CS Executive Paper 6 (ECIPL) study plan
CS Executive Paper 6 (ECIPL) · Give each week a clear focus.
8 weeks · About 6 hours per week
Companies Act, 2013 - incorporation, prospectus, share capital, management and meetings
Map the Companies Act, 2013 incorporation pathway end to end: promoter, pre-incorporation contracts, SPICe+ filing, certificate of incorporation, and consequences of incorporation, and write a one-page flowchart from memory.
Distinguish public, private, one person, small, and dormant companies by threshold criteria and state the compliance relaxations each enjoys, tabulating at least eight differences.
Work through the doctrine of lifting the corporate veil by listing at least six judicial grounds and matching each to a fact pattern you construct yourself.
Draft a 15-line note on the doctrine of ultra vires, the indoor management rule (Turquand) and constructive notice, explaining when an outsider loses protection.
Your checkpoint
A hand-drawn incorporation flowchart plus a two-page comparison table of company types, self-tested with 20 recall questions you write and answer.
Companies Act, 2013 - incorporation, prospectus, share capital, management and meetings
Trace the prospectus regime: public offer, shelf and red herring prospectus, deemed prospectus, contents under the Act and ICDR disclosure themes, and remedies for misstatement under sections 34 and 35.
Explain allotment mechanics: minimum subscription, application money, 30-day return rule, and the consequences of irregular allotment.
Analyse share capital vocabulary - authorised, issued, subscribed, paid-up, nominal value, premium, sweat equity, bonus and rights issue - and compute a worked example of a rights issue entitlement.
Summarise the rules on further issue of capital, private placement, preferential allotment and the restrictions on buy-back, then list the penalties for non-compliance.
Your checkpoint
A one-page 'prospectus and allotment' cheat sheet with the statutory timelines and a solved numerical on rights entitlement and buy-back limits.
Companies Act, 2013 - incorporation, prospectus, share capital, management and meetings
Reconstruct the board and management framework: appointment, disqualification, independent and woman directors, DIN, resignation, removal, and the KMP roles.
Compare board powers, shareholder powers and reserved matters requiring special resolution, and identify at least ten items that cannot be decided by the board alone.
Diagram the meeting machinery: notice periods for board and general meetings, quorum, proxies, postal ballot, e-voting, adjournment, and special notice.
Apply the related party transaction and loan-to-director restrictions to three short fact patterns you draft yourself and state the approval route in each.
Your checkpoint
A one-page meeting compliance calendar (notice, quorum, resolution type) plus three solved fact patterns on board powers and related party approval.
Law of Contract and Specific Relief (Indian Contract Act, 1872 and Specific Relief Act, 1963)
Classify the essentials of a valid contract and label each element in a clause-by-clause analysis of a sample commercial agreement you write yourself.
Distinguish void, voidable, illegal and unenforceable agreements and map consideration exceptions with case-agnostic examples.
Apply free consent doctrines - coercion, undue influence, fraud, misrepresentation, mistake - to four short scenarios and state the remedy for each.
State the rules on performance, discharge, frustration and breach, and compute damages under Hadley v Baxendale principles in a worked example.
Summarise the Specific Relief Act remedies: specific performance, injunction (temporary, perpetual, mandatory), declaratory relief, rectification and rescission, noting where damages are the only remedy.
Your checkpoint
A contract-validity checklist plus a one-page damages calculation exercise and a table of specific relief remedies with the statutory bar for each.
Law of Sale of Goods and Negotiable Instruments (Sale of Goods Act, 1930; Negotiable Instruments Act, 1881)
Differentiate a contract of sale from an agreement to hire purchase and from a contract for work, and state the consequences of the distinction for property transfer.
Apply the rules on transfer of property and risk: goods perished before or after contract, sale by non-owner, nemo dat exceptions, and the unpaid seller's rights of lien, stoppage in transit and resale.
Draft the conditions and warranties framework with the implied conditions as to title, description, sample and merchantability, and state the buyer's remedies.
Map the Negotiable Instruments Act: promissory note, bill of exchange and cheque definitions, holder and holder in due course, negotiation, endorsement, and the presentment rules.
