Important Suggestions for PCC and IPCC Students for Law, Eth

Important Suggestions for PCC and IPCC Students for Law, Ethics and Communication.

Syllabus of Paper – 3 Business and Corporate Laws:

The given below table describes weightage of marks including options

Books to be Referred.

1. Study module
2. Compilation
3. N.D. Kapoor
4. G.K. Kapoor
5. RTP of upcoming exam.
6. Personal notes of cases and sections

General Guidelines for Law

Business Law

·        Start with easy Acts like Bonus or EPF. It will enhance your confidence.

·        Go through module first. Don’t try to mug it up just understand  the main content of the topic.

·        Note down the important points and cases in a separate book.

·        Further try to complete special contracts first  like  quasi contracts, bailment and pledge, indemnity and gurantee etc.. it is because most of the questions in last exams are asked from this part only.(The Indian Contract Act, 1872)

·        Don’t waste too much time behind remembering cases and sections. Its because institute wants knowledge from you about provisions regarding particular Act not sections. If you write right section but your answer is wrong than you will not get enough marks you might get just half or one mark. But if you know the provisions and your answer is right and even if don’t write the section or case you will get 3 to 4 marks. I tried that thing and got succeeded in it. Institute generally asks practical questions from this chapter and also almost in every chapter in last exam. So if you know the theory very well but if u can’t apply in practical questions you will get only passing marks. So compilation will be great source in understanding what institute wants from us

·        Please don’t leave all the cases and sections if you have power and time to memorize sections and cases than please go for it. I am not saying that they are not important. But main thing is provisions.

·        Just try to memorize important sections like minor-Sec.11 in Mohiri Bibi vs Dharam das ghose.. of contract Act, 1872.

·        Never try to leave in option anything completely. Just read it 2 or 3 times for reference if any part is asked from such less important parts like general contracts in contracts. Its important because in case an easy question is asked from this part you can answer it easily rather than leaving it.

·        Prepare a separate note for each chapter in which you should write the important topics, sections and cases and amendment if any (e.g. negotiable instruments act. In 2002) in brief which you can revise speedily at exam time. It is because you will not be able to revise all the lengthy 8 acts in two days on exam.

·        I think you all have seen 3 idiots. It sends an awesome message which says that don’t be exam oriented be excellence oriented. Institute normally wants us to be aware of general and working knowledge of different acts not expertise so please don’t think about mugging each and everything

·        For EPF act please write each and every answer at least 2 to 3 times in a rough book from compilation and module. It is so because it contains very rigid language and difficult to remember.

Corporate Law

·        Please go through compilation first (including PE-II’s compilation)

·        Then from G.K. Kapoor just go through for 1 or 2 times regarding different small terms and definitions like share, stock, share warrant, allonge, etc.

·        Don’t spent too much time in Company law from module as it is lengthy and you also don’t have time to complete it. It is because Institute now asks mostly practical problems from each and every act. They hardly ask theory and also if they ask we can attempt it easily or we can took it in option. But please this does not mean that you should feel relax about company law. You have to do it but in a systematic manner as I did.

·        From module do meetings and proceedings, dividends, borrowings, minutes & returns. It is because that part is much easier and also important from exam perspective.

Note:

1.      Students of PCC and IPCC should not that above points are applicable to only those points which are in their syllabus.

2.      Don’t follow points which are not applicable to you which is not in your syllabus.

3.      Try to understand the basic method of working with Law subject.