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STUDY MATERIAL - EXECUTIVE PROGRAMME COMPANY COMPANY LAW

In view of increasing emphasis on adherence to norms of good corporate
governance, Company Law assumes an added importance in the corporate legislative
milieu, as it deals with structure, management, administration and conduct of affairs of
Companies.

A thorough study of various provisions of the Companies Act is a must for
becoming a competent and efficient Company Secretary. In the light of this, the study
material has been published to impart thorough knowledge to the students preparing
for the Company Law paper of the CS Executive Programme.

The study material is based on those sections of the Companies Act, 2013 and the
rules made there under which have been notified by the Government of India and
came into force w.e.f. April 01, 2014 (including Amendments/clarifications/circulars
issued there under upto June, 2014).

In respect of sections of The Companies Act,
2013 which have not been notified, applicable sections of Companies Act, 1956 have
been dealt with in the study.
Company Secretaryship being a professional course, the examination standards
are set very high, with emphasis on knowledge of concepts, applications, procedures
and case laws, for which sole reliance on the contents of the study material may not be
enough. Besides Company Secretaries Regulations, 1982 requires the students to be
conversant with the amendments to the laws made upto six months preceding the date
of examination.

This study material may therefore be regarded as basic material and
must be read along with the notified provisions of companies Act 2013 and rules made
thereunder and the provisions of Companies Act 1956 which is still in force.
The amendments made upto June 2014 have been incorporated in this study
material. However, it may happen that some developments might have taken place
during the printing of the study material and its supply to the students. The students are
therefore advised to refer to the bulletin 'Student Company Secretary' and ICSI Journal
Chartered Secretary and other publications for updation of study material. In the event
of any doubt, students may contact the Directorate of Academicsat
academics@icsi.edu.
Although due care has been taken in publishing this study material yet the
possibility of errors, omissions and/or discrepancies cannot be ruled out. This
publication is released with an understanding that the Institute shall not be responsible
for any errors, omissions and/or discrepancies or any action taken in that behalf.
Should there be any discrepancy, error or omission noted in the study material, the
Institute shall be obliged if the same are brought to its notice for issue of corrigendum
in the e-bulletin' and Student Company Secretary'.

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