Escolar Documentos
Profissional Documentos
Cultura Documentos
l of Knowledge :
Working knowledge.
Objective . . .
To provide to the students basic understanding of some of the general and commercial laws which have a bearing on the conduct of the corporate affairs.
Contents . . .
1. Constitution of India
Broad framework of the Constitution of India; fundamental rights; directive principles of state policy; ordinance making powers of the President and the Governors; legislative powers of the Union and the States; freedom of trade, commerce and intercourse; constitutional provisions relating to State monopoly; judiciary; writ jurisdiction of High Courts and the Supreme Court; different types of writs - habeas corpus, mandamus, prohibition, quo warranto and certiorari; Concept of delegated legislation.
2. Interpretation of Statutes
Need for interpretation of a statute; general principles of interpretation internal and external aids to interpretation; primary and other rules.
3. An Overview of Law relating to Specific Relief; Arbitration and Conciliation; Torts; Limitation and Evidence. 4. Law relating to Transfer of Property
Important definitions; movable and immovable property; properties which cannot be transferred; rule against perpetuities; lis pendens; provisions relating to sale, mortgage, charge, lease, gift and actionable claim.
Elementary knowledge of the structure of civil courts, their jurisdiction, basic understanding of certain terms - order, judgement and decree,stay of suits, res judicata, suits by companies, minors, basic understanding of summary proceedings, appeals, reference, review and revision.
Readings
Title
Relevant Bare Acts General Laws and Procedures Constitution of India N.D.Kapoor & Rajni Abbi Sultan Chand Durga Das Basu Prentice Hall of India Taxmann Publication
Author
Publisher
References
Title
Mulla on the Transfer of Property Act. 1882 Civil Procedure Code The Law of Specific Relief The Law of Torts V.N.Shuklas the Constitution of India Indian Trusts Act, 1882; Revised by Dr.R.G.Chaturvedi Elements of Law of Evidence Law of Limitation Principles of Statutory Interpretation V.P.Sarathi V.G.Ramachandran G.P.Singh Eastern Book Company Eastern Book Company Wadhwa Publishing Company
Author
A.M.Satalvad M.P.Tandon Dr.S.C.Banerjee Ramaswamy Iyer Dr.D.K.Singh(Ed.) N.Suryanarayana Iyer
Publisher
N.M.TYripathi Allahabad Law Agency Law Book Company N.M.Tripathi Eastern Book Company Law Book Company
Code of Criminal Procedure Kelkars Lectures on Criminal Procedure Interpretation of Statutes Civil Procedure Law of Transfer of Property Torts Ed.by WVH Rogers Law of Contract and Specific Relief Dr.K.N.Chandrasekharan Pillai B.M.Gandhi C.K.Takwani Vepa P.Sarathi Winfield and Jolowicz Avtar Singh
Eastern Book Company Eastern Book Company Eastern Book Company Eastern Book Company Eastern Bookk Company Sweet and Maxwell Eastern Book Company
Journals
Title
Student Company Secretary (Monthly) Chartered Secretary (Monthly) All India Reporter The ICSI, New Delhi-110 003 All India Reporter Ltd., Congress Nagar, Nagpur The Law of Torts Ramaswamy Iyer N.M.Tripathi
Author
Publisher
The ICSI, New Delhi-110 003
CS_EP :: Executive Programme Paper 2 : Company Accounts, Cost and Management Accounting [One paper: Three Hours 100 marks] Level of Knowledge :
Working knowledge.
Objective . . .
(i) To provide working knowledge of accounting principles and procedures for companies in accordance with the statutory requirements. (ii) To acquaint the students with cost and management accounting techniques and practices.
Contents . . .
5. Preparation and presentation of final accounts of joint stock companies as per company law
requirements; bonus shares.
6. Holding and subsidiary companies accounting treatment and disclosures; consolidation of accounts. 7. Valuation of shares and intangible assets.
9. Elements of cost :
(i) Material cost purchase procedures, store keeping and inventory control, fixing of minimum, maximum and re-order levels, ABC analysis, pricing of receipts and issue of material and accounting thereof; accounting and control of wastage, spoilage and defectives. (ii) Labour cost classification of labour costs, payroll procedures, monetary and nonmonetary incentive schemes; labour turnover and remedial measures; treatment of idle time and overtime. (iii) Direct expenses nature, collection and classification of direct expenses and its treatment. (iv) Overheads nature, classification, collection, allocation, apportionment, absorption and control of overheads.
