CS Executive Important Topics for Dec 2021 Exam

CS Executive Important Topics – Commercial Laws Dec 2021

The following are the CS Executive Important questions that you must prepare well for Commercial Laws.

Chapter 1 – Constitution of India:

Concept of State
Federal nature of the Constitution
Fundamental duties
Difference between directive principles and fundamental rights
The Doctrine of eclipse and doctrine of pith and substance
Ordinance making powers of the President
Article 21 of the Indian Constitution
Can Parliament enact laws on items in the State List?
Write jurisdiction of courts and different types of writes

Chapter 2 – Interpretation of Statutes :

Short Note on Rule of ejusdem generis and the rule of literal construction
Internal Aids for interpretation
Short note on Noscitur a sociis Pari Materia
Discuss the rule of reasonable construction
Short notes on Heading, Title and Preamble

Chapter 3 -Law relating to Specific Relief, Arbitration and Conciliation, Torts and Limitation & Evidence

Persons against whom specific performance enforceable and not enforceable
Short note on declaratory decrees
Contracts which cannot be specifically enforceable
Short note on International Commercial Arbitration
Appointment of Arbitrators
Provisions for setting aside the arbitral award
Kinds of Tortious liability
Law of Limitation bars the remedy but does not extinguish the right – Comment
Facts of which evidence need not be given
Short note on Dying Declarations
When do the statements under special circumstances become relevant?

Chapter 4 – Law relating to transfer of property

Transfer for the benefit of unborn person
Doctrine of fraudulent transfer
Types of mortgage
Short note on Doctrine of Election
Distinguish between mortgage and charge
Doctrine of Lis Pendens
Doctrine of part performance of contracts

Chapter 5 – Law relating to stamps

Different methods of stamping
Time of stamping documents
Consequences of unstamping of documents
Short note on Denoting Duty

Chapter 6 – Law relating to registration of documents

Registration of wills
Time for registration of documents
Effects of non-registration
Documents whose registration is compulsory and whose registration is optional

Chapter 7 – Information Technology – an overview

Concept of Digital Signature
Legal recognition of electronic records
Certifying Authorities
Domain names & hacking
Difference between computer and computer network

Chapters 8 & 9 – Code of Civil and Criminal Procedure

Re judicata and Res sub-Judice
Place of suing
Distinguish between judgment, decree, and order
Distinguish between reference, review and revision
Distinguish between investigation, inquiry and trial
Powers of the police officer to arrest without warrant
Short note on power of Magistrate in case of apprehended danger

Chapter 10 – Law relating to RTI

Duties of a PIO
The categories of information exempted from the requirement of the RTI Act
Manner in which request can be made by a citizen for information under the RTI Act

CS Executive Important Topics – Company Law 2021

The following are the CS Executive Important questions that you must prepare well for Company Laws.

Chapters 1 – 5 – Company Incorporation etc.

Distinguish between company and partnership
Lifting of Corporate Veil
Concept of company as a citizen
Short note on illegal association
Legal position of promoters
Various clauses of MOA and AOA and their alteration
Doctrine of Ultra Vires
Statutory Corporations as State within the meaning of Article 12 of the Indian Constitution
Pre-incorporation contracts vs. Provisional Contracts

Chapters 6 – 11 – Financial Structure

Conclusiveness of Certificate of Incorporation
Issue of shares at premium
Liability for misstatement in a prospectus
Issue of shares on rights basis and bonus shares
Does forfeiture amounts to reduction of capital
Buy back of shares
Registration of charges
Short note on debentures and sweat equity shares
Forfeiture of shares and surrender of shares
Voting rights on preference shares

Chapters 12 – 13 Membership, depositories, and transfer/transmission

Modes of acquiring membership
Expulsion of a member
Rights of joint members
Transmission of shares and Nomination of shares

