CS Executive Company Law study materials
CS Executive Company Law study resources

CS Executive Company Law study plan

CS Executive Company Law · Give each week a clear focus.

8 weeks · About 7 hours per week

Week 1

Shares, Share Capital and Debentures & Directors, Board Meetings and Corporate Governance

  • Distinguish share capital classes, kinds of share capital (authorised, issued, subscribed, paid-up, called-up, uncalled), and the rules on issue of shares at par, premium and discount, writing a one-page comparison table from memory.

  • Explain the legal position on allotment, calls, forfeiture, lien, surrender and buy-back of shares, and state which of these require board resolution versus special resolution.

  • Map the statutory and regulatory provisions governing directors: appointment, disqualification, DIN, consent, casual vacancy, additional and alternate directors, independent directors and woman director thresholds.

  • Trace the procedure for board meetings, quorum, video conferencing, resolution by circulation, committees, and the consequences of a defective board meeting.

  • Solve ten mixed problems on share allotment and board procedure, recording the provision applied and the outcome for each.

Your checkpoint

A two-part cheat sheet: a share capital and debenture rule table plus a directors and board meetings procedural flowchart, each cross-referenced to section numbers, with ten solved problems appended.

Week 2

Shares, Share Capital and Debentures & Directors, Board Meetings and Corporate Governance

  • Analyse the rules on debentures: types, creation of a debenture redemption reserve, conversion, and the rights of debenture holders versus members, including charge creation and remedies on default.

  • Explain share transfer and transmission, the power to refuse registration, and the remedies available to a transferee whose transfer is refused.

  • Describe the law on deposits accepted by companies and the interplay between share capital, debentures and borrowings.

  • Prepare answers on the duties, liabilities and powers of directors, including related-party transactions, loans to directors and disclosure of interest.

  • Draft a model board resolution for allotment of shares and one for creation of a charge over assets, citing the provisions relied on.

Your checkpoint

Two model board resolutions (share allotment and charge creation) plus a one-page note comparing shareholder rights and debenture holder rights, written without referring to notes.

Week 3

Memorandum and Articles of Association; Doctrine of Ultra Vires & Company Meetings and Resolutions (AGM, EGM, Postal Ballot)

  • State the statutory contents of the memorandum of association, the alteration procedure for each clause, and the limits on alteration of the object and liability clauses.

  • Explain the doctrine of ultra vires, its effect on contracts, the difference between ultra vires the company and ultra vires the directors, and the exceptions such as incidental and incidental-to-objects powers.

  • Distinguish the articles of association from the memorandum, explain the doctrine of indoor management and its exceptions, and state how articles may be altered, including entrenchment.

  • Compare the memorandum, articles and shareholders' agreement as sources of the company's constitution, and explain the binding effect of the articles on members and the company.

  • Summarise the rules for general meetings: AGM timing, extension, EGM requisition, notice, explanatory statement, quorum, proxies, chairman, and resolutions requiring special notice.

Your checkpoint

A comparison chart of memorandum versus articles versus shareholders' agreement, plus a table of every resolution type (ordinary, special, special notice, postal ballot) with the meetings at which each is required.

Week 4

Company Meetings and Resolutions (AGM, EGM, Postal Ballot) & Dividends, Accounts and Audit

  • Draft the notice, agenda and explanatory statement for an annual general meeting of a listed company, correctly flagging items requiring special resolution and postal ballot.

  • Explain postal ballot and e-voting: items covered, procedure, scrutiniser's role, and the difference between voting by postal ballot and voting at a meeting.

  • Work through the rules on dividends: declaration, interim dividend, unpaid dividend account, investor education and protection fund transfer, and dividend on preference shares.

  • Explain the maintenance of books of account, place of keeping, inspection, period of preservation, and the filing of financial statements.

  • Outline the appointment, rotation, eligibility, disqualification, powers and removal of auditors, and the role of the audit committee and secretarial audit.

Your checkpoint

A complete AGM notice package (notice, agenda, explanatory statement, resolution drafts) plus a dividend timeline showing every statutory deadline from declaration to IEPF transfer.

Week 5

Introduction to Company Law and Company Formation & Types of Companies and Conversion of Entities

  • Describe the stages of company formation: promotion, incorporation, capital raising and commencement, and list the documents and forms filed at each stage.

