WELCOMEWEBINAR ON

SMART APPROACH TO FACE CA EXAMBY CA VIJAY RAJA

THANKS FOR THE SUPPORT

DEAR ICAI

DIFFERENT PATHS, SAME DESTINATION

5TOPICTOPIC

4TOPIC

3TOPIC

2

T O P I C S D I S C U S S I N G

11 POINTSFor success in CA

Exams

CA EXAMSPreparation Tips for COL & CEL

TIME-TABLEWhen Exams are

near

DIET PLANDuring Preparation

phase

TOPIC

6MEDITATION/

SPORTSPart of Study plan

TOPIC

1EXAMINATION

TIPSBy ICAI

Reach examination hall well in time.

01In 15 minutes pre-exam time, read

question paper thoroughly and carefully.

02Plan time appropriately, to answer each question and check answers as

well.

03

EXAMINATION TIPS BY ICAI

First impression is the last impression.The question which you can answer in the best manner should be attempted

first.

04Always attempt all questions.

Therefore, it is important that you must finish each question within

allocated time.

05Read the Question carefully more

than once before starting the answer to understand very clearly as to what

is required.

06

EXAMINATION TIPS BY ICAI

Answer all parts of a question.Do not answer different parts of the same question at different places.

07Write in neat and legible hand

writing.

08Always be concise and write to point

and do not try to fill pages unnecessarily.

09

EXAMINATION TIPS BY ICAI

There must be logical expression of answers. Check all answers

thoroughly and underline important points before leaving the hall.

10In case of a question is not clear, you may state your assumptions and then

answer the question.

11Language is an important point of

concern. Students may overcome this by practice writing and self

examination.

12

EXAMINATION TIPS BY ICAI

BRAD HOGG’S DISMISSAL OF SACHININDIA AUSTRALIA 2007 SERIES

“Never again Mate”

PAINTINGS OF PABLO PICASSO

DHYAN CHAND1928 - 1964 Hockey

Olympics7/8 Won

570 Goals185 Matches

3 GoalsIn last 4 minutes

FOR SUCCESS

11 POINTS

IN EXAM1CONFIDENCE

Hard Work Beliefs

Positivity Motivation

2

Study a mix of 2 Subjects

per day Assess your strong and Weak points

Tick To-Do List Books & Time

-table

3

Study Practice Test

EXAM TIMINGS

Train your Biological Clock

4Identify mistakes Solving

practical Questions

Solve moreUnderstand why?

5Summarize

Notes to 10%

Summary Notes Manuals

Question papers

Classwork

FOR THEORY

6

Reading Time15 Minutes

Identify 40 marks

Min

utes7

Q1 Q2 Q3

1.7 Minutes per mark

QuestionsQ4

8Increases accuracy WRITE

YOUR BEST ANSWER FIRST

More Efficiency Confidence

9Remembering Important points

Underline Mark

Highlight Tick/ Star

10

Specific references to calculations Annexure to

main answer

Quoting laws and

application WORKING NOTES

1165%

Questions are Tough in exam

85%

Writing Answers in exam

55%

Analyzing and applying knowledge

5%

Excess Time Recheck Answers

CA EXAMSPREPARATION TIPS FOR

COL & CEL

CA EXAMSPREPARATION TIPS

Tip

1

Application oriented question involveDiscussion on point of Law/ Case Law

1. Provision of LawCovering the above problem area

2. Relevant facts of the caseSynopsis and the main problem area

3. Conclusion/ RemarksIn clear wordsApplication of legal provision of law

ANSWERINGAPPLICATIONORIENTEDQUESTION

Format for answering:

CONTENT AT A GLANCE FOR CA FINALPART 1 – Company Law [70 marks]