10. Methods of costing unit costing, contract costing. 11. Budgetary control preparation of various types of budgets, advantages and limitations; budgetary
control reports to management.
13. Analysis and interpretation of financial statements nature, objectives; latest trends in presenting
financial data; importance and limitations; accounting ratios - classification, advantages and limitations.
14. Cash flow statements classification of cash flows, preparation and usefulness.
Readings
Title
Advanced Accounts-Vol. II
Author
M.C.Shukla, T.S. Grewal & S.C.Gupta
Publisher
S.Chand
Advanced Accounting-Vol. 2 Fundamentals of Corporate Accounting Cost and Management Accounting Cost and Management Accouning
Ashok Sehgal & Deepak Sehgal Taxmanns J.R.Monga S.P.Jain & K.L.Narang M.N.Arora Mayur Paperbacks Kalyani Publishers Himalaya Publishing House
Managmenet Accountaing Cost and Management Accounting A Text Book of Cost and Management Accounting Cost and Management Accounting Cost Accounting
Management Accounting
I.M.Pandey
C.T.Horngren
Pearson Education
References
Title
International Financial Reporting Standards (IFRSs) Indian Accounting Standards & GAPP Compendium of Accounting Standards Dolphy DSouza Snow White Publications The Institute of Chartered Accountants of India Cost and Management Accounting S.P.Lyengar SultanChand
Author
Publisher
Taxmann Publication
Advanced Management Accounting Theory and Problems of Management and Cost Accounting Advanced Management Accounting Cost Accounting Principles and Practice
Drury Colin
CS_EP :: Executive Programme Paper 3 : Tax Laws [One paper: Three Hours 100 marks] Level of Knowledge :
Working knowledge.
Objective . . .
(i) To impart knowledge of the basic principles underlying the substantive provisions of income-tax, wealth tax, service tax and value added tax laws to the students. (ii) To equip students with application of principles and provisions of above tax laws in computation of income and taxation of a 'person' excluding companies under various heads of income and their assessment procedures.
4. Incomes which do not form part of total income. 5. Computation of total income under various heads, such as salaries, income from house property,
profit and gains of business or profession, capital gains, income from other sources.
6. Income of other persons included in assessee's total income; aggregation of income and set off or
carry forward of losses; various deductions to be made in computing total income, rebates and reliefs; applicable rates of taxes and tax liability.
7. Taxation of every person excluding companies, viz., individuals including nonresidents, Hindu
Undivided Family, firms, association of persons, cooperative societies, trusts and charitable and religious institutions, etc.
8. Provisions concerning procedure for filing returns, signatures, efiling, assessment and
reassessment.
9. Tax deducted at source, collection, recovery and refund of tax; provisions of advance tax. 10. Charge of banking cash transaction tax, taxable banking transaction, value of taxable banking
transaction, collection, recovery, return, assessment, rectification, interest on delayed payments, penalty, appeal, power to make rules.
11. Charge of fringe benefit tax, fringe benefits and deemed fringe benefits, valuation, payment and
return of fringe benefits, assessment, issue of notice, advance tax in respect of fringe benefits.
14. Assessment, levy, collection and payment of service tax, exemptions, CENVAT credit for service tax,
returns, appeals, revisions, advance rulings, role of Practising Company Secretaries.
16. Computation, procedural aspects including registration, filling of returns, rates of tax, assessment,
credit and set-off, returns, refunds, audit, appeals, revision and appearances.
17. Appointment, jurisdiction and powers of authorities, certifications for professionals. 18. Concept of VAT on services, VAT in other countries, scope for Company Secretaries.
Author
Dr.V.K.Singhania
Publisher
taxmann Publications
Systematic Approach to Income-tax and Sales-tax Direct Taxes practice and Planning Direct Taxes (with Tax Planning)
Sharad Bhargava
Mashbra Industries
Author
Publisher
Taxmann Publications Sultan Chand Bharat Law House
References
Title Author Publisher
Journals
Title
Chartered Secretary (Monthly Journal) Student Company Secretary (Monthly Bulletin) Income Tax Reports Company Law Institute of India Pvt. Ltd., Tyagaraja Road, Madras. Taxmann Taxation Excise Law Times Taxmann; 59/32, New Rohtak Road, New Delhi-110 005. Taxation; 174 Jor Bagh, New Delhi. Centex Publications; Defence Colony, 1512-B, Sachdeva P.T.College of Defence Colony, New Delhi-110 003. Tax and Corporate Referencer Bharat Law House Pvt. Ltd; 22, Tarun Enclave, Pitampura, New Delhi-110 034. I.C.S.I., New Delhi.