Chapter 14 – 18 – Management and Control of companies

Resignation of directors
Appointment of additional directors and directors appointed to fill casual vacancy
Office or place of profit
Liability of Non-Executive Directors
Appointment of director by small shareholders
Disqualifications of directors
Powers which the BOD may exercise only with the approval of shareholders
Disclosure of interest by directors
Officer in default
Appointment of Managing Director
Role of a company secretary
Short note on AGM
Duties and role of Chairman
Methods of ascertaining sense of the meeting
Proxy in general meetings
Passing of resolutions by way of postal ballot
Conduct of Board and General Meetings through videoconferencing

Chapter 19 – Investments and Loans

Investments to be held in company’s name
Inter-corporate loans and investments

Chapter 20 – Deposits

Small depositors
Advertisement for raising deposits

Chapter 21 – Accounts and Audit

Director’s responsibility statement
What are the various methods of appointing an auditor in a company?
Attachment of subsidiary accounts to the holding company
Liabilities of an auditor
Short note on Director’s Report and Audit Committee

Chapter 22 -Dividend

Transfers of profits to reserves before declaration of dividend
Short note on interim dividend
Investor Education and Protection Fund

Chapters 23 – 24 – Sole selling agent, accounts etc.

Attachment of accounts of subsidiary companies with the accounts of the holding company
Disclosures in the Director’s report pursuant to the listing agreement

Chapter 25 – 28 – Oppression and Mismanagement etc.

Statutory registers of a company
Investigation into the affairs of a company
Rule of Foss vs. Harbottle and its exceptions
Compromise and Arrangements

Other Chapters –

Law relating to trusts and societies
Concept of producer company
Short note on LLP
Short note on winding up of a company
Powers of a court to wind up a company
Short Note on DIN
Short notes on Back offices, front offices etc.

CS Executive Important Topics – Economic and Labour Laws 2021

The following are the CS Executive Important questions that you must prepare well for Labour Laws.

Chapter 1 – IDRA

Industrial Licence
Industrial Entrepreneur’s Memorandum
COB Licence
Calculation of value of plant and machinery
MSMED Act, 2006

Chapter 2 – Foreign Trade Policy and Procedures

Special Economic Zones
IEC Code
Vishesh Krishi and Gram Udyog Yojana
Focus Product and Focus Market Scheme

Chapters 3 – 6 – Trade, Competition and Consumer Protection

Regulation of Combinations in detail
Predatory Pricing and Bid Rigging
Abuse of Dominant Position
Short note on Competition Commission of India
Redressal Machinery under the Act
Definition of Consumer
Case laws on deficiency of service
Other case laws were given in the class

Chapters 7 & 8 – Essential Commodities and Standard of Weights and Measures

Powers of the CG under the Essential Commodities Act
Definition of Essential Commodities
Concept of seizure and confiscation of essential commodities
Declaration to be made on standard packages
Maximum permissible error
Short note on Principal Display Panel

Chapter 9 and 10 – FEMA & FCRA

Short note on permissible capital and current account transactions
Raising of funds through ADRs and GDRs
Direct Investment in a JV / Wholly owned subsidiary outside India
Establishment of branch, project and liaison offices
Concept of Authorised person
Restrictions on acceptance of foreign contributions by certain associations
Restrictions on acceptance of foreign hospitality

Chapters 11 & 12 – Pollution Laws

Concept of Sustainable development
Short note on Public Liability Insurance Act, 1991
Short note on Pollution Control Boards
Power of Central Government relating to entry, inspection and take samples etc.
Short note on environmental clearances
Short note on the case MC Mehta vs. The Union of India
Short note on Noise pollution
National Green Tribunal Act

Chapter 13 – Intellectual property rights

Contents of complete specification
Restoration of lapsed patents
Grant of Compulsory licenses in connection with IPRs
Concept of new inventions and patentable inventions
Removal of trademark for non-use
Short note on Collective Marks
Short note on assignment of copyrights

Chapter 14 – Prevention of Money Laundering

What is money laundering?
Short note on Financial Action Task Force

Chapter 15 – Minimum Wages Act, 1948

Mandatory payment of minimum wages to the workers

Chapters 16 – 17 – Payment of Bonus and Gratuity

Short notes on the amount of gratuity payable to a worker
Rights and obligations of employers w.r.t to payment of gratuity
Computation of bonus payable to the workers
Payment of Customary or interim bonus to the employees
Can gratuity payable to workers be attached by a decree of Court?

