NOTE ON FINANCIAL YEAR AND HOW TO CHANGE IT {Section 2(41) of the Companies Act, 2013} Effective from 1 st April, 2014 DEFINITION 1. Section 2 (11) of Companies Act, 2013, “Body Corporate" or "Corporation" includes a company incorporated outside India, but does not include— i. a co-operative society registered under any law relating to co-operative societies; and ii. any other body corporate (not being a company as defined in this Act), which the Central Government may, by notification, specify in this behalf; 2. Section 2 (20) of Companies Act, 2013, "Company" means a company incorporated under this Act or under any previous company law. 3. Section 2 (41) of Companies Act, 2013, Financial year , in relation to any company or body corporate, means the period ending on the 31st day of March every year, and where it has been incorporate