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The CA Final Corporate and Allied Laws paper by CS. Tejpal Sheth, as outlined by ICAI, is divided into two sections. The first section deals with the Company Law and Insolvency and Bankruptcy Code, 2016. Effective since 2013, the Companies Act has the objective of improving corporate governance, simplifying regulations, and administration of companies. Meanwhile, the Insolvency and Bankruptcy Code, 2016 aims at consolidating all the insolvency and bankruptcy-related laws into a single Act and details the steps to resolve insolvency. Hence, it becomes crucial for a CA to know the various provisions of both the laws mentioned above.
The second section of the paper covers the Allied Laws. Allied laws CA Final covers legislation like the SEBI Act 1992, Securities Contracts (Regulation) Act 1956, FEMA 1999, Prevention of Money Laundering Act 2002, etc. Overall, this section helps students develop the ability to analyze the above-stated laws requirements and apply them in practical situations. The classes are available in a pendrive download online classes form.