paper 1 company secretarial practice...q&a-1.2 syllabus paper 1 (100 marks) company secretarial...
TRANSCRIPT
Q&A-1.1
Paper 1 Company Secretarial Practice
Syllabus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Q&A-1.2
Bird's-Eye View . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Q&A-1.5
Line Chart Showing Relative Importance of Chapters . . . . . . . . . . . . . Q&A-1.9
Table Showing Importance of Chapter on the Basis of Marks . . . . . . . Q&A-1.10
Table Showing Importance of Chapter on the Basis
of Marks of Compulsory Questions . . . . . . . . . . . . . . . . . . . . . . . . . . . . Q&A-1.12
Legends for the Graphs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Q&A-1.14
Study Material Based Contents
1. Study (I) E-Governance of Company Law (MCA-21) . . . . . . . . . . Q&A-1.15
2. Study (II) Company Formation and Conversion . . . . . . . . . . . . . . Q&A-1.22
3. Study (III) Alterations in the Memorandum and Articles of
Association . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Q&A-1.47
4. Study (IV) Issues of Securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . Q&A-1.78
5. Study (V) Allotment of Securities . . . . . . . . . . . . . . . . . . . . . . . . . . Q&A-1.109
6. Study (VI) Issue and Redemption of Debentures . . . . . . . . . . . . . . Q&A-1.117
7. Study (VII) Membership and Transfer/Transmission of Shares . . . Q&A-1.126
8. Study (VIII) Directors and Managers . . . . . . . . . . . . . . . . . . . . . . . . Q&A-1.144
9. Study (IX) Company Secretary . . . . . . . . . . . . . . . . . . . . . . . . . . . . Q&A-1.191
10. Study (X) Auditors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Q&A-1.202
11. Study (XI) Decision-Making Forums and Meeting . . . . . . . . . . . . . Q&A-1.214
12. Study (XII) Preparation & Presentation of Reports . . . . . . . . . . . . . Q&A-1.276
13. Study (XIII) Distribution of Profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . Q&A-1.304
14. Study (XIV) Charges . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Q&A-1.320
15. Study (XV) Inter-Corporate Loans, Investments, Guarantees
and Security . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Q&A-1.331
16. Study (XVI) Filling and Filing of Returns and Documents . . . . . . . . Q&A-1.341
17. Study (XVII) Striking off Names of Companies . . . . . . . . . . . . . . . . . Q&A-1.349
18. Study(XVIII) Best Practices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Q&A-1.353
19. Study (XIX) Insider Trading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Q&A-1.360
20. Study (XX) Global Developments in Company Law . . . . . . . . . . . . Q&A-1.373
21. Objective Questions . . . . . . . . . . . . . . . . . . . . . . . . . . . . Q&A-1.382
Question Paper of December, 2011 . . . . . . . . . . . . . . . Q&A-1.402
Question Paper of June, 2012 . . . . . . . . . . . . . . . . . . . . Q&A-1.405
Question Paper of December, 2012 . . . . . . . . . . . . . . . Q&A-1.409
Question Paper of June, 2013 . . . . . . . . . . . . . . . . . . . . Q&A-1.412
Q&A-1.2
SyllabusPaper 1 (100 marks)
Company Secretarial Practice
Level of knowledge : Expert knowledge.
Objective : To provide an in-depth understanding of the procedures under the
Companies Act, Rules and Regulations made thereunder including understanding
of international dimensions of company law.
Detailed contents :
1. E-governance (MCA – 21)
Important Features of MCA-21 – CIN, DIN, DSC, CFC, SRN, etc; E-forms and
on-line filing and inspection of documents.
2. Company Formation and Conversion
Choice of form of business entity; conversion/ re-conversion of one form of
business entity into another. Procedure for incorporation of private/public
companies, companies limited by guarantee and unlimited companies and their
conversions/re- conversion/re- registration; obtaining certificate of
commencement of business; obtaining certification of re-registration;
commencement of new business and certification; filing of agreements with
managerial personnel; Formation of associations not for profit and non profit
companies; procedure relating to foreign companies carrying on business in
India.
