Effective strategy to score good marks

in CA Final Law with Weight-age

In the last 2 -3 attempts, you will find a major shift
in this exam. Lengthy and new cases are asked
in exams. Proper planning is a must to complete
the paper.

While studying for CA Final law, it becomes

important to prioritize the topics to ensure that
your mind space is not overwhelmed and that you
make the best out of your ability to memorize
well. Here are the high-priority topics to study:
Insolvency and Bankruptcy Code, 2016, Foreign
Exchange Management Act, 1999, Winding up,
Directors- Appointment, Qualification,
Remuneration, and Miscellaneous Provision.

You will require multiple revisions for this subject

as you cannot be liberal with the
language while quoting laws. You will not be
able to mug up the terms until you understand
them. Every law has a reason to
exist. Understand the reasons. By term
language, I am not meant to write as it is
written in the ICAI mat, I know no student can
write exactly and remember the same
wording. From this, I only mean, your starting
2-3 lines and some generally used word in
law.

Some sentences or words which can make your

language well in law paper are – As per such and
such section of companies act or such section of
companies act provides where it appears to such
institution & words like may deem fit, imposed
restrictions, etc – separate video on this will
be provided

Go through the amendments carefully and

thoroughly, it can cover around 10 to 15 marks.
These are quite critical for the exam. In exams
we can't predict a particular topic as imp we
should have to get 100 percent coverage.

In long case studies, your understanding,

practice, and preparation decide how easily you
can crack these. You do not have to bother after
seeing the case study – “ Ki yeh kya hai”. You
have to check the question first in a case study
then read the case because sometimes, a case
study is designed in such a manner that some of
the points are irrelevant and language is typical
and students spend a lot of time on
understanding only. You have to save yourself
from this and read the question first.

Weightage and No. of Revision

Chapter Chapter Name Marks weightage No.
No. Revi
Section-A: Company Law
1.
Appointment and 8 2-3
Qualifications of Directors
2.
Appointment and 10 3-4
Remuneration of Managerial
Personnel
3.
Meetings of Board and its 8 2-3
Powers
4.
Inspection, Inquiry, and 5 1
Investigation
5.
Compromises, Arrangements, 4 1
and Amalgamations
6.
Prevention of Oppression and 6 2
Mismanagement
7.
Winding Up 7 2
8.
Producer Companies Removed from syllabu
9.
Companies incorporated 6 2
outside India
10.
Miscellaneous Provisions 6 2
11.
Compounding of Offences, 4 1
Adjudication, Special Courts
12.
National Company Law 5 1
Tribunal and Appellate
Tribunal
13.
Corporate Secretarial Practice 8 2
– Drafting of Notices,
Resolutions, Minutes, and
Reports
Section-B: Securities Laws
1.
The Securities Contract 5 1-2
2.
SEBI 6 1-2
Part-II: Economic Laws
1.
The Foreign Exchange 6 2
Management Act, 1999
2.
The Securitisation and 8 2
Reconstruction of Financial
Assets and Enforcement of
Security Interest Act, 2002
3.
The Prevention of Money 4 1
Laundering Act, 2002
4.
Foreign Contribution 5 2
Regulation Act, 2010
5.
The Arbitration and 4 1
Conciliation Act, 1996
 6.
The Insolvency and 8 2
Bankruptcy Code, 2016

Study Plan/ ABC Analysis

Small and Easy Fair Medium Difficult

Need
practice
Compromises, Foreign The The
Arrangements and Contribution Securitisation Exchang
Amalgamations, Regulation Act, and Managem
National Company 2010, SEBI Act, Reconstruction Act, 199
Law Tribunal and 1992, Prevention of of Financial Preventio
Appellate Oppression and Assets and Money
Tribunal, etc. Mismanagement, Enforcement of Launderi
Winding Up, etc. Security Interest 2002,
Act, 2002, The Securitie
Insolvency and Contract
Appointment and Bankruptcy (Regulat
Qualifications of Code, 2016, Act, 195
Directors, Inspection, the Se
Appointment and Inquiry, and Contract
Remuneration of Investigation, (Regulat
Managerial etc. Rules, 19
Personnel,
Meetings of Board
and its Powers, etc.
2 times Revision 3 times Revision 3 times Revision 2
only Revision
Take 5 days and 8 days, solve
Take 4 to 5 days to practice, focus maximum Study 4
Revise more on questions questions, 80% adjustme
focus on solving day, Cov
questions only 6 to 8 da

