CS Professional Important Topics Group 1 – Unmissable Topics
CS Professional Important Topics Group 1 (50 Most Important Topics): In this article ,We have Shared the list of important topics which should be read by every CS Professional Student before exam. These Important Topics for Group 1 acts as a check list for CS Professional Students who are preparing for group 1 as well as all three groups. We have kept special focus on subjects like Advance Company Laws and Practice , Corporate Restructuring,Valuation and Insolvency and Seceretrial Audit, Compliance Management and Due Diligence.Â
CS Professional Important Topics Group 1 : Advanced Company Law and Practice |
CHAPTER 1 : COMPANY FORMATION AND CONVERSION |
Process of Incorporation OPC Sec 8 NIDHI COMPANY     Conversion of Companies |
CHAPTER 2Â Â PROCEDURE OF ALTERATION OF MOA AND AOA |
Case laws on effect of alteration AOA                        Procedure of change in registered office between 2 States                        REGULATION 45 OF LODR                        |
CHAPTER 3: ISSUE AND ALLOTMENT OF SECURITIES |
Private placement EPOS Buyback                        DVR Sweat equity Bonus shares |
CHAPTER 4 : ALTERATION OF SHARE CAPITALÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â |
Procedure for alteration of share capital                        Forfeiture Surrender Procedure for Forfeiture           |
CHAPTER 5 : ISSUE AND REDEMPTION OF DEBENTURES AND BONDSÂ |
Debenture trustee            Â
Debenture Redemption Reserve                 Procedure for Roll Over of non – convertible portion of partly convertible debt instrument under SEBI. |
CHAPTER 6 : ACCEPTANCE OF DEPOSITS BY COMPANIESÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â |
RULE 16 , 17 ,21, 2 (1)c , 2 (1)e ,3 ,5,13,15, COMPANIES (ACCEPTANCE OF DEPOSITS) RULES 2014 |
CHAPTER 7 : MEMBERSHIP AND TRANSFER /TRANSMISSION OF SHARESÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â |
Can a member be expelled?                        Variation of member right (106,107)                   Transfer and transmission                        Insider trading                        |
CHAPTER 8Â : KEY MANAGERIAL PERSONNELÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â |
Woman director                        Disqualification of director                        Independent director                        Appointment of director                        Managerial remuneration                        Contribution to charitable, political, national defense fund                        D & O liability and insurance      Sec 188       Powers of board , Political Contribution    |
CHAPTER 9 : COMPANY SECRETARY |
Secretarial audit                        Functions roles and responsibilities of Company secretary                                Appointment of Company secretary                   |
Get Recent Amendments, daily updates, study plan, short notes, video lectures, personal Guidance on Whatsapp Free of Cost.You can also join our WhatsApp group exclusively for Dedicated CS Professional Students Click here
CS Professional Important Topics Group 1 : Advance Company Law |
CHAPTER 10 :MEETINGS |
Quorum for all meetings, notice for all meetings   Adjournment of meeting           SS 1                        SS 2                        Committee of the board                        Audit committee                        Vigil mechanism                        Report on AGM                        Voting through electronic means                        Postal ballot                        Minutes & agenda                        |
CHAPTER 11: AUDITORS (INCLUDING ACCOUNTS) |
Section 134 (1)                        Internal audit                        Casual vacancy                        Rotation of Auditor              Removal of Auditor                               Appointment & reappointment of Auditor                        Disqualification of Auditor                                Resignation of Auditor                 Cost audit              Secretarial Audit   CARO |
CHAPTER 12 : PREPARATION AND PRESENTATION OF REPORTS |
Sec 134Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Directors responsibility statement sec 134 (3) c                        Management Discussion And Analysis Report                      Corporate social responsibility                        Disclosure of remuneration in Broad’s report                      Report On Annual general meeting    Performance Evaluation Reporting of CSR                |
CHAPTER 13: DISTRIBUTION OF PROFITS |
Procedure of declaration  and payment of dividend                                  |
CHAPTER 14 : CHARGES |
Procedure of charge                       Â
Sec 77-87                        Consequences of non registration                        |
CHAPTER 15 : INTER-CORPORATE LOANS, INVESTMENTS, GUARANTEE & SECURITY |
Sec 186Â
Sec 187 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â |
CHAPTER 16 :E FILLING |
DSCÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
DIN                    Important terms and definitions                 Front office vs back office                        XBRL               |
CHAPTER 17 : STRIKING OFF NAMES OF COMPANIES |
