The CS Executive Company Law Paper - An Introduction
Company Law is Paper 2 of Module 1 in the CS Executive examination conducted by ICSI. It is one of the most difficult papers to score marks in and this is mostly because students fail to understand the pattern of the paper. Today we are going to focus on two important aspects:
- Break down and understand the pattern of the paper as per the latest ICSI guideline
- Take a look at the ICSI suggestion list in a FAQ pattern for better understanding of the paper.
So lets get started without wasting any time.
Is the CS Executive Company Law Paper subjective or objective?
The Company Law Paper consists of only subjective questions.
What are the types of questions asked in Company Law Paper?
There are two types of questions asked in the Company Law Paper:
- Direct Questions
- Case Study Based Questions
How many Case Study Based Questions and Direct Questions are asked in the Company Law Paper?
Generally, the amount of case study based questions that are asked in the Company Law Paper constitutes around 65-70% of the paper. These questions are either of 3 marks, 4 marks or 5 marks and in some cases, 8 marks. The direct questions asked in the Company Law Paper constitute around 30-35% of the paper. These questions are generally of 3 marks, 4 marks or 5 marks.
What are Case Study Based Questions & What are the different types?
In Case Study Based Questions, a scenario is given to the student. First the student has to understand the scenario, understand the provisions / precedent applicable to it. Then apply the provisions / precedent to the situation and finally reach a conclusion on that basis.
There are two types of Case Study Based Questions:
- Provision based
These are the questions that are based upon the provisions of the Companies Act, 2013, the Companies (Rules), 2014 and any circulars and notifications issued by MCA.
- Precedent based
These are the questions that are based upon landmark judgements.
How many students pass in the Company Law Paper?
As per the e-journal issued by ICSI, more than 65% of the students fail to score more than 40 marks in the Company Law Paper and therefore fail the paper. Accordingly, less than 35% of the students pass the Company Law Paper.
How many students score above 60 marks in the Company Law Paper?
As per the e-journal issued by ICSI, only 2.13% of the students who attempt the exam score more than 60 marks in the paper while around 10% of the students score between 50-59 marks. The rest i.e. around 22% of the students who attempt the exam score between 40-49 marks.
How to score more in the Company Law Paper?
As a majority of the questions are in a case study pattern, it is pertinent that the student has a good understanding of how to approach these types of questions. Majority of the students who fail to score in the Company Law Paper lack understanding of these types of questions.
How to solve a case study based question?
The best way to solve case study based questions is to follow the approach created by CS Midhas Purohit. We call it the ‘PAC’ Technique. In the PAC Technique
- P stands for Provisions wherein the student recognizes and mentions the sections/rules applicable to the given question.
- A stands for Applicability of the Provisions wherein the student applies the provisions mentioned above to the scenario created in the question.
- C stands for Conclusion wherein the student concludes the answer.
This approach is guaranteed to cover all the points that an examiner is seeking. Therefore it is guaranteed to get you more marks in the exam.
Where can I find good case study based questions and solved answers?
The ICSI module does not provide case study based questions and answers. Therefore a student shall have to look for other resources in order to understand the correct way to answer case study based questions in CS Executive. There is lots of material available on the internet on case study based questions. But these are majorly prepared by inexperienced bloggers and content creators. We have seen a lot of mistakes in the answers provided by people on the internet. So you need to be very careful before you start studying from such sources.
Never rely on the answers that are NOT PREPARED by professionals and experienced teachers.
So if you are searching for good case studies with excellent answers, then you have come to the right place. LectureKart provides “The Company Law Case Study Compiler by CS Midhas Purohit For CS Executive”.
It consists of 100 handpicked solved case study based questions. CS Midhas Purohit has solved these questions as per the PAC technique so that the students can familiarize themselves with the pattern. It teaches you how to write answers that will fetch you high marks in your next attempt of CS Executive Company Law Paper 2 of Module 1.