Explain dishonour of cheques under section 138 including the demand notice timeline, cause of action and the 2020s developments on interim compensation, and solve one timeline problem.
Your checkpoint
A two-column comparison sheet for sale-of-goods remedies and NI holder rights, plus one fully solved section 138 timeline problem with dates.
Law of Partnership, Limited Liability Partnership and Competition Law
State the essentials of a partnership, the authority of a partner, the liability of a firm for wrongful acts, and the effect of the doctrine of holding out and the non-registration bar on suits.
Explain dissolution grounds and the consequences for continuing authority, and distinguish partnership from LLP on liability, registration, perpetual succession and governance.
Summarise the LLP Act framework: incorporation documents, LLP agreement, designated partners, contribution, and the compliance calendar for annual filings.
Outline Competition Act essentials: anti-competitive agreements, abuse of dominance, combinations and thresholds, the Competition Commission's powers, and the leniency regime.
Your checkpoint
A partnership-versus-LLP comparison table with at least ten rows and a one-page note on competition law thresholds and prohibited practices.
Industrial and Labour Laws (Factories Act, 1948; Industrial Disputes Act, 1947; Employees' Provident Funds and Miscellaneous Provisions Act, 1952; Payment of Gratuity Act, 1972; Employee State Insurance Act, 1948 and related enactments) & Economic and Commercial Legislation (Foreign Exchange Management Act, 1999; Prevention of Money Laundering Act, 2002; Insolvency and Bankruptcy Code, 2016 and allied economic statutes)
Consolidate the Factories Act: definitions of factory and worker, occupier liability, approval, licensing and registration, and the working hours, leave and safety provisions, listing at least twelve duties of the occupier.
Summarise the Industrial Disputes Act machinery: works committee, conciliation, adjudication, strikes and lockouts, lay-off, retrenchment, and the closure rules with the applicable thresholds.
State the core entitlements under the EPF Act, Payment of Gratuity Act and ESI Act - coverage thresholds, contribution rates, eligibility, calculation formulae and the authorities for dispute resolution.
Outline FEMA: current versus capital account transactions, permitted transactions, export and import of goods and services, and the compounding of contraventions.
Summarise the PMLA offence, attachment and confiscation, reporting obligations of financial institutions, and the appellate mechanism, plus the IBC's corporate insolvency resolution timeline and the roles of the IRP, CoC and NCLT.
Your checkpoint
A one-page statutory thresholds and formulae sheet for the labour laws and a separate half-page chronology of the IBC corporate resolution process.
Consumer Protection Law and Miscellaneous Commercial Laws & Law of Contract and Specific Relief (Indian Contract Act, 1872 and Specific Relief Act, 1963) & Companies Act, 2013 - incorporation, prospectus, share capital, management and meetings
Map the Consumer Protection Act: who is a consumer, unfair and restrictive trade practices, product liability, the three-tier commissions and their pecuniary jurisdiction, and e-commerce and mediation provisions.
Outline the allied commercial statutes covered in the syllabus - the Arbitration and Conciliation Act, the SARFAESI Act, the Standards of Weights and Measures regime and the Registration Act - at the level of purpose, key authority and one landmark rule each.
Revisit the two heaviest domains by re-solving every question you got wrong in weeks 1 to 4 and rewriting each as a fresh fact pattern.
Take two timed full-length mock tests under exam conditions and score them against the marking scheme.
Build a final one-page revision sheet of every statutory threshold, timeline and monetary limit collected across the eight weeks.
Your checkpoint
Two scored mock tests with an error log, plus a single master sheet of all thresholds and timelines ready for last-week revision.
Milestones
Week 2: Can state the incorporation steps, company-type thresholds and prospectus remedies without notes, and score at least 70% on a self-set 30-question test on Company Law.
Week 4: Complete the Company Law and Contract Law portions of a mock paper in half the allotted time with at least 60% accuracy.
Week 6: Explain sale of goods remedies, section 138 timelines, LLP differences and competition thresholds from memory in a 20-minute spoken self-test with no more than two errors.
Week 8: Score at least 60% on both full-length mocks and have a master revision sheet covering every threshold, timeline and monetary limit in the syllabus.