Procedure of strike off                               Â
Dormant company                |
CHAPTER 18 : TRUST AND NON PROFIT ORGANISATIONS |
Procedure for registration for trust and society         Â
Dissolution of society |
CS Professional Important Topics Group 1 :Corporate Restructuring, Valuation and Insolvency |
As CS is a professional course, students are advised to study all chapters thoroughly. Some of the CS Professional Important Topics Group 1 which should be focused mainly are listed herein below. Students are advice to read Chapters named Merger and Amalgamation , Takeover Code , Valuation Theory and Insolvency Code fully without ignoring any topic from these chapters. |
Corporate Restructuring, Valuation and Insolvency :Â PART – A |
1. Growth can be organic or inorganic. 2. Important aspects to be considered while planning or implementing corporate restructuring strategies. 3. Various types of corporate restructuring strategies. 4. Modes of Winding up. 5. Regulatory Framework of Mergers and Amalgamations 6. Regulations relating to Corporate Restructuring. 7. Sections 230 to 240 all new sections are important except 234 which has been notified recently. 8. Approvals in scheme of amalgamation. 9. Page No. 27 to 49 (March 2017 edition) most important for case laws, do not leave a single topic. 10. Reasons for Merger and Amalgamation. 11. Combinations – Thresholds. 12. Inquiry into combination by the Commission. 13. Procedure for investigation of combination. 14. Orders of Commission on certain combinations. 15. Is AS – 14 applicable to Demerger. 16. Types and methods of amalgamation. 17. Treatment of Reserves and Goodwill on Amalgamation. 18. Disclosure Requirements. 19. Ind AS-103, Business Combinations and AS-14, Accounting for Amalgamations. V.Imp. 20. Stamp Duty Payable on a Tribunal Order Sanctioning Amalgamation. 21. Incidence of Levy of Stamp Duty. 22. Amalgamation between Holding and Subsidiary Companies — Exemption from payment of Stamp Duty. V.Imp. 23. Tax Aspects of M & A. 24. Rights of minority shareholders during mergers/amalgamations/ takeovers. 25. Amalgamation between two Banking Companies. 26. Amalgamation between Govt. Companies. 27. Demerger and its types. 28. All case laws relating to Demerger. 29. Takeover and its kind. 30. Check list of Takeover important for both CRI and DD. 31. Important Regulations – 3,6,10,11,17,20,23,25,,26,27,29,30,31 important for both CRI and DD. 32. Defensive Measures. 33. Types of anti-takeover amendments. 34. Funding through various types of Financial Instruments. (Most important point E,F,H,I &J). 35. Procedure for reduction of capital. 36. Methods of Buy – Back. 37. Regulation 9, 10, 15, 17, 19 & 20. |
CHAPTER 12 : PREPARATION AND PRESENTATION OF REPORTS |
Sec 134Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Directors responsibility statement sec 134 (3) c                        Management Discussion And Analysis Report                      Corporate social responsibility                        Disclosure of remuneration in Broad’s report                      Report On Annual general meeting    Performance Evaluation Reporting of CSR                |
CHAPTER 13: DISTRIBUTION OF PROFITS |
Procedure of declaration  and payment of dividend                                  |
CHAPTER 14 : CHARGES |
Procedure of charge                       Â
Sec 77-87                        Consequences of non registration                        |
CHAPTER 15 : INTER-CORPORATE LOANS, INVESTMENTS, GUARANTEE & SECURITY |
Sec 186Â
Sec 187 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â |
CHAPTER 16 :E FILLING |
DSCÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
DIN                    Important terms and definitions                 Front office vs back office                        XBRL               |
CHAPTER 17 : STRIKING OFF NAMES OF COMPANIES |
Procedure of strike off                               Â
Dormant company                |
CHAPTER 18 : TRUST AND NON PROFIT ORGANISATIONS |
Procedure for registration for trust and society         Â
Dissolution of society |
Corporate Restructuring, Valuation and Insolvency :Â PART – B |
1. Read whole chapter. Only 2 chapter 30 marks weightage. 2. Practice numerical of last 5 attempts. 3. Case Studies of these two Chapters. |
Corporate Restructuring, Valuation and Insolvency :Â PART – C |
1. The Insolvency Adjudication Process. 2. Persons who are not entitled to initiate corporate insolvency resolution. 3. Corporate Insolvency resolution process at a glance. 4. Steps and parties involved in Securitization. 5. Important Sections of SARFAESI Act – 3, 4, 9, 13, 15, 18, 31 6. Rules. 7. Case studies of this Chapter. 8. Page 398 Case law. 9. Important Sections of DRT – 19, 19A, 25, 34 10. Winding Up important Sections – 271, 272, 273, 290, 326, 327, 356 11. Liquidation Process under the Insolvency and Bankruptcy Code, 2016 [Section 33 to 54] 12. Cross border important Article – 11, 14, 19, 21 13. Certain basic terms Page 445. |
CS Professional Important Topics Group 1 :Secretarial Audit, Compliance Management and Due Diligence |
Important Topics for All the Chapters |
1)Â Â Â Â Â Â Â Â Â Â Â Objectives and scope of Secretarial Audit.
