Detailed announcement chapter wise as to Inclusion/ Exclusion of topics from the scope of syllabus of Paper 4: Corporate and Allied Laws (Old Course)[in continuation of earlier announcement dated 3/7/19 ]
[I] Exclusion of topics from the scope of syllabus w.e.f. November 2019 examination
|
Topic in the Study material |
Retained provisions |
Excluded provisions of the respective chapters of the Study Material |
|
(1) |
(2) |
(3) |
|
Winding Up (Chapter 10) |
Sections related to winding up by Tribunal (from sections 271-303); and Sections applicable to every mode of winding up (from sections 324-336 and 344-347 and 352-358) |
Provisions contained under section 337- 343 and 348 to 351 |
|
Producer Companies (Chapter 11) |
- |
Entire topic |
|
Miscellaneous Provisions (Chapter 17) |
• Sections 248- 252,394- 395, 406 • Provisions covered under the headings 'Miscellaneous Provisions' – 447, 450, & 455 |
Sections 366 to 378, 396 to 404, 405, 448, 449, 451-454, 456-470 |
|
Compounding of offences, Adjudication & Special Courts (Chapter 16) |
Adjudication and special courts [i.e., Sections 435- 440, 442 – 446A] |
Compounding of offences’ covered under section 441 |
|
National Company Law Tribunal and Appellate Tribunal (Chapter 15) |
Sections 407, 420-434 |
Provisions covered under section 408 – 419 |
|
Insolvency & Bankruptcy Code, 2016 (Chapter 19) |
The Corporate and Insolvency resolution process i.e. upto section 59 |
Remaining provisions i.e. from section 60 onwards |
|
Section B: Allied Laws (30 Marks) |
||
|
SEBI Act, 1992, SEBI (ICDR) Regulations, 2009 (Chapter 20) |
SEBI Act, 1992 |
SEBI (ICDR) Regulations |
|
The Foreign Exchange Management Act, 1999 (Chapter 22) |
The FEMA, 1999 along with the following Rules/Regulations - • Fem (Permissible Capital Account Transactions) Regulations, 2000 • Fem (Current Account Transactions) Rules, 2000 • FEM (Export of Goods & Services) Regulations, 2015 |
• Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations, 2000 • Foreign Exchange Management (Acquisition and Transfer of Immovable Property outside India) Regulations, 2015 • Foreign Exchange Management (Realisation, repatriation and surrender of foreign exchange) Regulations, 2000 • Foreign Exchange Management (Possession and retention of foreign currency) Regulations, 2015 |
|
The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (Chapter 24) |
• Relevant definitions covered in the Study Material • management of asset by the bank and the financial institutions [i.e. Sections 1- 19 of the SARFAESI Act] |
Section 20 and onwards |
[II] Inclusion of topics within the scope of syllabus effective from May, 2020 Examination onwards
|
Paper |
Inclusion |
|
|
Paper 4: Corporate and Allied Laws |
Legislation |
Topics added |
|
The Foreign Exchange Management Act, 1999 |
• Overseas Direct Investment • Import of Goods and Services • External Commercial Borrowing Policy |
|
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