3. Alteration of Memorandum and Articles
Procedure for alteration of various clauses of memorandum: name clause,
situation of registered office clause, objects clause, capital clause and liability
clause; procedure for alteration of articles; effect of alteration.
4. Issue and Allotment of Securities
Procedure for public issue, rights issue and bonus shares; procedure for issue
of securities at par/premium/discount; procedure for calls on shares; Issue of
sweat equity shares, employees stock option scheme, shares with differential
voting rights; issue and redemption of preference shares; issue of shares on
preferential basis/private placement.
5. Return of allotment and effect of irregular allotment; issue of certificates;
alteration of share capital; procedure for forfeiture of shares and re-issue of
forfeited shares; cancellation of shares; surrender of shares; conversion and
re-conversion of shares into stock.
Q&A-1.3
6. Procedure for issue of debentures including creation of security and debenture
redemption reserve; drafting of debenture trust deed; conversion of and
redemption of debentures.
7. Membership and Transfer/Transmission
Procedure for induction of members; nomination of shares; variation of
shareholders’ rights; cessation of membership including dispute resolution.
Transfer/transmission/ transposition; dematerialization/ rematerialisation of
securities.
8. Directors and Managerial Personnel
Procedure for appointment, reappointment, resignation, removal and varying
terms of appointment/ re-appointment of directors and managerial personnel.
Procedure for payment of remuneration to directors and managerial personnel
and disclosures thereof; compensation for loss of office; waiver of recovery of
remuneration; directors and officers liability insurance.
Procedure for making loans to directors, disclosure of interest by a
director, holding of office or place of profit by a director/relative, etc. of a
director.
9. Company Secretary – Appointment, resignation and removal of Company
Secretary; role of the Company Secretary; functions and duties; relationship
with chairman and directors; secretary as advisor to the chairman and the
board. Company Secretary in Practice – Functions ; procedure for
appointment, resignation and removal of company secretary in practice.
10. Auditors
Procedure for appointment/reappointment, resignation and removal of statutory
auditors and branch auditors; appointment of cost auditors; special auditors;
CAG audit.
11. Decision-making Forums and Meetings
Collective decision making forums - authority, accountability, delegation and
responsibility. Board Meetings - Convening and management of Board and
Committee Meetings. General Meetings - convening and management of
statutory meeting, annual and extra-ordinary general meetings, class meetings;
preparation of notices and agenda papers. Procedure for passing of resolutions
by postal ballot, conducting a poll and adjournment of a meeting. Post-meeting
formalities including preparation of minutes and dissemination of information
and decisions including filing thereof.
12. Preparation & Presentation of Reports
Preparation of financial statements, auditors’ report, directors’ report and report
on corporate governance.
Q&A-1.4
13. Distribution of Profit
Procedure for ascertainment of divisible profits and declaration of dividend;
payment of dividend; claiming of unclaimed/unpaid dividend; transfer of
unpaid/unclaimed dividend to Investor Education and Protection Fund.
14. Charges
Procedure for creation/modification/satisfaction of charges and registration
thereof; register of charges; inspection of charges.
15. Inter-corporate Loans, Investments, Guarantees and Security
Procedure for making inter-corporate loans, investments, giving of guarantees
and providing of security.
16. Filling and Filing of Returns and Documents, etc.
Procedure for filling and filing of returns and documents :
(a) Annual filing, i.e., annual accounts, compliance certificate, annual return,
etc.
(b) Event based filing.
17. Striking off Names of Companies – Law and Procedure.
Company Important Provisions of Law on Striking off : Effect of restration.
18. Best Practices - Secretarial Standards
Concept, scope and advantages; Secretarial Standards issued by the ICSI;
Compliance of secretarial standards for good governance.
19. Insider Trading
Concept and rationale behind prohibition of insider trading; SEBI’s Insider
Trading Regulations; major actions taken by SEBI so far; Role of Company
Secretary in compliance requirements.
20. Global Developments in Company Law
Contemporary developments, distinguishing and evolving features of company
law in other jurisdictions.
