Syllabus)"


The Salient features of these updates are as follows:-
  • Latest Tax Rates as applicable in CS-Exams
  • Latest Finance Act as applicable in CS-Exams
  • All updates made by CBDT
  • All updates made by CBEC
  • Amendments under-
    1. Income Tax 
    2. Wealth Tax
    3. Central Excise Act
    4. Customs Act

Students may download the updates in PDF Format by clicking the following link..



Companies Act, 2013 Applicability in CS-June, 2014 Examinations


Companies Act, 2013 Applicability in 

CS-June, 2014 Examinations


Institute of Company Secretaries of India (ICSI) has issued clarification about applicability of the Companies Act, 2013 for Company Secretaries June, 2014 Examination.

The clarification is applicable for the following students:-

  • Students of Foundation Programme (For appearing in the "Business Environment and Entrepreneurship" Paper)
  • Students of Executive Programme (For appearing in the "Company Law" Paper)
  • Students of Professional Programme (For appearing in the "Company Secretarial Practice" Paper or "Advanced Company Law and Practice" Paper)


According to the clarification, Following Amendments are applicable:-

  1. Highlights of the Companies Act, 2013 as passed by the Parliament on 8th August, 2013 will be applicable under the topics Historical Development of Concept of Corporate Law in India/Contemporary Developments.
  2. All Circulars, Clarifications/Notifications issued by the Ministry of Corporate Affairs effective six months prior to the date of examination.


To view the official clarification issued by ICSI, click the following link...





















Companies Act 2013 - 98 Sections has been Applicable

Companies Act 2013 in Action - 98 Sections comes into force from September 12, 2013


The Ministry of Corporate Affairs (MCA) has notified 98 key sections of the Companies Act 2013 which shall come into effect from today. 

The copy of Press release issued by PIB along with the copy of Notification dated September 12, 2013 issued by MCA giving details of provisions brought into effect is attached for your reference.

The sections so notified will come into effect from the date of notification i.e today (September 12, 2013). These are independent sections, which do not require the publication of rules. Currently, ministry is going through the process of receiving suggestions on draft rules. The Companies Act 2013 will have 470 sections. Other sections will come into effect after the rule making process is completed. 

The Companies Bill, 2013 was cleared by the Rajya Sabha during the monsoon session and has since received Presidential nod. 

This notification includes several provisions relating to several concepts which are being introduced for the first time. The sections notified in the first tranche includes one that deals with Private placement and public issue. The Companies Act,1956 did not define the concept of private placement leading to a major legal battle between market regulator Securities and Exchange Board of India( Sebi) and Sahara India Parivar. 

Another controversial section that made its debut is the one relating to insider trading. This provision is likely to create some friction between the MCA and Sebi, which has so far been regulating insider trading in the stock market under its own regulations. 

Further also include provisions relating to maximum number of persons in a private limited company, which is being increased from 50 to 200 and other sections relating to penal provisions for fraud in the company. 

The provisions relating to fraud found their way into the new companies Act following the lacuna found while dealing with Rs 8,200 crore Satyam Computer scam in 2009. The provisions containing the definition of “Associate Companies” also come into effect in the first tranche. 




Click here to see the official Notification issued by Ministry of Corporate Affairs..















Companies Rules, 2013 (Draft)

Draft on New Company Rules, 2013


We are pleased to inform the Rules on Brand New Companies Act, 2013 has been made public by Ministry of Corporate Affairs of India (MCA) for the comments on them. These Rules may be called "Companies Rules, 2013" after being published officially by Central Government.



The Ministry of Corporate Affairs (MCA) has issued drafted Rules on New Companies Act, 2013 and has asked the feedback on them from general Public. For this Ministry has provided a link on its portal "Feedback on draft Rules under the Companies Act, 2013", by clicking which, a new page will be opened and after log in on such page, a person can give his feed back on the draft of Companies Rules, 2013.



The Ministry of Corporate Affairs (MCA) has provided a e-platform with the following various features:-
  • The e-platform facilitates in receiving suggestions on draft rules under the Companies Act, 2013.
  • The e-platform is user friendly and interactive.
  • The e-platform will facilitate collation and analysis of suggestions/comments received.


For Visiting the Feedback Page and downloading Rules, Click here..



















Disclaimer: This Features/Concepts/data provided here in this site if to facilitate the visitors. The Site owners does not own the responsibility for any error or omission. The users and readers are advised to cross check with the MCA Official Website before acting upon this data.



Companies Act, 2013 Published in Official Gazette of India


Companies Act, 2013 Published in Official Gazette of India



The Companies Act, 2013 [previously The Companies Bill, 2012] has been published in Official Gazette of India on 30th August, 2013. However, the date of its applicability has not been decided by the Government of India till date.


The Act in Lok-Sabha

Earlier, The draft law was first introduced in 2008 and then The Companies Bill, 2012 was presented in Lok-Sabha [the Lower House of the Parliament of India] and  got passed on 18th December, 2012.  Its passage was ensured after the government accepted most of the recommendations made by a standing committee of Parliament led by former finance minister and Bharatiya Janata Party leader Yashwant Sinha.


The Act in Rajya-Sabha

The Companies Bill 2012 was in agenda of Mansoon Session of the Parliamnet in Rajya Sabha [the Upper House of the Parliament of India] and got passed by Rajya Sabha on 8th August 2013. After being passed in Rajya-Sabha, The Bill needed the consent of the President of India "Shri Pranab Mukherjee"


Consent of the President

The Companies Bill 2012 received assent of the President of India "Shri Pranab Mukherjee" on 29th August, 2013 and now it has become Companies Act 2013. After consented to by President , the new legislation replaced the 57-year-old Companies Act, 1956.


Next Steps after Consent

The next steps would be to finalize the Rules and define the procedural aspects of this Act. The Ministry of Corporate Affairs is expected to put the draft rules for public comments soon, and notify the relevant portions of this Act, in a step by step manner, along with the rules applicable.


Applicability of the Act

The Act shall be applicable and shall come into force on such date as the Central Government notifies in the Official Gazette of India.

Here is the Link to Download the Companies Act, 2013 as published in the Official Gazette of India on 30th August, 2013. Click here to Download...




Companies Bill, 2012 Applicability in CA-May, 2014 Exams


Companies Act, 2013 Applicability in 

CA-May, 2014 Examinations



Institute of Chartered Accountants of India (ICAI) has issued clarification about applicability of the Companies Act, 2013 for Chartered Accountants Examination.

The clarification is applicable for the following students:-
  • Students appearing in the Intermediate (IPC) Stage
  • Students appearing in the Final Stage

Clarification for CA-May, 2014 Examinations

The Companies Act, 2013 will not be applicable for the Intermediate (IPC) and Final Examinations to be held in May 2014.


Clarification for CA-November, 2014 Examinations

Regarding the applicability for November 2014 Examination, ICAI will take decision based on the exact date of enactment of the above Companies Bill, 2012 into the Companies Act, 2013. 



To view the official clarification issued by ICAI, click the following link...

























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