ICSB CS Executive case studies
ICSB CS Executive · Put your knowledge to work in context.
The ICSB CS Executive is the middle stage of the Company Secretary qualification offered by the Institute of Company Secretaries of India (ICSI), sitting between the entrance-level CSEET and the final Professional programme. It suits graduates and postgraduates who want a career in corporate governance, compliance, secretarial audit and board advisory, whether in listed companies, practising firms or their own practice. The ICSB CS Executive case studies are 5 cases and about 2,870 words.
1Related-Party Loan and Board Approval Under Section 185
Ravi and Meera hold 55% of Vantage Components Pvt Ltd and are its only two directors. Vantage needs working capital of INR 2 crore.
569 words, about 3 min2Fast-Track Merger of a Wholly Owned Subsidiary with a Dissenting Minority
Apex Engineering Ltd holds 94% of Zenith Fabrication Ltd, acquired in two tranches over three years. Apex proposes a fast-track merger of Zenith into itself.
579 words, about 3 min3GST Input Credit on a Mixed-Use Building and the Reverse Charge on Rent
Nova Analytics Pvt Ltd operates from a leased floor in Pune and owns a four-storey building in Chennai. The Chennai building is used 60% for its own office and 40% let to an unrelated tenant at INR 4 lakh per month.
622 words, about 3 min4Bonus Issue, Rights Issue, and Pre-Emptive Rights in a Listed Company
Orion Pharma Ltd, listed on a recognised exchange, has paid-up equity of INR 20 crore (2 crore shares of INR 10) and free reserves of INR 90 crore, of which INR 25 crore arose from a revaluation of land. It proposes a 1:2 bonus issue, then a rights issue at INR 150 against a market price of INR 220, to fund an acquisition.
546 words, about 3 min5Working Capital Cycle and Leverage in a Distressed Textile Unit
Kaveri Textiles Ltd has revenue of INR 120 crore, EBITDA of INR 12 crore, and a net profit of INR 3 crore. Its current assets are INR 40 crore (inventory INR 18 crore, receivables INR 16 crore, cash INR 6 crore) and current liabilities are INR 30 crore (payables INR 20 crore, short-term debt INR 10 crore).
554 words, about 3 min