20 September 2010
Paper 4: Corporate and Allied Laws (One paper – Three hours – 100 marks)
Section A: Company Law (70 Marks)
Objective: To be able to analyze and apply various provisions of the Companies Act in practical situations
Contents:
1. The Companies Act, 1956, Rules and Regulations thereunder in its entirety with specific reference to
(a) Accounts and audit (b) Dividend (c) Directors - powers, managerial remuneration (d) Meetings, powers of the Board and related party transactions (e) Inspection and Investigation (f) Compromises, Arrangements and Reconstructions (g) Prevention of Oppression and Mismanagement (h) Revival and Rehabilitation of Sick Industrial Companies (i) Corporate Winding up and Dissolution (j) Producer Companies (k) Companies incorporated outside India (l) Offences and Penalties (m) E-governance
2. Corporate Secretarial Practice – Drafting of Resolution, Minutes, Notices and Reports
Section B: Allied Laws (30 Marks)
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) The 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.