Section A – Companies Act

Topic Particulars Weightage of Marks

    % Marks

1 Appointment and Qualification of Directors 30%-35% 21-25

2 Meetings of Board and its powers 

3 Appointment & Remuneration of Managerial Personnel

4 Inspection, Inquiry and Investigation 15%-20% 11-14

5 Compromise, Arrangements & Amalgamation

6 Prevention of Oppression & Mismanagement

7 Registered Valuers 25%-40% 18-28

8 Winding up

9 Companies Incorporated Outside India

10 Government Companies

11 Strike Off or Fast Track Exit

12 Nidhis

13 Miscellaneous Provisions

14 Compounding of offences, Adjudication and Special Courts

15 National Company Law Tribunal & National Company Law Appellate Tribunal

16 Corporate Secretarial Practice – Drafting of Notices, Resolutions, Minutes and Reports

Section B – Securities Laws

17 Securities Contract (Regulation) Act, 1956 & Securities Contract (Regulation) Rules, 1957

15%-20% 11-14

18 Securities Exchange Board of India, 1992; and SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015

PART 2 – Economic Laws [30 marks]

19 The Foreign Exchange Management Act, 1999 20%-30% 6-9

20 The Securitization & Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 

21 The Prevention of Money Laundering Act, 2002 20%-30% 6-9

22 The Foreign Contribution Regulation Act, 2010 20%-30% 6-9

23 The Arbitration and Conciliation Act, 1996

24 The Insolvency and Bankruptcy Code, 2016 20%-30% 6-9

CONTENT AT A GLANCE FOR CA INTERMEDIATE

PART 1 – Company Law [60 marks]

Forms Chapter Particulars Weightage of Marks

% Marks

  I(1 – 2)

Preliminary - Features and types 25%-40% 15-24

INC II(3 – 22)

Incorporation of a company

PAS III(23 – 42)

Prospectus and allotment of securities

SH IV(43 – 72)

Share capital and debentures

DPT V(73 – 76)

Deposits 25%-35% 15-21

CHG VI(77 – 87)

Registration of charges

MGT VII(88 – 122)

Management and administration

IEPF VIII(123 – 127)

Declaration and Payment of Dividend 35%-40% 21-24

AOC IX(128 – 138)

Accounts of Company

ADT X(139 – 148)

Audit and Auditors

PART 2 – Other Laws [40 marks]

Forms Particulars Weightage of Marks

% Marks

1 Indian Contract Act, 1872 30%-35% 12-14

2 The Negotiable Instruments Act, 1881 20%-35% 8-14

3 Interpretation of statutes 15%-25% 6-10

4 The General Clauses Act, 1897 15%-25% 6-10

Note:1. All amendments up to April 30th, apply for November

exams.2. Similarly, all amendments up to 31st October apply for

May exams3. MCQ’s for 30 marks of one mark each or more. No

negative marking.

HOW TO PREPARECHARTS/ SHORT NOTES/ SUMMARY

Shares

Kinds[ES/PS]

S.43 Nature[Movable]

S.44

Distinct Number

S.45

CertificateSigned

S.46

Voting RightsS.47

VariationS.48

Calls uniform

S.49

AdvanceS.50

Dividends on adv

S.51

20

Alteration of Capital Clause

Change of Capital u/s 61

Ways of Change (5) * Increase of Authorized Share Capital * Consolidation * Conversion of share to stock*Sub-divide (Share split)* Distribution of Capital

Procedure* Ordinary Resolution*File SH - 7 (30 days) *File Amended Memorandum of Association

Reduction of Capital u/s 66

Ways of reduction(3)

* Extinguish / Reduce Liability * Cancel Capital which is lost * Pay off Excess

Procedure *Application to NCLT* GM-SR; MGT -14 * Amend MOA* Objections of CG/ ROC/ SEBI/ Creditors * Objections in 3 months* Follow Accounting Standards

21

Closing of Registers – Sec 91

Reason for closure

Declaration of Dividends, BuyBack, Bonus Issue, Right Shares, etc

Time Limits (Closure Period)

At a time max 30 days Aggregate in a year max 45 days

Procedure

Listed Co. or Co. Intended to be listed

Notice to SEBI & ROC at least 7 days before closure

Two Newspapers Website of Co.