Q&A-1.5
Bird's-Eye View
Paper 1
Company Secretarial Practice
Question Paper Based Contents of Last Five Examinations
Years Q. No. Chapter Page
No.No. Name
2011
June
1. (i)
(ii)
(iii)
(iv)
(v)
(vi)
2.(a)(i)
(ii)
(b)
(c)
3. (a)
(b)
(c)
4. (a)
(b)
(c)
5. (a)
(b)
6. (a)
(b)
(c)
7. (a)
(b)
(c)
(d)
8. (i)
(ii)
(iii)
(iv)
(v)
3
6
5
8
8
3
11
8
21
21
21
11
20
12
18
19
16
4
11
4
12
8
12
11
20
1
12
11
19
11
Alterations in the Memorandum and Articles of Association
Issue and Redemption of Debentures
Allotment of Securities
Directors and Managers
" " "
Alterations in the Memorandum and Articles of Association
Decision Making Forums and Meetings
Directors and Managers
Objective Questions
" " "
" " "
Decision Making Forums and Meeting
Global Developments in Company Law
Preparation & Presentation of Reports
Best Practices
Insider Trading
Filling and Filing of Returns and Documents
Issues of Securities
Decision Making Forums and Meeting
Issues of Securities
Preparation & Presentation of Reports
Directors and Managers
Preparation & Presentation of Reports
Decision Making Forums and Meeting
Global Developments in Company Law
E-Governance of Company Law (MCA-21)
Preparation & Presentation of Reports
Decision Making Forums and Meeting
Insider Trading
Decision Making Forums and Meeting
69
123
112
167
167
69
249
168
393
393
394
249
378
301
358
367
346
99
251
99
291
187
302
251
379
18
278
215
360
215
Q&A-1.6
2011
Dec.
1. (i)
(ii)
(iii)
(iv)
(v)
(vi)
2. (i)
(ii)
(iii)
(iv)
(v)
3. (a)
(b)
(c)
4. (a)
(b)
(c)
(d)
5. (a)
(b)
(c)
6. (a)
(b)
(c)
7. (a)
(b)
(c)
8. (a)
(b)
(c)
8
17
12
8
9
2
5
1
3
12
2
8
16
21
9
11
21
21
11
3
18
15
11
20
4
1
2
11
19
12
Directors and Managers
Striking off Names of Companies
Preparation & Presentation of Reports
Directors and Managers
Company Secretary
Company Formation and Conversion
Allotment of Securities
E-Governance of Company Law (MCA-21)
Alterations in the Memorandum and Articles of Association
Preparation & Presentation of Reports
Company Formation and Conversion
Directors and Managers
Filling and Filing of Returns and Documents
Objective Questions
Company Secretary
Decision Making Forums and Meeting
Objective Questions
" "
Decision Making Forums and Meeting
Alterations in the Memorandum and Articles of Association
Best Practices
Inter-Corporate Loans, Investments, Guarantees
and Security
Decision Making Forums and Meeting
Global Developments in Company Law
Issues of Securities
E-Governance of Company Law (MCA-21)
Company Formation and Conversion
Decision Making Forums and Meeting
Insider Trading
Preparation & Presentation of Reports
168
350
292
168
198
42
112
19
70
292
42
188
346
394
200
252
395
396
252
70
358
339
253
379
100
20
43
253
367
302
2012
June
1. (i)
(ii)
(iii)
(iv)
(v)
2. (i)
(ii)
(iii)
(iv)
13
7
7
11
8
11
8
7
10
Distribution of Profit
Membership and Transfer/Transmission of Shares
" " "
Decision Making Forums and Meeting
Directors and Managers
Decision Making Forums and Meeting
Directors and Managers
Membership and Transfer/Transmission of Shares
Auditors
313
138
138
254
169
215
148
128
203
Q&A-1.7
(v)
3.(a)(i)
(ii)
(b)
(c)
4. (a)
(b)
(c)(i)
(ii)
5. (a)
(b)
(c)
(d)
6. (a)
(b)
(c)
7. (a)
(b)
8. (a)
(b)
(c)
2
12
12
21
21
2
21
2
4
12
7
7
8
8
8
11
20
20
17
8
3
Company Formation and Conversion
Preparation & Presentation of Reports
" " " “
Objective Questions
" "
Company Formation and Conversion
Objective Questions
Company Formation and Conversion
Issues of Securities
Preparation & Presentation of Reports
Membership and Transfer/Transmission of Shares
Membership and Transfer/Transmission of Shares
Directors and Managers
" " "
" " "
Decision Making Forums and Meeting
Global Developments in Company Law
" " "
Striking off Names of Companies
Directors and Managers
Alterations in the Memorandum and Articles of Association
25
293
293
396
397
44
397
44
100
293
139
143
169
189
189
254
379
380
351
169
76
2012Dec.
