🌿 CA Intermediate · Paper 2 COMING SOON

Corporate & Other Laws

Companies Act 2013 chapter by chapter, plus LLP law and the May-2026-updated Other Laws.

Free tier first, always. 20 MCQs a day, no card.

Full syllabus — 15 chapters

Inside Corporate & Other Laws

ICAI Study Material · May 2026 edition (Part II updated: FEMA added)

Part I — Company Law & LLP Law

  1. PreliminaryKey definitions of the Companies Act 2013 — 'company', 'officer in default', 'relative' — the vocabulary the entire paper runs on.
  2. Incorporation of Company and Matters Incidental TheretoMOA, AOA, certificate of incorporation, pre-incorporation contracts — tested as both MCQs and 5-mark procedural questions.
  3. Prospectus and Allotment of SecuritiesProspectus contents, DRHP, allotment timelines — the chapter behind a regular 5-mark scenario in public-issue questions.
  4. Share Capital and DebenturesBuy-back, reduction, sweat equity, debenture trustee — high coverage chapter with at least one 8-mark question each attempt.
  5. Acceptance of Deposits by CompaniesWho can accept, eligible company conditions, repayment — short chapter with precise rules that examiner turns into MCQs easily.
  6. Registration of ChargesTimelines, condonation, satisfaction of charges — 3–5 marks almost every attempt on the registration and consequences framework.
  7. Management & AdministrationAGM/EGM rules, voting, registers, annual return — the most MCQ-dense chapter in Part I; covers the day-to-day compliance a CA handles.
  8. Declaration and Payment of DividendSources, restrictions, unpaid dividend account rules — a small chapter that pays reliable marks with very specific statutory conditions.
  9. Accounts of CompaniesFinancial year, Books of account, NFRA, auditor's duties on accounts — links Paper 2 directly to Paper 5 (Audit) concepts.
  10. Audit and AuditorsAppointment, rotation, removal, powers, liability — the most-tested chapter for case-scenario questions in Part I corporate law.
  11. Companies Incorporated Outside IndiaForeign company compliance obligations in India — short but frequently tested as a 3-mark factual or true/false MCQ.
  12. The Limited Liability Partnership Act, 2008LLP agreement, designated partners, contribution, winding-up — tested alongside companies for comparison; easy marks if you read the Act.

Part II — Other Laws (May 2026 edition)

  1. The General Clauses Act, 1897How central Acts are interpreted — gender, number, computation of time rules that underpin every statutory question you read.
  2. Interpretation of StatutesLiteral, golden, mischief rules and aids to interpretation — the examiner tests these as MCQs and short-theory questions at Inter level.
  3. The Foreign Exchange Management Act, 1999Capital vs current account, residential status, authorised dealers — the May 2026 addition that every student needs to cover fresh.

Chapter list as per the current ICAI New Scheme study material. Every Pookie question cites its ICAI source; solutions follow ICAI marking-scheme structure.

How it works here

Question → your attempt → marks per step

You answer first. Then the solution opens step by step, with the marks each step carries — so you see exactly where answers gain and lose marks in the real exam.

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