ICAI announces changes in the CA Final course Corporate Law paper


Detailed announcement chapter wise as to Inclusion/ Exclusion of topics from the scope of syllabus of Paper 4: Corporate and Allied Laws (Old Course)[in continuation of earlier announcement dated 3/7/19 ]

[I] Exclusion of topics from the scope of syllabus w.e.f. November 2019 examination




Topic in the Study material

Retained provisions

Excluded provisions of the respective chapters of the Study Material

(1)

(2)

(3)

Winding Up (Chapter 10)

Sections related to winding up by Tribunal (from sections 271-303); and

Sections applicable to every mode of winding up (from sections 324-336 and 344-347 and 352-358)

Provisions contained under section 337- 343 and 348 to 351

Producer Companies (Chapter 11)

-

Entire topic

Miscellaneous Provisions (Chapter 17)

Sections 248- 252,394- 395, 406

Provisions covered under the headings 'Miscellaneous Provisions' – 447, 450, & 455

Sections 366 to 378, 396 to 404, 405, 448, 449, 451-454, 456-470

Compounding of offences, Adjudication & Special Courts (Chapter 16)

Adjudication and special courts [i.e., Sections 435- 440, 442 – 446A]

Compounding of offences’ covered under section 441

National Company Law Tribunal and Appellate Tribunal

(Chapter 15)

Sections 407, 420-434

Provisions covered under section 408 – 419

Insolvency & Bankruptcy Code, 2016

(Chapter 19)

The Corporate and Insolvency resolution process i.e. upto section 59

Remaining provisions i.e. from section 60 onwards

Section B: Allied Laws (30 Marks)

SEBI Act,

1992, SEBI (ICDR) Regulations, 2009 (Chapter 20)

SEBI Act, 1992

SEBI (ICDR) Regulations

The Foreign Exchange Management Act, 1999 (Chapter 22)

The FEMA, 1999

along with the following Rules/Regulations -

Fem (Permissible Capital Account Transactions) Regulations, 2000

Fem (Current Account Transactions) Rules, 2000

FEM (Export of Goods &

Services) Regulations, 2015

Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations, 2000

Foreign Exchange Management (Acquisition and Transfer of Immovable Property outside India) Regulations, 2015

Foreign Exchange Management (Realisation, repatriation and surrender of foreign exchange) Regulations, 2000

Foreign Exchange Management (Possession and retention of foreign currency) Regulations, 2015

The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (Chapter 24)

Relevant definitions covered in the Study Material

management of asset by the bank and the financial institutions

[i.e. Sections 1- 19 of the SARFAESI Act]

Section 20 and onwards


[II] Inclusion of topics within the scope of syllabus effective from May, 2020 Examination onwards


Paper

Inclusion

Paper 4: Corporate and Allied Laws

Legislation

Topics added

The Foreign Exchange Management Act, 1999

Overseas Direct Investment

Import of Goods and Services

External Commercial Borrowing Policy



Posted :
on 11 July 2019
 
Published in Students
Source : ,
Views : 3249

Online classes for CA CS CMA





CCI Online Learning

Choose from our category of courses

What do you want to learn today?


CS

CPT

CMA



Browse all Subjects

×
CA Online Classes    |    x