2)           Secretarial Audit process. 3)           Benefits and Beneficiaries of Secretarial Audit. 4)           Scope and Functions of SSB. 5)           Procedure for issuing SS. 6)           SS – 1. 7)           Format of MR – 3. 8)           Chapter 2 (1st part) same as Company Law. 9)           Foreign Direct Investment and its Checklists. 10)         Direct investment outside India – Automatic/Approval Route. 11)         ECB. 12)         FCCB AND FCEB. 13)         Objectives and types of Due Diligence (DD). 14)         Factors to be kept in mind while conducting DD. 15)         Documents to be checked in DD process. 16)         Data Room all topics. 17)         DD v/s Audit. 18)         Checklist under SEBI (ICDR) Reg. 2009. 19)         Checklist on Major IPO Compliances. 20)         Preferential Issue. 21)         Right Issue. 22)         QIP. 23)         SME. 24)         Checklist foe compliances w.r.t. Non Convertible Debt Securities. 25)         Types of Depository Receipts. 26)         Sponsored ADR/ GDR. 27)         Regulatory framework within and outside India on issue of DR. 28)         Process of issue GDR. 29)         Checklist under Companies (Issue of GDR) Rules 2016. 30)         Issue of FCCB. 31)         IDR. 32)         Activity schedule for planning a Merger. 33)         Scheme of Amalgamation. 34)         Cultural DD and its scope. 35)         Takeover DD and its checklists. 36)         Takeover Regulations – 8, 21, 23, 25, 26, 27, 32 (Study regulations from CR also). 37)         How to determine appreciable adverse effect. 38)         Anti Competitive Agreements are Void. 39)         When Dominance gets abused. 40)         Combination Thresholds. 41)         Regulation of Combination and its Checklists. 42)         Checklist for Anti Competitive Agreements. 43)         Checklist for Abuse of Dominant position. 44)         Evaluation of appreciable adverse effect on competition. 45)         Advantages of Competition Compliance Programme. 46)         Objectives and scope of Legal DD. 47)         Legal DD process. 48)         Possible hurdles and remedial action. 49)         Need for Diligence Report. 50)         Sri Ram Food and Fertilizers case. 51)         Ganga pollution case. 52)         Why Environmental DD. 53)         Process involved in Environmental DD. 54)         Checklist on Major compliances. 55)         EIA. 56)         EMP. 57)         ISO 14001. 58)         Risk Analysis Matrix. 59)         Risk of Non compliance. 60)         Significance of corporate compliance management. 61)         Role of IT in Compliance Management. 62)         Apparent, Adequate and Absolute compliances. 63)         Compliance Programme. |
CS Professional Important TopicsÂ
Here we are providing subject wise important topics to CS Professional students. See below How to prepare CS Professional Module – 1 Module – 2 and Module – 3. Click below links
Module I
- Advanced Company Law and Practice
- Secretarial Audit, Compliance Management, and Due Diligence
- Corporate Restructuring, Valuation, and Insolvency
Module II
- Information Technology and Systems Audit
- Financial, Treasury and Forex Management
- Ethics, Governance, and Sustainability
Module III
CS Professional Important Chapters
Important Chapters of CS Professional Exam
Here we are providing subject wise important chapters to CS Professional students. See below How to prepare CS Professional Module – 1, Module – 2, Module – 3 and Elective Papers. Click below links
Module I
Paper 1. Advanced Company Law and Practice
Paper 2. Secretarial Audit, Compliance Management and Due Diligence
Paper 3. Corporate Restructuring, Valuation and Insolvency
Module II
Paper 4. Information Technology and System Audit
Paper 5. Financial Treasury and Forex Management
Paper 6. Ethics, Governance and Sustainability
Module III
Paper 8. Drafting, Appearances and Pleadings
Best CS Professional Books to pass CS Exams
https://cscartindia.com/2017/09/13/cs-professional-best-books-pass-cs-exams/
Thanks alot for this imp topics list… a great social help