Todays corporate law paper

Page no : 2

Megha Bansal (CA ) (168 Points)
Replied 01 June 2014

Yes it was the correct ans Overall paper was avg. Wat was the ans.of ques.5(a)

Pranali Jadhav (Student CA Final ) (64 Points)
Replied 01 June 2014

what is t answer for question 6 b

Smiley (Employee) (140 Points)
Replied 01 June 2014

Guys!!! stop it..think about next exam..bachchon ki tarah mat karo..angry


aneel (PRACTISE) (130 Points)
Replied 01 June 2014

it was ok paper

naman (student) (28 Points)
Replied 01 June 2014

Today i felt what Rahul Gandhi must have felt during Arnab's Frankly Speaking. CG Special Resolution RBI CG Special Resolution!


sangati papi reddy (CA) (36 Points)
Replied 01 June 2014

5a question from operation And mismanagement boss think

sangati papi reddy (CA) (36 Points)
Replied 01 June 2014

sorry opp and midsize management sec 394 apply

Raunak (CA Final) (227 Points)
Replied 01 June 2014

Well todays paper was way better than Nov'13 paper

Todays paper was rather more straight , more off the basic provisions than complex questions. Hardly any question having 3 or more section quotes together plus not at all lengthy.

 

My lil review :

1.a.Just need to write when special audit is applicable and that then management is justified.

b.Straight.Dividends.In audit it was divident paid out of current profits and law it is past profits.

c.SSA-Compensation for loss of office..

d.SEBI.

 

2.a.Interested Directors.So, 297,299,300.Just need to write provisions

b.i.Repeated

b.ii.Repeated

 

3.a.Test of your basics.Accounts chapter

b.Good new question.

 

4.a.Almost similar repeated questions except that the director refunds the entire amount.

b.Section 399,398-Mismanagement where it applies and where not ie when not taken as mismanagement

 

5.a.Winding Up

b.Banking Regulation

 

6.a.i.Producer Company unexpected new question.They are giving new questions on producer companies every exam now

a.ii.Foreign Company-Easy

b.Neither Opression nor Mismangement.Repeated Question.

 

7.a.FEMA.A very rare question on Capital account transaction

b.Test of Competition Act in a practical way

c.Repeated.Banking Regulation again

d.Reapeated.SARFAESI

e.Repeated.Money Laundering

 

Allied Laws : 38 (including mix question with companies act)

Corporate Law : 78

 

Interpreation of Statues : 0

Banking Regulation : 12

Prevention of Opression and Mismanagement : 16

Only Directors : 24

A very balanced paper with less complexity in Corporate law .


Rohit Tulshyan (RTProfessionals) (333 Points)
Replied 01 June 2014

Well, I guess only reason people are unsatisfied is after three easy papers they expected even law to be easier. It was an average paper but included detailed study though. It was unlikely for institute to ask from various topics which they indeed did but I personally find it very good looking at previous year papers.

The paper was very balanced.

No marks should be allotted for corporate winding up reason being that winding up is major step in corporate consultancy services which every CA should know irrelevant wheather it was excluded or not. Reading five seven pages need not harm even for knowledge.

Just don't for the degree, Be a CA. your views may help you clear exams much easily.

Best wished for rest exams.


akshay nogriya (no) (43 Points)
Replied 01 June 2014

hey anyone can post suggested answer. just applicable provision...

plsss.... 



CA MANIK KUMAR (Manager ) (710 Points)
Replied 02 June 2014

@ rohit everyone should know about the companies act 2013 too! then whydont ask questions on that too! if a thing is outside the syllabus it sjud not be asked! if it is to be asked inclide it in tye syllabus thats it!

RAXIT PATEL (Student CA Final ) (107 Points)
Replied 02 June 2014

3way to get special audit application by share holder. 1)special resolution(2)petition file to company low board(3)petition file to court who make a order to central govt.this ans is also available in practice manual in audit cheaper but in different style.i was written above ans in exam

Anoop (CA Final) (330 Points)
Replied 02 June 2014

ICAI has started for the 1st time feedback from students....

https://icai.org/new_post.html?post_id=10679&c_id=219


kuldeep mundra (article) (56 Points)
Replied 02 June 2014

It was a tough end 2 group one..:-(...some que were tricky...like sebi..dividend..


sandeep kumar gupta (article trinee) (24 Points)
Replied 02 June 2014

agreed with karan


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