1. (i)
(ii)(iii)(iv)(v)
2. (a)(b)
(c)(i)(ii)(iii)
3. (a)(b)
4. (i)(ii)(iii)(iv)
5. (a)(b)(c)
15
74
117
21161112132111
8153
1919
9
Inter-Corporate Loans, Investments, Guaranteesand SecurityMembership and Transfer/Transmission of SharesIssues of SecuritiesDecision Making Forums and MeetingMembership and Transfer/Transmission of SharesObjective QuestionsFilling and Filing of Returns and DocumentsDecision Making Forums and MeetingPreparation & Presentation of ReportsDistribution of ProfitObjective QuestionsDecision Making Forums and MeetingDirectors and ManagersE-Governance of Company Law (MCA-21)Allotment of SecuritiesAlterations in the Memorandum and Articles of AssociationInsider Trading" " " Company Secretary
339140100274140398347216278306399255170
20113
70368368199
Q&A-1.8
6. (a)(b)(c)(d)
7. (a)(b)
(c)(i)(ii)
8. (a)(b)(c)(d)
161817122011
88
11141113
Filling and Filing of Returns and DocumentsBest PracticesStriking off Names of CompaniesPreparation & Presentation of ReportsGlobal Developments in Company LawDecision Making Forums and MeetingDirectors and Managers" " "Decision Making Forums and MeetingChargesDecision Making Forums and MeetingDistribution of Profit
347359351294381255171171255329256313
2013
June
1. (i)
(ii)
(iii)
(iv)
(v)
2. (a)
(b)
3. (a)
(b)
(c)
4. (a)
(b)
(c)
5. (a)
(b)
(c)
6. (a)
(b)
(c)
7. (a)
(b)
(c)
8. (i)
(ii)
(iii)
(iv)
(v)
3
4
3
3
9
21
11
21
21
7
17
1
1
8
14
3
19
8
13
20
10
18
2
7
9
13
19
Alterations in the Memorandum and Articles of Association
Issues of Securities
Alterations in the Memorandum and Articles of Association
" " "
Company Secretary
Objective Questions
Decision Making Forums and Meeting
Objective Questions
" " "
Membership and Transfer/Transmission of Shares
Striking off Names of Companies
E-Governance of Company Law (MCA-21)
" " "
Directors and Managers
Charges
Alterations in the Memorandum and Articles of Association
Insider Trading
Directors and Managers
Distribution of Profit
Global Developments in Company Law
Auditors
Best Practices
Company Formation and Conversion
Membership and Transfer/Transmission of Shares
Company Secretary
Distribution of Profit
Insider Trading
70
100
70
71
199
400
257
400
401
141
352
21
21
171
330
76
372
172
313
381
213
359
23
127
192
306
361
Q&A-1.9
Line Chart Page
Q&A-1.14
Legends for the GraphsS
ho
rt N
ote
s
Dis
tin
gu
ish
Be
twe
en
De
sc
rip
tiv
e
Pra
cti
ca
l
Solved Scanner CS ProfessionalProgramme Company Secretarial
Practice Paper 1 by Dr.Arun Kumar,CS DrHimanshu Srivastava Dec-2013
Publisher : Shuchita Prakashan ISBN : 9789350345993 Author : Dr. Arun Kumar, CSDr. Himanshu Srivastava
Type the URL : http://www.kopykitab.com/product/1643
Get this eBook
50%OFF