Private Co.

Notice to all members 7 days before closure

MEETINGS OF COMPANY

Shareholders Meeting

General Meeting

Equity Shares

AGMSec 96

EGMSec 100

Class meeting

Preference shares or Variation of Rights Sec.48 r/w 43 (DVR)

Directors Meeting

Board Meeting

All Directors

Committee Meetings

AC NRC SRC

Lenders Meeting (Creditors/Debenture

Holders Meeting

During working

of Co.

During Winding Up

Note:1. AGM – Annual General Meeting2. EGM – Extraordinary General Meeting 3. NRC – Nomination & Remuneration Committee 4. SRC- Stakeholders Relationship Committee 5. AC – Audit Committee

Minutes Sec. 118 & 119

Kept at Registered Officepermanently

Open for inspection for

Minimum 2 hrs a day

Demand copies: Co. Shall furnish copes within 7

days of request on payment of fees

In case of default

Penalty

Co. 25k

OID5K

Order of Inspection by Tribunal

Time of preparation

Within 30 days

☆ Who is supposed to sign

• General meeting: by the chairman of the said meeting or in case of death, by director authorised by board.

• Board Meeting: signed by chairman of the said meeting or chairman of succeeding meeting• Resolution passed by postal ballot: by the chairman of the Board within the aforesaid period

of 30 days or in case of death, by director authorised by board

* Requirements of minutes • Fair and correct summary of the proceedings [Sec 118(2)]

• Confirmation with respect to appointments made at meeting shall be included in minutes [Sec 118(3)]

• Minutes of Board meeting to include: The directors present in the meeting and in case of each resolution, the name of the directors who have dissented [Sec 118(4)]

• Minutes shall not include any matter which in the opinion of the chairman of the meeting is defamatory, irrelevant, immaterial, or detrimental to the interests of the company [Sec 118(5)].

☆• The chairman shall exercise an absolute discretion in regard to the inclusion or non-inclusion

of any matter in the minutes on the grounds specified in this sub-section [Sec 118(6)].

INTEGRATED CASE SCENERIO BASED MCQ

3 MCQs BASED ON CASE SCENERIO

GHWX Private Limited was incorporated in the year 2009. The registered Office of the company. GHWX Private Limited was situated in city T of state V.

The Board of Directors of GHWX Private Limited comprised of five directors namely Mr. K, Mr. N, Mr. R, Mr. U and Mr. W. During the financial year

beginning on 01/04/2018 and ending on 31/03/2019 the second meeting of Board of Directors of GHWX Private Limited was held on 7 September, 2018.

Out of 5 directors, Mr. K, Mr. N, Mr. R and Mr. W , were present for the said meeting. During the meeting of Board of Directors a resolution on one of the

important matters was passed. While three directors namely Mr. K, Mr. N and Mr. R agreed with the resolution and voted in favour of resolution, however,

Mr. W did not agree with the resolution and voted against the resolution.

The minutes of the second meeting of Board of Directors of GHWX Private Limited held on 7 September, 2018 were prepared and they were entered in

Minutes Book of meeting of Board of Directors of GHWX Private Limited. One of the director Mr. K was of the opinion that minutes of second meeting of

Board of Directors of GHWX Private Limited must be prepared and entered in Minute Book of meeting of Board of Directors of GHWX Private Limited by

end of October, 2018. The remaining four directors namely Mr. N, Mr. R, Mr. U and Mr. W, did not agree with the opinion of Mr. K because they thought that

it was not within the time limit as prescribed by the law.

One of the directors, Mr. N. opined that minute books of meetings of Board of Directors of GHWX Private Limited for the years starting with 2009 to 2015

should be shredded to ruins as these papers were taking a lot of space. He further added that since the Companies Act, 2013 is silent as to maintaining

the minute book of meetings of Board of Directors, it is not necessary to maintain such minute books. The Board of Directors of GHWX Private Limited

did not decide any place where minute book of meetings of Board of Directors of GHWX Private Limited will be kept.

