The Board of Studies (BoS) of the Institute of Chartered Accountant of India (ICAI) has now assigned weightage of marks to various sections of a subject. This facility would help students to plan their studies in a structured manner for the coming ICAI examinations.
Accordingly, each subject has been divided into various topics and topics have been grouped into sections and weightage range has been assigned to these sections. The question paper would take into consideration the weightage range assigned to different sections.
Following are the detail section wise weightage of marks assigned to the Paper-4 Corporate and Economic laws of CA Final course examination to be held in November 2023 under New Scheme of Education and Training.
Corporate and Economic laws: Section wise Marks Weightage
Part I- Corporate Laws (70 Marks)
| Section | Weightage | Contents |
|---|---|---|
| Section A: Company Law | ||
| 1. The Companies Act, 2013 and Rules framed thereunder in its entirety with specific reference to Section 149 onwards | ||
| I | 30% – 35% | (i) Appointment and Qualification of Directors (ii) Appointment and remuneration of Managerial Personnel (iii) Meetings of Board and its powers |
| II | 15% – 20% | (iv) Inspection, inquiry and Investigation (v) Compromises, Arrangements and Amalgamations (vi) Prevention of Oppression and Mismanagement |
| III | 25% – 40% | (vii) Winding Up (viii) Companies incorporated outside India (ix) Miscellaneous Provisions (x) Adjudication and Special Courts (xi) National Company Law Tribunal and Appellate Tribunal |
| 2. Corporate Secretarial Practice – Drafting of Notices, Resolutions, Minutes and Reports [Since the question will be based on any of the chapters pertaining to the Companies Act, 2013, so no separate skill grid is assigned to this chapter.] | ||
| Section B: Securities Laws | ||
| IV | 15% – 20% | 1. The Securities Contract (Regulation) Act, 1956 (SCRA) and the Securities Contract (Regulation) Rules, 1957 2. The Securities Exchange Board of India Act, 1992 and SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015. |
Part II- Economic Laws (30 Marks)
| Section | Weightage | Contents |
|---|---|---|
| I | 20% – 30% | 1. The Foreign Exchange Management Act, 1999 (FEMA) Introduction, broad structure of FEMA, definitions, regulation and management of foreign exchange, contravention and penalties and miscellaneous provisions. 2. The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Important Definitions, Management of assets by the Banks and the Financial Institutions. |
| II | 20% – 30% | 3. The Prevention of Money Laundering Act, 2002 (PMLA) Definitions, Punishment for the Offence of Money laundering, Obligation of Banking Companies, Financial Institutions and Intermediaries or a person carrying on a designated business or profession, Appellate Tribunal, Special Court, Procedure for Attachment and Confiscation of Property and Recovery of fines and penalties |
| III | 20% – 30% | 4. The Foreign Contribution Regulation Act, 2010 Definitions, Regulation of Foreign contribution and miscellaneous provisions 5. The Arbitration and Conciliation Act, 1996 General Provisions, Arbitration agreement, Tribunal, Conciliation |
| IV | 20% – 30% | 6. The Insolvency and Bankruptcy Code, 2016 Preliminary and Corporate insolvency resolution process. |
Chapter wise weightage of CA Final Paper-4 CEL
Part I- Corporate Laws (70 Marks)
| Chapter Number | Weightage | Chapter Name and Topics |
|---|---|---|
| Section A: Company Law | ||
| Chapter-1 Chapter-2 Chapter-3 | 30-35 Marks | 1. Appointment and Qualifications of Directors 2. Appointment and Remuneration of Managerial Personnel 3. Meetings of Board and its Powers |
| Chapter-4 Chapter-5 Chapter-6 | 15-20 Marks | 4. Inspection, Inquiry and Investigation 5. Compromises, Arrangements and Amalgamations 6. Prevention of Oppression and Mismanagement |
| Chapter-7 Chapter-9 Chapter-10 Chapter-11 Chapter-12 | 25-40 Marks | 7. Winding Up 9. Companies incorporated outside India 10. Miscellaneous Provisions 11. Compounding of Offences, Adjudication, Special Courts 12. National Company Law Tribunal and Appellate Tribunal |
| Section B: Securities Laws | ||
| Chapter-1 Chapter-2 | 15-20 Marks | 1. The Securities Contract (Regulation) Act, 1956 and the Securities Contract (Regulation) Rules, 1957 2. The Securities Exchange Board of India Act, 1992, and SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 |
Part II- Economic Laws (30 Marks)
| Chapter Number | Weightage | Chapter Name and Topics |
|---|---|---|
| Chapter-1 Chapter-2 | 20-30 Marks | 1. The Foreign Exchange Management Act, 1999 2. The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 |
| Chapter-3 | 20-30 Marks | 3. The Prevention of Money Laundering Act, 2002 |
| Chapter-4 Chapter-5 | 20-30 Marks | 4. Foreign Contribution Regulation Act, 2010 5. The Arbitration and Conciliation Act, 1996 |
| Chapter-6 | 20-30 Marks | 6. The Insolvency and Bankruptcy Code, 2016 |