Now 95% of us have a same strategy of reading that is open a book read a para and read it again and again so that it gets inside our brain. I guess we won’t be doing the same exercise after 10 years if we are going for a presentation. Well Law is really a very interesting subject so first of all we should understand the way to read it. This would be most beneficial if we have ample time to read it and have a intention of understanding first instead of learning it.
One should try to read the section from the book he is referring to and if there arise any confusion or the analysis of the author differs from the judicial pronouncements or the intent of legislation one should refer to Bare Act
3. To identify the Most important areas of a subject is really a critical task. For Corporate Laws this also needs to be done. However the habit of doing selective study is to be left as the intention should be of understand the subject first.
Directors ( including Board meetings and inter corporate loans ), winding up , Producer Companies, Amalgamation, Secretarial Practice are the few most important chapters of Corporate laws.
One should start with directors as it is the most important chapter as it covers at least 25 marks in each attempt. By God’s grace it is also one of the easiest chapter on the subject. The examiner’s favorites are practical questions from this chapter most of them are repeated. There is a need to maintain a strategy to read and retain this chapter. The appropriate would be to solve practical questions without watching the answers as it will help us to improve the analysis power.
4. Allied Laws cover 30 marks but their quantity is same as that of corporate laws. It contains 9 small acts and 1 extra chapter as follows: Most important of them are SEBI, FEMA, Competition Act and Interpretation which are to be done to the fullest in depth. Rest can be done with cautious care depending upon the student’s own perception.
5. There may be instances of problem in remembering the Dates, Registers, Records to be kept etc..
There may be cases when a student after reading book and even after referring to Bare act is confused as to its interpretation. In such cases the advises available from Seniors are really very useful.
It is really useful to both who is asking and who is answering.
REGARDS-- AKASH JHALANI
CAclubindia