Author
I.C.S.I., New Delhi.
Publisher
CS_EP :: Executive Programme Paper 4 : Company Law [One paper: Three Hours 100 marks] Level of Knowledge :
Working knowledge.
Objective . . .
To develop an understanding of the regulation of companies and to provide thorough knowledge of the various provisions of the Company Law in India as well as Schedules and Rules made thereunder including their interpretation through case laws, departmental circulars, clarifications, notifications, etc.
Contents . . .
1. Introduction
Nature and form of business enterprise ; types of business enterprises; company definition and nature. Historical development of corporate concepts ; emergence of principles of limited liability and development of Company Law in England and India. Concept of corporate personality; corporate veil and its lifting. Working and administration of Company Law.
3. Financial Structure
Concept of capital and financing of companies, sources of capital; classes and types of shares; equity with differential rights; issue of shares at par, premium and discount; forfeiture and surrender of shares; bonus issues; rights issues; issue of sweat equity shares; employees stock option scheme; private placement. Alteration of share capital; reduction of capital; buyback of shares. Debt capital debentures, debenture stock, bonds; new developments in corporate debt financing; debenture trust deed and trustees; conversion of and redemption of debentures. Securing of debts creation, modification and satisfaction of charges. Prospectus definition; abridged prospectus; red-herring prospectus; shelf prospectus; information memorandum; contents, registration, misrepresentations and penalties. Allotment and certificates contracts to subscribe for shares, debentures and other securities; calls; share certificates and share warrants.
members; dematerialisation and rematerialisation of securities; transfer and transmission of securities in physical and depository modes; nomination.
6. Dividend
Profit and ascertainment of divisible profits; declaration and payment of dividend; treatment of unpaid and unclaimed dividend; transfer of unpaid and unclaimed dividend to Investor Education and Protection Fund.
Inspection of documents, books of account, registers etc; powers of the inspector, seizure of books and documents, inspector's report; power of the Registrar of Companies, investigation into affairs of the company.
14. Societies, Co-operative Societies, Trusts, Producer Companies and Limited Liability Partnerships
Concept, formation, membership, functioning and dissolution.
15. Application of Company Law to Different Sectors such as Banking, Insurance, etc. 16. Offences and Penalties
an overview.
Readings
Title
Company Law Guide to Companies Act Company Law Manual on Capital Issues Company Law Company Law and Practice
Author
Dr. Avtar Singh A. Ramaiya B.K.Sen Gupta
Publisher
Eastern Book Company Wadhwa Eastern Law House ICSI Publication
K.C.Garg, R.C.Chawla,Vijay Gupta Kalyani Publishers A.K.Mujumdar, Dr.G.K.Kapoor Taxmann Taxmann Sultan Chand Shri Mahavir Book Depot Universal Law Publishing
Students Guide to Corporate Laws V.S.Datey Company Law and Practice Modern Indian Company Law Company Law P.K.Ghosh & V.Balachandran M.C.Kuchhal H.K.Saharay
References
Title
Company Law Ready Reckoner; Company Law (Vol.1) Principles of Modern Company Law
Author
R.Suryanarayanan Palmer L.C.B. Gower
Publisher
Commercial Law Publishers Stevens Stevens
Circulars & Clarifications on Company Law Bhargava & Bhargava Taxmann Corporate Laws Bare Act Taxmann
Journals
Title
Chartered Secretary Student Company Secretary Corporate Law Adviser Company Law Journal
Author
ICSI, New Delhi. ICSI, New Delhi.
Publisher
Corporate Law Advisers, Post Bad No.3, Vasant Vihar, New Delhi. L.M.Sharma, Post Box No.2693, New Delhi-110 005.
CS_EP :: Executive Programme Paper 5 : Economic and Labour Laws [One paper: Three Hours 100 marks] Level of Knowledge :
Working knowledge.
Objective . . .
To provide an understanding of &masdh; (i) certain economic laws; and (ii) important labour laws which have direct relevance to the functioning of companies.
Main features; served from India scheme; export promotion council; vishesh krishi and gram udyog yojana; focus market scheme; duty exemption and remission schemes; advance authorisation scheme and DFRC, DEPB, EPCG, etc; EOUs, EHTPs, STPs, BPTs and SEZs.
