I am not able to recall penalties under various provisions of Companies Act & Allied Laws. Also not able to recall the Criteria for Co's for appointment of Ind. Auditor etc etc.
Please suggest any technique to memorize.
Kalpesh (Chartered Accountant) (349 Points)
27 April 2017I am not able to recall penalties under various provisions of Companies Act & Allied Laws. Also not able to recall the Criteria for Co's for appointment of Ind. Auditor etc etc.
Please suggest any technique to memorize.
ankita gandhi
(student)
(5908 Points)
Replied 27 April 2017
CA Syed Parvez Ali
(None)
(458 Points)
Replied 07 May 2017
In the penalties and applicabilities limits, I will say ''less is more ''.
Just remember the important limits in company's act viz., internal auditor, Audit Committee, Independant Directors, Section 186 etc.,
And wrt penalties, don't cram them... because simply you can't. You will get confused in the exams. Although you might learn 2-3 penaties and see whether you were lucky or not.
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