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Question

Schedule III of the Companies Act, 2013 is applicable from _________.

A
1st April, 2014
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B
1st January, 2014
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C
1st April, 2013
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D
1st January, 2015
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Solution

The correct option is B 1st April, 2014

Earlier companies Act 1956 was applicable but after approval from parliament the Central Government appoints the 1st day of April, 2014 as the date on which the provisions of the companies Act 2013 shall come into force which includes the schedule III.


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