Readings
Title
Competition Law Today Concepts, Issues and the Law in Practice Competition Law in India Policies, Issues, and Developments Law of Monopolistic Restrictive and Unfair Trade Practices, Third Edition, 1997 Practitioners Guide to Consumer Protection Law. Handbook on Consumer Protection Law Consumer Protection Law and practice Law of Consumer Protection Dr.K.R.Chandratre Dr.V.K.Aggarwal Dr.Gurbax Singh ICSI Vidhi Publishing Bharat Law House Bharat Law Publications Consumer Protection Act & Rules, Law Links Evironmental Law Kuldeep Saxena Sumeet Malik Eastern Book Company The Environment Law Dr.H.N.Tripathi Eastern Book S.M.Dugar T.Ramappa
Author
Vinod Dhall
Publisher
Oxford University Press Oxford University Press Wadhwa & Company
Company Commentaries on Water and Air Pollution Laws Guide to New Industrial Policy, with Procedure Lalls Rajiv Jain Delhi Law House India Investment Publications Prevention of Money-Laundering Act. International Guide to Money-Laundering Law and Practice Foreign Exchange Management Act. Foreign Exchange Management Manual. The Law of Trademarks, Copyright, Patents and Design. Law Relating to Patents, Trademarks, Copyright, Designs and Geographical Indications Law of Trademarks in India. The Management of Intellectual Property. Foreign Trade Policy and Procedure. Aswani Kr.Bansal Satyawrat Ponkse Ministry of Commerce & Industry Industrial Law P.L.Malik Eastern Book Company Handbook of Industrial Law Economic, Labour and Industrial Laws Labour and Industrial Laws N.D.Kapoor S.S.Gulshan & G.K.Kapoor P.L.Malik Sultan Chand Sultan Chand Eastern Book Company Labour Laws H.L.Kumar Universal Laws Publishing Labour & Industrial Laws (Legal Manual) Universal Law Publishing Bare Act Snow White S.K.Roy Chaudhary & H.K.Saharay B.L.Wadehra Bare Act Richard Parlour
CS_EP :: Executive Programme Paper 6 : Securities Laws and Compliances [One paper: Three Hours 100 marks] Level of Knowledge :
Expert knowledge
Objective . . .
To provide expert knowledge and understanding of securities laws and the regulatory framework concerning capital markets in India.
5. Mutual Funds
Introduction, definitions, types, risks involved, setting up of mutual fund; concept of Trustee and Asset Management Company; regulatory framework.
6. Venture Capital
Concept of venture capital, regulatory framework, registration, investment conditions and restrictions, foreign venture capital investors, private capital funds.
8. BuyBack of Securities
Objectives of buy-back; available sources for buyback of securities; conditions to be fulfilled and
obligations for buy-back of securities of both listed and unlisted companies; pricing for buy back; modes of buyback.
9. Depository System
Overview of depository system in India; Depositories Act; definitions, setting up of depository; role and functions of depository; depository participants; inspection and penalties; internal audit and concurrent audit of depository participants.
Readings
Title
Capital Market in India
Author
E.Gordon & K.Natarajan
Publisher
Himalaya Publishing House Bharat Law House Taxman Allied Service Tata McGraw Hill
Guide to Indian Capital Market Sanjeev Aggarwal SEBI Practice Manual Indian Financial Systems SEBI Law V.L.Iyer M.Y.Khan
References
Title
Compliances and Procedures under SEBI Law SEBI Manual Investment Management - Security Analysis and Portfolio Management Capital Markets in Central and Eastern Europe. Christian Eastern Book
Author
Mamta Bhargava Taxmann V.K.Bhalla
Publisher
Shreeji Publishers
S.Chand
Helmenstein SEBI Annual Report Indian Securities Market A Review Financial Derivatives Risk Management Capital Market Management V.K.Bhalla Dr.V.A.Avadhani
Dr.V.A.Avadhani
Journals
Title
SEBI and Corporate Laws Corporate Law Adviser Corporate Law Adviser, Post Bag No.3, Vasant Vihar, New Deli-110 052. SEBI Monthly Bulletin NSE News SEBI, Mumbai. National Stock Exchange of India Ltd. Mahindra Towers, Worli, Mumbai-400018.
Author
Publisher
Taxmann, 59/32, New Rohtak Road, New Delhi-110 005.
Note:
Students are advised to read relevant Bare Acts and Rules and Regulations relating thereto. Student Company Secretary and Chartered Secretary Should also be read regularly for updating the knowledge.