Take a challenge and complete easy and fair

topics in 1 week in any manner

Check it also, Download Subject wise CA Inter

Practice MCQs with Solution

From which chapter to start preparing

Corporate and Economic Laws cover the two
sections. One of them is companies
law, Securities Laws and the second one is
economic Law. Company Law and Securities
Laws cover 60 marks while the remaining part
covers 40 marks.
Company Law covers a major portion and also
scoring. Economic Law covers 40 marks but as
much Boring and tough as compared to
company’s Law.
Start your preparation from fair category chapters
of Companies Act like Appointment and
Qualifications of Directors, Appointment and
Remuneration of Managerial Personnel, etc.
After that prepare all remaining chapters of
companies to act after completing companies Act
to start Securities Laws and Economic Law do
more stress on The Securities Contract
(Regulation) Act, 1956 and the Securities
Contract (Regulation) Rules, 1957andThe
Foreign Exchange Management Act, 1999 others
Immediately after reading any section,
do MCQs of the same section. That will build a
grip over that section and all the related points
can be covered. This is the best method to study
law and clear concepts. If you are preferring,
revising the entire chapter and then do its MCQs,
it will not be much effective as far as our
experience.
Understand the concepts very well because the
law is all about interpretation. The grip on the
sections is important basically on the matter. If
you can remember the section number then it is
well and good but if you are not sure about the
section number then don’t write the section
number as it will deduct your marks more than
what you get after writing it.
Check out the questions of the last 3 attempts of
ICAI exam papers, RTPs, MTPs, and of course
the latest series of test papers of this attempt.
Our papers are prepared after good research
from content, speed, and conceptual point of
view; you will find new questions in our test
papers.

More scoring part

Companies act is always scoring section
whether it is law or audit. Most marks are
scored from this section.
Most Important Topics of companies act:
In final every chapter have equal importance but
some chapter need more focus than others
1. Directors max 20 to 30 marks
Appointment and Qualifications of Directors
Section Topic
No.
149 Constitution of the Board
152 Requirement of the minimum number of Rot
director
Maximum number of NonRotational Directors
Rotational directors are required to be retired by rot
164 Basic Disqualification
Specific Disqualification
168 Resignation of Director
169 Removal of Directors
161 Additional Director 161(1)
Alternate Director 161(2)
Nominee director 161(3)
Causal vacancy 161(4)
2. Meetings 30 to 35 marks
Meetings of Board and its Powers
Section Topic
No.
173 Meetings of Board
174 The quorum for Board Meetings
177 Audit committee Section
180 Restrictions on powers of Board
Sale/ lease/ disposals of undertaking [Sec 180(1)(a)]
Investment of merger & amalgamations[Sec 180(1)(b
Borrowing above 100% of PSC + Free reserve [sec 180
Directors debt [sec 180(1)(d)]
185 Loan to directors, etc
186 Restrictions on loan and investment by a company
Restrictions on giving loans
188 Related Party Transactions
 Appointment and Remuneration of Managerial Personn
Section Topic
No.
196 Appointment of MD or WTD or Manager
197 Managerial remuneration
202 Compensation to its director for Loss of Office
203 Appointment of Key Managerial Personnel

The Insolvency and Bankruptcy Code, 2016

Series Topic
No.
1.
Corporate insolvency resolution
2.
Priority order of liquidation
3.
A person not eligible to be resolution applicants
4.
Fast track resolution
5.
Eligibility to be resolution professional
6.
Amendments

Note – Learn section number of all the above

topics.
The Most Important Topic of security and
economic law is
The Securities Contract (Regulation) Act, 1956
and the Securities Contract (Regulation) Rules,
1957andThe Foreign Exchange Management
 Act, 1999, The Securitisation and Reconstruction
of Financial Assets and Enforcement of Security
Interest Act, 2002others
Read More:Best study material for theory
subjects for CA final

Past trending Chapters

Topics Questions in Past exams

Section-A: Company Law

Appointment and Qualifications of 8 12
Directors
Appointment and Remuneration of 10 8
Managerial Personnel
Meetings of Board and its Powers 8 6
Inspection, Inquiry, and Investigation 6 8
Winding Up 7 8
Section-B: Securities Laws
The Securities Contract (Regulation) 6 4
Act, 1956 and the Securities Contract
(Regulation) Rules, 1957
The Securities Exchange Board of India 6 8
Act, 1992, and SEBI (Listing
Obligations and Disclosure
Requirement) Regulations, 2015
Part-II: Economic Laws
The Foreign Exchange Management 6 4
Act, 1999
The Securitisation and Reconstruction 8 8
of Financial Assets and Enforcement of
Security Interest Act, 2002
The Prevention of Money Laundering 5 12
Act, 2002
The Insolvency and Bankruptcy Code, 8 8
2016

Most of the questions required the application of

small or cornered theoretical part

Which questions to attempt first

In the first 20 minutes, attempt MCQs and leave

those which will consume time that will be tackled
in the last 1 hour. After attempting MCQs, quickly
come to companies' act questions. Try to answer
them patiently and cover all the necessary points.
Try to answer all these in the first 1 hour to 1.15
hours.

In the next 1 hour, answer the economic law and

securities law part. It can be properly covered in
1 hour. After that answer winding up or drafting
notice, minutes, etc. In the last 25 to 30 minutes,
come to those questions where you feel
uncomfortable. Explain their provision and facts
of the case part, leave a conclusion if you are not
sure.

Remember – The length of the answer doesn’t

matter, what matters is the point’s coverage. You
need to cover all the necessary points in your
solution.

There are 4 parts to answer case study-type

questions.
The first, part is write heading – Mention the
name of the section and its number if you are
sure
Second part – Related Provision, in your first
two lines matter a lot. It will judge the quality of
your language. Write these two lines very smartly
Third part – Facts of the case and analysis, here
you can use your own language
Fourth part – Conclusion with reference and
reason are required. Most students end up giving
the decision but do not cover the reason behind
it. Shortly cover reason in 2-3 lines