Hey can anybody confirm if Sebi Guidelines is a Part of syllabus for SEBI Act chapter in law paper in final ?????
If yes can you share it online?????????????
CA Riswa Parekh
(Practicing)
(1591 Points)
Replied 06 October 2011
Y a SEBI guidelines is part of syllabus and its weightage is around 6 to 10 marks
kunal
(articled assistant)
(138 Points)
Replied 06 October 2011
ok thanks but can anyone share notes on Sebi guidelines onl9 please.....
CA Rachit Gupta
(Chartered Accountant)
(1315 Points)
Replied 09 October 2011
Hi kunal...riswa is right..sebi guidelines weightage is 6-10..
If you have not studied these guidelines yet...its not a problm...
I m attaching my handwritten notes for sebi guidelines...these are very easy....handy language...11 pages only and mostly provisions in chart form..just read 2 - 3 times & you will be done...
These notes doesn't cover 100% area...but relevant for CA FINAL for sure...
Thanks...
CA Rachit Gupta
(Chartered Accountant)
(1315 Points)
Replied 09 October 2011
Your welcome sailesh...:)
kunal
(articled assistant)
(138 Points)
Replied 09 October 2011
thanks a lot Rachit u have been a great help.... but can u also provide a brief on imp law sections....which would be useful for last minute revision....
CA Rachit Gupta
(Chartered Accountant)
(1315 Points)
Replied 09 October 2011
Welcome Kunal...
See for Law...its very difficult to retain the provisions for a very long time...So proper last minute revision in required for law exam...
I m giving u important law topics which u shud go through before entering exam hall
DIN procedure
Disqualifications of director
Vacation of office by directors
Appointment of directors by small shareholders
Rotational & Non Rotational Directors
Restrictions on political contributions
Section 295, 297, 299, 300
Manegerial Remuneration
Board Meetings
Inter corpororate loans
Audit committee
winding up
Dividend
SEBI
FEMA
Competition act
Interpretation of Statutes
As you know that law paper is based on pratical case laws...so you should answer the case laws in the following format
a) Facts of the case : Redraft the question in your own language
b) Legal Issue : What is required in the question
c) Provisions of Law
d) Conclusion based on above provision
If you dont know the answer...Write the (a) & (b) points, it will give you some marks for sure..
If you dont remember the section..plz dont write it...
Also if you are not able to learn the name of case laws..no need to learn it...Learn only the conclusion of that case law...
Try to attempt 100% paper,
In case you dont know the answer, Answer it by applying your general knowledge..
Thanks and all the best for you exams...
Sachin
(student)
(214 Points)
Replied 09 October 2011
Thanks rachit!!!
i was thinking of leaving SEBI but now will do it from ur notes.. Do u have notes of Other Allied laws also???
i have done only 2-3 allied laws and dnt have time 2 do remaing..
CA Rachit Gupta
(Chartered Accountant)
(1315 Points)
Replied 09 October 2011
Welcome Sachin....Sorry i dont have notes of other topics...& dont leave SEBI..it is very important...
I m attaching SEBI Act also in very easy language....if u have not done SEBI act yet...do from these notes...It will help you in your preparation..
Thanks
kunal
(articled assistant)
(138 Points)
Replied 09 October 2011
thanks a lot rachit for law advice... its comradeship form people like you who make caclub such a great and helpful place
CA Paras Shah
(Practicing Chartered Accountant)
(21 Points)
Replied 14 October 2011
thts really nice of you Rachit.
cn u just sent 1 answer as per your format...
it would be of geat help
CA Rachit Gupta
(Chartered Accountant)
(1315 Points)
Replied 14 October 2011
Ya sure Paras...Let us take 1 question from Corporate Law
Question : Articles of association of rajastjan toys private limited provide that the maximum number of directors in the company shall be 10. Presently, the company is having 8 directors. The Board of Directors of the said company desire to increase the number of directors to 15.
Advise whether under the provisions of companies act, 1956, the BOD can do so?
Answer: Facts of the case
Maximum no. of directors as per articles of association of the said co. is 10 and now it wishes to increase it to 15
Legal Issue:
Whether the said co. can increase the no. of directors to 15
Provisions of Law:
According to section 259, If a company is wants to increase its no. of directors then it has to take approval of CG
But no CG approval is required if:
i) The increased no. of directors is within the limit as prescribed by articles first registered ; or
ii) The increased no. of directors is within the limit of 12
Moreover, This section shall not apply to:
i) Private Co.
ii) Govt. Co.
iii) Co. licensed under sec. 25
Conclusion :
In view of what is stated above, it is concluded that, since Rajasthan Toys Private Ltd. is a private co., section 259 is not applicable to it and accordingly it can increase the no. of directors from 8 to 15 without any restriction.
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