  • Explain the certificate of incorporation, its conclusive evidentiary value, and the consequences of incorporation, including the separate legal entity principle.

  • Distinguish private, public, one person, small, dormant, government, foreign and not-for-profit companies, and state the thresholds and exemptions attaching to each.

  • Explain the conversion of entities: private to public and vice versa, LLP to company, partnership to company, and the procedural steps and filings for each.

  • Solve five conversion scenarios stating the resolution required, forms to be filed and effect on existing contracts and employees.

Your checkpoint

A conversion decision tree covering private-to-public, public-to-private, LLP-to-company and partnership-to-company, with forms and resolution types marked at each step, validated against five solved scenarios.

Week 6

Promoters, Pre-incorporation Contracts and Corporate Personality & Membership, Rights of Members and Registers

  • Explain the legal position of promoters: definition, fiduciary duties, disclosure obligations, remuneration, and liability for misstatements in the prospectus.

  • Analyse pre-incorporation contracts: who is bound, ratification by the company after incorporation, and the promoter's personal liability.

  • Apply the doctrine of corporate personality, including lifting of the corporate veil on statutory, judicial and other grounds, with leading principles stated in your own words.

  • Explain membership: modes of becoming a member, who may be a member, cessation of membership, and the rights and liabilities of members.

  • Describe the statutory registers a company must maintain, their place of keeping, inspection rights, and the consequences of default, including the register of members and beneficial owners.

Your checkpoint

A one-page veil-lifting matrix (ground, who may apply, effect) plus a register checklist listing every statutory register with its form number, place of keeping and inspection rule.

Week 7

Charges, Deposits and Inter-corporate Loans & Compromise, Arrangement, Amalgamation and Winding Up

  • Explain charges: creation, registration within the statutory period, effect of non-registration, modification, satisfaction, and the register of charges and its inspection.

  • Distinguish fixed and floating charges, crystallisation, and the priority rules between charges and between a charge holder and other creditors.

  • State the rules on acceptance of deposits from members and the public, the limits, the deposit repayment reserve, and the penalties for default.

  • Explain inter-corporate loans and investments: limits, exemptions, board versus special resolution, and the consequences of exceeding limits.

  • Outline the schemes of compromise, arrangement, amalgamation, demerger and takeover, and the winding-up grounds and procedure, including voluntary and compulsory winding up.

Your checkpoint

A charges and deposits compliance calendar (event, form, deadline, penalty for default) plus a winding-up versus scheme-of-arrangement comparison note with the resolution thresholds stated.

Week 8

Introduction to Company Law and Company Formation & Types of Companies and Conversion of Entities & Memorandum and Articles of Association; Doctrine of Ultra Vires & Promoters, Pre-incorporation Contracts and Corporate Personality & Shares, Share Capital and Debentures & Membership, Rights of Members and Registers & Directors, Board Meetings and Corporate Governance & Company Meetings and Resolutions (AGM, EGM, Postal Ballot) & Dividends, Accounts and Audit & Charges, Deposits and Inter-corporate Loans & Compromise, Arrangement, Amalgamation and Winding Up

  • Revisit every domain using the cheat sheets and matrices built in weeks one to seven, marking any provision you cannot recall unaided.

  • Complete two timed full-syllabus mock tests under exam conditions and score them against the answer key.

  • Analyse every wrong or guessed answer, tracing it back to the specific provision, and rewrite the rule in your own words in a correction log.

  • Rehearse the highest-weight domains by re-solving one case-study question each from shares, directors, meetings and accounts.

  • Compile a one-page rapid-revision sheet of section numbers, thresholds, forms and deadlines for reading on exam day.

Your checkpoint

Two scored mock tests with a written correction log, plus a final one-page rapid-revision sheet of sections, thresholds and forms.

Milestones

Week 2: Without notes, state the rules on allotment, forfeiture, buy-back and debenture redemption, and draft a valid board resolution for share allotment in under ten minutes.

Week 4: Produce a complete, procedurally correct AGM notice package and dividend timeline from a blank page, with no more than two provision errors.

Week 6: Explain separate legal personality and at least five distinct grounds for lifting the corporate veil, and list every statutory register with its inspection rule.

Week 8: Score at least 60 percent on both timed mock tests and show a correction log covering every missed question with the provision cited.