CA Inter Law case studies
CA Inter Law · Put your knowledge to work in context.
CA Intermediate Law is the law paper of the Intermediate level of the Chartered Accountancy course offered by the Institute of Chartered Accountants of India (ICAI). Under the current scheme the paper is titled Corporate and Other Laws, and it is studied by candidates who have cleared the CA Foundation route or entered through the Direct Entry route after a recognised degree, and who are working through the Intermediate level before the Final level and practical training. The CA Inter Law case studies are 5 cases and about 4,898 words.
1Related-Party Sale at a Discount and the Missing Resolutions
Zenith Components Limited is an unlisted public company with paid-up equity capital of ₹15 crore and turnover of ₹140 crore for the year ended 31 March 2024. On 12 June 2024 its Board considered a proposal to sell finished components worth ₹18 crore over the next twelve months to Meridian Traders, a partnership firm in which the wife of Ramesh Iyer, a whole-time director and the chairman of that meeting, is a partner.
1,001 words, about 5 min2Two Private Placements in One Year and a Selective Rights Issue
Nimbus Bio Sciences Limited is an unlisted public company with a paid-up capital of ₹4 crore. In June 2024 it raised ₹6 crore by issuing equity shares to 130 individuals, none of whom was a qualified institutional buyer or an employee subscribing under an ESOS; the offer was made in Form PAS-4 and the return of allotment was filed in time.
981 words, about 5 min3Delayed Export Proceeds, an Over-Limit Remittance and Compounding
Arka Exports Private Limited, Pune, exported engineering goods to a buyer in Hamburg in March 2024 for USD 4,80,000. The buyer sought credit terms and the proceeds were credited to the company's account only in February 2025.
957 words, about 5 min4Three Companies, One Defaulting Subsidiary and a Notice Under Section 167
Ajay Rane has for several years been a non-executive director of Alpha Infra Limited, Beta Foods Limited and Gamma Logistics Private Limited. Alpha Infra Limited failed to file its annual returns and financial statements for the financial years 2020-21, 2021-22 and 2022-23; those returns were eventually filed only in December 2024.
924 words, about 5 min5Assent, Commencement, Repeal and the Last Day for Appeal
Shreyas Agro Private Limited manufactures fertiliser. On 15 March 2025 it sold a consignment to a distributor at a 14 per cent discount.
1,035 words, about 5 min