For Financial statement of companies which act will be applicable 1956 or 2013?
For Companies preparing their financial statements for the year ended March 2014, which act will be applicable? Companies Act 2013 or old Companies Act 1956?
As the most parts of Companies Act 2013 are applicable from April 2014, for the financial statements relevent for the financial year ended March 2014, the Old companies act 1956 will be applicable.
should directors report, notice and other formalities like annual return be under CA, 2013 or the old provisions of CA, 1956 to be complied with?
Companies Act 1956 will be applicable even for Annual returns and Directors report, notices.