Chapters 18 – 19 – Provident Fund and ESI Act

Short note on Employees’ Provident Fund Scheme
What do you mean by Employees Deposit Linked Insurance Scheme
Short note on Employees’ State Insurance
What do you mean by employment injury under the ESI Act?

Chapters – 20 – 21 – Employees’ Compensation and Contract Labour

Employer’s liability for payment of compensation to workers when contractor is engaged
Distinguish between partial disablement and total disablement
Prohibition of employment of contract labor
Welfare and health of contract labor

Chapter 22 – Industrial Disputes Act

Unfair Labour Practices
Reference of industrial disputes through arbitration
Distinguish between lay off and lockout
Whether individual dispute can be said to be an industrial dispute?
Discuss the various types of strikes
Wages for the strike period

Chapter 23 – 24 –Standing Orders and Factories Act

Payment of subsistence allowance
Matters to be provided in the standing orders
Annual leave with wages
Definition of factory
What do you mean by the manufacturing process?
Who can be appointed as Occupier of factories?

CS Executive Important Topics 2021 – Securities Laws and Compliances

The following are the CS Executive Important questions that you must prepare well for Securities Laws and Compliances.

Chapter 1 & 2 – Securities Market

Powers and Role of SEBI
Relation between securities market and economic growth
Composition of SEBI and SAT

Chapters 3 & 4 – Money Market & Capital Market Instruments

Distinguish between Commercial Paper and Certificate of Deposit
Money market mutual funds
Short notes on tracking stocks and disaster bonds
What do mean by participatory notes ?
Short notes on ETFs, Hedge Funds & Fund of Funds
Short note on Secured premium notes and derivatives
Different kinds of bonds

Chapter 5 – Credit Rating

Standard rating symbols
Short note on rating process
Factors considered by rating agencies for rating

Chapter 6 – Capital Market Intermediaries

Short note on Merchant Bankers, RTAs and SROs
Obligations of Stock brokers and sub brokers
Obligations of the intermediaries under the Prevention of M L d i A Money Laundering Act
Obligations of underwriters and portfolio managers

Chapters 7 & 8 – Stock Exchanges

Recognition of Stock Exchanges
Application for listing of securities to SEs
Demutualisation of Stock Exchanges
Trading & Settlement Mechanism and STP
Market abuse mechanisms
Obligations under Cl. 49 of Listing Agreement

Chapter 9 – Mutual Funds

Different types of Mutual funds
Short note on Asset Management Company
Advertisement Code of Mutual Funds

Chapters 10 & 11 – Venture Capital and Collective Investment Scheme

Short notes on Foreign Venture capital investors
Short note on Collective Investment Scheme

Chapter 12 – Buy-Back of Securities

Securities not available for buy-back
Buy- back of shares from non-resident shareholders
Buy back through the book-building process

Chapter 13 – Depositories

Benefits of the depository system
Internal audit of operations of depository participants
Rights and obligations of the depository participants

Chapter 14 – Public Issue of Securities

Green Shoe Option
Different types of book building processes
Short note on Employee Stock Option Scheme
Short note on reservation on competitive basis
Short note on Fast Track Issues
Requirements of preferential allotment

Chapter 15 – Debt Market

Various types of debt market instruments
Debt market intermediaries
Short note on listing of debt securities

Chapters 16 – 18 – International Capital Market and Investor Protection

Short note on FCCBs and ECBs
Short notes on Road shows
Procedure for making issue of IDRs
Legal framework for investor protection in India
Who is an Ombudsman?

We hope this article on CS Executive Important Questions has helped you in preparing well for the upcoming exam.