Keeping the provisions of the Companies Act, 2013, in mind answer the following multiple choice questions:

The second meeting of Board of Directors of GHWX Private Limited was held on 7 September, 2018 for the financial year 2018-19. The minutes of second meeting of Board of Directors of GHWX Private Limited for financial year 2018 -19 must contain:

(a) Name of director Mr. U who was absent from the meeting of Board of Directors held on 7 September, 2018

(b) Names of all the directors Mr. K, Mr. N, Mr. R, Mr. U and Mr. W comprising Board of Directors of GHWX Private Limited.

(c) Name of one director Mr. U who was absent and atleast one director who was present in the meeting of Board of Directors held on 7 September, 2018.

(d) Names of directors Mr. K, Mr. N, Mr. R and Mr. W who were present in the meeting of Board of Directors held on 7 September, 2018.

In case of the resolution talked in the case study, the minutes of second meeting of Board of Directors of GHWX Private Limited for financial year 2018 -19 held on 7 September, 2018 must contain:

(a) Name of any two directors who were present in meeting and voted in the resolution.

(b) Name of director Mr. W who voted against the resolution.

(c) Name of directors Mr. K, Mr. N and Mr. R who voted in favour of the resolution.

(c) Names of all the directors Mr. K, Mr. N, Mr. R, Mr. U and Mr. W who all had the right to attend the meeting and vote in the resolution.

The opinion of one of the director, Mr. K was that minutes of second meeting of Board of Directors of GHWX Private Limited for financial year 2018-19 must be prepared and entered in minutes book of meeting of Board of Directors of GHWX Private Limited by the end of October, 2018 is incorrect. The opinion of Mr. K is incorrect because:

(a) Minutes of second meeting of Board of Directors of GHWX Private Limited for financial year 2018-19 must be entered in minute book of meeting of Board of Directors within thirty days of the conclusion of meeting on 7 September, 2018.

(b) Minutes of second meeting of Board of Directors of GHWX Private Limited for the financial year 201819 must be entered in minute book of meeting of Board of Directors within sixty days of the conclusion of meeting on 7 September, 2018.

(c) Minutes of second meeting of Board of Directors of GHWX Private Limited for the financial year 2018-19 must be entered in minute book of meeting of Board of Directors within ninety days of the conclusion of meeting on 7 September, 2018.

(c) Minutes of second meeting of Board of Directors of GHWX Private Limited for financial year 2018-19 must be entered in minute book of meeting of Board of Directors within one twenty days of the conclusion of meeting on 7 September, 2018.

DIFFERENCE BETWEEN 164 AND 167

164

Disqualification

Before Appointment

Proposed to be a director

167

Vacation

After Appointment

Existing Director

31Compiled by CA VIJAY RAJA, Bangalore

VACATION OF OFFICE OF DIRECTOR SEC 167

167 (1)

167 (a) to (h)

Grounds for vacation

(8 grounds)

167 (2)

Penalties

Imprisonment upto 1 year Or

Fine – 1L to 5 LOr

Both [It is called

compoundable offence i.e. paying the

fine instead of imprisonment]

167 (3)

All directors vacate

Either Promoter or Central

Government shall appoint

167 (4)

Private companies can provide additional grounds

Similar to 164 (3)

32Compiled by CA VIJAY RAJA, Bangalore

Resident Director 149 (3)

ED as RD

203 r/w 196

Residents in last 12 months

NED as RD

149 (3)

Resident for 182 days

33Compiled by CA VIJAY RAJA, Bangalore

Sec 149 of Companies Act, 2013

Basic Provision 149(1) to (3)

149(1) Basic Misc

Provisions

Individual to be director

Min/Max No. of Directors

Min 123

Max 151515

One women Director

Listed Public Unlisted

Cap – 100 CrT/0-300 Cr

149(2)TransitionProvision

[old law to New Law]Co. Act 1956 -> 2013

149(3)Resident Director

All Companies

Independent Director 149(4) to (13)

