The new company bill 2013 may be applicable for May 2014 exam in ICAI:
Here is the note for the same;
Attention: Intermediate (IPC) and Final Course students
Applicability of Companies Bill, 2012 (to be enacted as the Companies Act, 2013) for May 2014, Examination
This is to bring to the notice of students that the Companies Bill, 2012 (to be enacted as the Companies Act, 2013) which was passed by the Lok Sabha on 18th December, 2012 and was pending before the Rajya Sabha, has been passed on 8th of August, 2013. This Companies Bill, 2012 will be enacted as the Companies Act, 2013 on receiving the assent of the President of India and notification in the Official Gazette, which will replace the existing statute, the Companies Act, 1956.
Thereafter, the decision regarding the applicability of the Companies Act, 2013 for CA Examination would be taken and informed to the students well in time before the May, 2014 Examination.
In any case, it is clarified that the Companies Act, 2013 will NOT be applicable for November 2013 examination.
Director, Board of Studies