(One paper - Three hours - 100 marks)
SECTION A: COMPANY LAW (70 MARKS)
Level of Knowledge: Advanced knowledge
Objective: To be able to analyze and apply various provisions of the Company Law in practical situations Contents: 1. The Companies Act, 2013 and Rules framed thereunder in its entirety with specific reference to (a) Declaration and payment of Dividend (b) Accounts and audit (c) Appointment and Qualifications of Directors (d) Appointment and remuneration of Managerial Personnel (e) Meetings of Board and its powers (f) Inspection, inquiry and Investigation (g) Compromises, Arrangements and Amalgamations (h) Prevention of Oppression and Mismanagement (i) Revival and Rehabilitation of Sick Companies (j) Winding Up (k) Producer Companies (l) Companies incorporated outside India (m) Offences and Penalties (n) E-governance (o) National Company Law Tribunal and Appellate Tribunal © The Institute of Chartered Accountants of India xi (p) Special Courts (q) Miscellaneous Provisions 2. Corporate Secretarial Practice–Drafting of Resolution, Minutes, Notices and Reports Note: The provisions of the Companies Act, 1956 which are still in force would form part of the syllabus till the time their corresponding or new provisions of the Companies Act, 2013 are enforced.
SECTION B: ALLIED LAWS (30 MARKS) Objective: To develop ability to analyse the requirements of laws stated in the Section. Contents: 3. An overview of the following laws – (a) The Securities and Exchange Board of India Act, 1992, Rules, Regulations and Guidelines issued thereunder. (b) Securities Contracts (Regulation) Act, 1956 (c) The Foreign Exchange Management Act, 1999 (d) The Competition Act, 2002 (e) The Banking Regulation Act, 1949, The Insurance Act, 1938. The Insurance Regulatory and Development Authority Act, 1999. The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (f) The Prevention of Money Laundering Act, 2002 4. Interpretation of Statutes, Deeds and Documents