Tuesday, November 22, 2011

10 Important Areas in Economic Laws Paper

10 Important Areas in Economic Laws Paper
MOST IMPORTANT AREAS IN ECONOMIC LAWS (MODULE 2 – CS EXECUTIVE):

FEMA
IDRA with specific reference to SEZ, Small Scale Industries etc.
Environment Protection Laws, including NET, PLI Act;
Consumer Protection Act, with recent Case Laws;
Competition Act, 2002 (As amended);
IPR;
Essential Commodities Act;
Standards & Weights Act;
FCRA;
Money Laundering.
NOTE: This interpretation is based on last 5 Years Question Papers. Students are advised to cover all areas in the syllabus. Please avoid selective study approach !.

Ten DONT’s in CS Exams:

Ten DONT’s in CS Exams:

Students are expected to NOT TO DO the following is CS Exams, which may invite low marks:

1. Quoting wrong Section Numbers;
2. Quoting wrong Years of the Act (especially in Economic & Labour Laws Paper);
3. Quoting wrong case laws; name of parties; citations;
4. Striking off lines, paras, words frequently;
5. Bad handwriting (not legible) in Drafting areas;
6. Answers in Bulk Paragraphs, and writing more general answers;
7. Showing poor knowledge in basic concepts, law and procedures;
8. Wrongly quoting Question numbers, especially sub-question numbers;
9. Poor performance in initial questions (first two or three pages in the answer sheet), and last few questions;
10. Confusing answers in practical questions; and not relating the practical question to the question facts, case laws or provisions.

10 Golden Rules to FETCH GOOD MARKS IN CS EXAMS

1) Study the Law conceptually;
2) Quote relevant Sections;
3) Quote relevant case laws;
4) Try to write recent case laws, though not asked;
5) Try to highlight your answers with recent Amendments;
6) Make all answers in Bullet-Points, avoid bulk paragraphs. Give an Introduction to all answers, even in problem questions;
7) Concentrate more on small marks questions; it will add to your totals, and attend ALL questions;
8)Present neatly, especially the initial answers;
9) Impress the examiner by a professional way of writing, especially in problem papers;
10) Write specific answers, dont confuse the examiner, and always use question facts.

Tips on How to Quote Case Laws in CS Exams ?


How to Quote Case Laws in CS Exams ?
Here are few tips:

There are different ways of quoting relevant case laws, and it depends upon the question.

In Theory Question Quote the relevant case in the answer text itself, using brackets. OR write…As it was decided in……………………(case name)…..continue your answer.

DON’T GIVE CASE LAWS AS A FOOT NOTE or by WRITING PLEASE REFER CASE LAW…These are bad practices, and attract low marks.

DONT WRITE as it was decided in the Celebrated Case / Famous Case…because you dont know whether the case was celebrated or famous. You can write so only in such famous case that you know for example: Salomon & Co. (Corporate Veil) or Ashbury Case (Ultra-Vires) or Satyam Case (for Section 408 / Opression & Mis-management.

DONT WRITE CASE CITATION WRONGLY….write only if you know correctly. Because, the examiner may know the Case Citation.

WRITE CASE LAW YEAR IF POSSIBLE….but dont write wrong years…

DONT WRITE THE COURT NAME WRONGLY…Usually students write as was held by The Supreme Court in…Make sure that the particular case law is of the Supreme Court…if you are not sure…then dont write….Identify the Court..as there will be a refernce in brackets…SC (Supreme Court), Del. (Delhi High Court), Mad. (Madras High Court), Ker. (Kerala High Court)

Monday, November 21, 2011

CS Executive: Exam Preparation Tips for GCL GROUP 1


Dear Friends,
I would like to dedicate this brief write up to the CS Executive students which is about how to perform well and score in the General and Commercial Law (GCL) subject of CS Executive course.
First we have to understand that General and Commercial Law (GCL) is a very scoring subject compare to the other subjects of CS, provided we know the exam pattern. If you use your working knowledge of General and Commercial Law (GCL) Acts which you have gained from ICSI study material with good writing skills than you can score around 70  marks in General and Commercial Law (GCL) which is very good toensure more than 50 % aggregate marks.
Kindly note – only working knowledge is enough in General and Commercial Law (GCL) with certain other facts. Reason being the acts which are there in the General and Commercial Law (GCL) Course have no such application in your professional working if you are working purely as a Company Secretary.
ROLE OR USE OF PREVIOUS YEARS’ ICSI GUIDELINES ANSWERS
General and Commercial Law (GCL) is a practical (theory based and not numerical based) paper which needs a good presentation skills.As per my suggestion use ICSI guidelines for previous 5 years to understand the method of solving practical queries. One more thing these practical queries takes very little time in exam provided you are well aware of the technique to deal with them. This is a very important point for time saving.
ROLE OF SCANNER IN GCL PREPARATION
Another important fact is that the ICSI repeatedly asked the same practical queries so in this way completion of scanner is very very important in General and Commercial Law (GCL). Use Scanner from the very beginning. It helps you to recognize which chapter is to be given preference. Prepare a list of Chapter wise frequently asked questions from the Scanner and prepare them properly.
Another useful aspect of practical queries is that sometimes they also help you to understand the theory written in study material. In other words you may use the practical queries as an example to understand the theory written in study material. Isa kehta hain ek teer do shikar. I am sure that this suggestion would be of some help.
Regarding chapters I’d like to say that start your preparation from the small chapters (page number wise). Refer the scanner at the same time to understand the scheme and importance of chapter. As per my understanding main advantage of starting with short chapters is that this trick will help you to settle your mind with technical and legal language of General and Commercial Law (GCL).   
ROLE OF STUDY MATERIAL
In General and Commercial Law (GCL) you have to deal with objective questions which requires through knowledge of the subject. So keeping in view this requirement we may conclude that importance of study material cannot be denied. To deal with objective or multiple choice questions true knowledge of topic is must and which can be achieved by referring to the study material.


Treat the chapters of Cr. P.C. and C.P.C. as most interesting and knowledgeable chapters as you are going to learn about the civil and criminal law of the country. Attach a different attitude with different chapters as it’ll help you to develop an interest towards the chapter.
Make special notes for the chapter constitution of India and grab this chapter fully as this one is the most important one. Discuss some technical chapters like Indian Evidence Act with your friend for better understanding. For conventional list of important chapters use Scanner.
FEW GENERAL TIPS TO DEAL WITH GCL PRESENTATION
1. In practical problems never start your answer with Yes or No unless you are 100% sure. First mention the relevant provision and show/prove through your answer how you draw the conclusion.
One more thing if by chance you are familiar with the question (previously asked in exam) or you know the answer then start your answer with Yes or No with full confidence and prove the same with the help of analysis of provision.
2. Try and always mention the relevant section along with the provision. However, if you are not sure then avoid it.
3. Always use case laws in the exam. Prepare a special case law file especially for the preparation of the chapter constitution of India.Learn all the case laws given in this chapter.
4. During your preparation try and study everything. Everything here means each and every topic. The basic idea behind this point is that you must have something relevant to write about the given topic.
5. Try and make an effort to complete your paper 100%. In other words attempt full paper of 100 marks. You may cut the length of your answer in the end as per the availability of time.
For my ATLAS STUDY METHOD and other tips you are requested to refer my Exam Tips available at the link mentioned below:

 
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