149(4) – Applicability of ID §149(5) – Transition Provision§149(6) – Meaning of ID §149(7) – Declaration of Independence §149 (8), (9) – Restrictions / Remunerations §149(10),(11) – Termination/Re-appointment§149(12) – Liability of ID§149(13) – Rotation of Directors Not Applicable to ID

34Compiled by CA VIJAY RAJA, Bangalore

TIME - TABLEWHEN CA EXAMS ARE NEAR

TOPIC - 4

T I M E – T A B L E

1

2

3

4

5

69 AM TO 1 PMMorning Session

1 PM TO 2 PMLunch

2 PM TO 5 PMPost Lunch Session

5 PM TO 6 PMSnacks

6 PM TO 9 PMPre Dinner Session

9 PM TO 9:30 PMDinner

T I M E – T A B L E

TOTAL

7

8

7

12.5 hours/ dayAdd some brief about

the heading

9:30 PM TO 12 AMFinal Session

12 AM TO 7 AMSleep

7 hoursRelaxing Sleep and

start next day in fresh mind

S T U D Y P L A N

150DAYSSTUDY PLAN

90 DAYSTO STUDY

8 SUBJECTS

60 DAYSREVISION

11 DAYSPER SUBJECT

1.5 TO 2CHAPTERS/ DAY

32 DAYS

FIRST REVISION4 DAYS X 8 SUBJECTS

16 DAYS

SECOND REVISION2 DAYS X 8 SUBJECTS

12 DAYS

REVISE IMPORTANT TOPICSPRACTICE QUESTION PAPERS

R E V I S I O N – L A S T 6 0 D A Y S

STUDYINA

QUIETPLACE

ORLIBRARY

DIET PLANDURING PREPARATION PHASE

TOPIC - 5

D I E T P L A N

01Eat smaller,

Frequent meals

02Have a healthy,

wholesome breakfast

03Pay attention to

snacks

04Water is your best

friend

SPORTS/ MEDITATIONAS PART OF STUDY PLAN

TOPIC - 6

01

02

03

04

Improves Concentration and Attention

Stimulates growth of Brain cells

Reduces stress and anxiety

Increases retention of new information

SPORTS AND MEDITATIONHere you can add something in brief as the explanation, this is a demo text which you can

replace by your own content

05

06

07

08

Improves Problem solving skills

Increase IQ levels

Improves blood flow to the brain.

Lower absenteeism, better behavior

SPORTS AND MEDITATIONHere you can add something in brief as the explanation, this is a demo text which you can

replace by your own content

THINGS TO REMEMBER

- ALAN LAKEINFAILING TO PLAN IS PLANNING TO FAIL

EXECUTIONIDEAS DON’T MAKE YOU RICH. THE CORRECT EXECUTION OF IDEA DOES.

TIME IS THE WISEST COUNSELOR OF ALL.- PERICLES

- MARTIN FOWLER

I FIND THAT WRITING UNIT TESTS ACTUALLY INCREASES MY PROGRAMMING SPEED

PLAN

EXECUTION

TIME MANAGEMENT

WRITING SPEED

01POINT

02POINT

03POINT

04POINT

- JULIAN BARNES

MYSTIFICATION IS SIMPLE; CLARITY IS THE HARDEST OF ALL.

- VOLTAIRE

IT IS SAID THAT THE PRESENT IS PREGNANT WITH THE FUTURE

HEADINGIT TAKES 21 DAYS TO CREATE A HABIT, 90

DAYS TO CREATE A LIFESTYLE

- ABRAHAM LINCOLN

THINGS MAY COME TO THOSE WHO WAIT, BUT ONLY THE THINGS LEFT BY THOSE WHO HUSTLE

CONCEPTSCLARITY

PREDICTTREND

21 / 90 RULE

HUSTLE MIND

05POINT

06POINT

07POINT

08POINT

T H A N K S F O R W A T C H I N G

CA VIJAY RAJAPARTNER

GURU AND JANABANGALORE

www.vijayraja.com