CA-PCC key company Law key paper may agar hum section wrong likh detey h but provision sahi h which question demand, kya answer may humay noumber milengay.answere pura thik h. lakin section no. wrong h.
Mayank Somani CA FINAL STUDENT (Article Assistent) (232 Points)
14 July 2010CA-PCC key company Law key paper may agar hum section wrong likh detey h but provision sahi h which question demand, kya answer may humay noumber milengay.answere pura thik h. lakin section no. wrong h.
vivek
(CS)
(751 Points)
Replied 14 July 2010
Whatever be the Exam if you are quoting wrong section definetely few marks will be deducted for that. It is always advisable never quote wrong section, it's better not to quote than wrongly quote.
Don't worry but if your provision is right you will get marks.
Regards,
rohit
(CA Finalist)
(480 Points)
Replied 14 July 2010
ya agreed with vivek...either write correct sec no.or better not to write if ur confused with section no. or u dont know
regards
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 14 July 2010
If you are not sure about section than please don't write the section.
If your answer is correct & is also according to provisions than you will get maximum marks & you will loose 0.5 marks or 1 mark.
But if you write wrong sec. you will get only 1 to 2 marks.
I wrote sections only in 40 % of the paper but could able to score 81 in Law in Nov.2009 which is highest in Law as 1st ranker got 71 marks in law in nov.2009.
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 14 July 2010
Important Suggestions for PCC and IPCC Students for Exams & Preparation.
Law, Ethics and Communication.
Syllabus of Paper – 3 Business and Corporate Laws:
The given below table describes weightage of marks including options
|
Chapters |
Particulars |
Avg. Marks |
|
CHAPTER - 1 |
The Indian Contract Act, 1872 |
15 |
|
CHAPTER - 2 |
The |
10 |
|
CHAPTER - 3 |
The |
10 |
|
CHAPTER - 4 |
The Negotiable Instruments Act, 1881 |
15 |
|
CHAPTER - 5 |
The Payment of Bonus Act, 1965 |
10 |
|
CHAPTER - 6 |
The Employees Provident Fund and Miscellaneous Provision Act, 1952 |
10 |
|
CHAPTER - 7 |
The Cooperative Societies Act, 1912 Including the Multi-state Cooperative Societies Act, 2002 |
10-15 |
|
CHAPTER - 8 |
The Companies Act, 1956 |
55 |
|
|
Total marks with options |
135-140 |
Books to be Referred.
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 m ight 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.
With Regards,
Kalpesh Chauhan.
(PE-II November 2009. Paper -3 Business & Corporate Laws – 81 Marks).
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 14 July 2010
For PCC---do not worry....you will get the marks for right content.
But do not commit this mistake for finals...coz it may be very costly.
All the Best for results
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 14 July 2010
CA Mihir Shah
(Working with Suresh Surana & Associates)
(231 Points)
Replied 14 July 2010
| Originally posted by : Kalpesh Chauhan | ||
 |
If you are not sure about section than please don't write the section. If your answer is correct & is also according to provisions than you will get maximum marks & you will loose 0.5 marks or 1 mark. But if you write wrong sec. you will get only 1 to 2 marks. I wrote sections only in 40 % of the paper but could able to score 81 in Law in Nov.2009 which is highest in Law as 1st ranker got 71 marks in law in nov.2009. |
 |
rightly said kalpesh
CA SURENDRA KUMAR RAKHECHA
(Practising CA at Surat)
(26263 Points)
Replied 15 July 2010
Stepwise marks are given.
For Right Contents marks are given.
But for wrong contents marks are not deducted until it is not contradictory to the right contents (which shows confusion).
For quoting wrong section; marks are not deducted.
Still; it creates bad impression to the Examiner although they have to strictly follow the rules of allotment of marks.
Agree with other participants not to write wrong section until you are confident. It does not mean that you should write wrong section when you are confident that it is wrong !
Azim Khan ACA,CS,CMA*,LLB*
(Proprietor)
(1312 Points)
Replied 15 July 2010
| Originally posted by : Mayank | ||
|
|
CA-PCC key company Law key paper may agar hum section wrong likh detey h but provision sahi h which question demand, kya answer may humay noumber milengay.answere pura thik h. lakin section no. wrong h. |
|
to mayank. dont worry, marks milega per galat section ka ek ya do marks katega.
CA Devender Chauhan
(Group Financial Accountant)
(1526 Points)
Replied 15 July 2010
| Originally posted by : vivek | ||
|
|
Whatever be the Exam if you are quoting wrong section definetely few marks will be deducted for that. It is always advisable never quote wrong section, it's better not to quote than wrongly quote. Don't worry but if your provision is right you will get marks. Regards, |
|
ya totally agree with vivek.Do not mention the section until unless u r very sure about it. Even in case of only 1% doubt leave the section and write only provision.
SHASHANK
(ARTICLE)
(33 Points)
Replied 15 July 2010
Mr. Kalpesh Chauhan,
No one will follow your suggestions as your 2 papers are still remaining.....If you know so much about examination marking scheme and way of answering questions, then why you are still a PE-II student????????????
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
CAclubindia
