Finapp clarified mistakes in law pm

Mistakes in ICAI Practice Manual Dec 2014 edition of Corpoate and Allied Laws paper:   1. Students are advised to delete question no. 2(iii) on page 1.1 and question no. 3(iii) on page no. 3.2 and the respective corresponding answers.   2. With respect to question no. 19, answer to Part (i) on page no. 3.17, para 3 stating “The disqualification of Mr. Kishore……..office of director in AB Ltd.” be substituted with the below mentioned para?    “As per section 167(1)(a) of the Companies Act, 2013, the office of a director shall become vacant in case he incurs any of the disqualifications specified under section 164(2) of the Companies Act, 2013. Since, Mr. Kishore has attracted disqualification under section 164(2) of the Companies Act, 2013, he has to vacate office of a director in AB Ltd.”   3.  Question no. 29 along with its answer given on page no. 3.24, be deleted.   4. Question no. Q16 (ii) and Q23 (ii) on page nos.19.19 and 19.26 respectively, along with their respective corresponding answers should be deleted.