Guide to Limited Insolvency Examination (MCQ Based)

Guide to Limited Insolvency Examination (MCQ based)

 

As per IBBI’s Syllabus w. e. f 1st July 2019

 

 

 

The book covers the entire syllabus as applicable and effective from 1st July 2019. The book has more than 1100 Multiple Choice Questions covering various topics and sections as prescribed in the syllabus which is arranged in a systematic and structured manner to facilitate easy grasp. 4 Model Mock tests are also included to provide an opportunity to the readers to assess their preparedness for taking up the examination.

 

The Insolvency and Bankruptcy Code, 2016 (Entire Code)

 

2. Rules and Regulations under the Insolvency and Bankruptcy Code, 2016

(All Rules and Regulations notified under the Code till 30th June, 2019)

 

3. (i) The Companies Act, 2013

• Chapter III – Prospectus and Allotment of Securities

• Chapter IV – Share Capital and Debentures

• Chapter V – Acceptance of Deposits by Companies

• Chapter VI – Registration of Charges

• Chapter VII – Management and Administration

• Chapter IX – Accounts of Companies

• Chapter XV – Compromises, Arrangements and Amalgamations

• Chapter XVII – Registered Valuers

• Chapter XVIII – Removal of names of the

companies from the register of companies

• Chapter XX – Winding-up of the companies

• Chapter XXVII – NCLT and NCLAT

• Chapter XXVIII Special Courts

• Chapter XXVIII – Special Courts

• Chapter XXIX – Punishments(ii) The Limited Liability Partnership Act, 2008 (Nature of LLP; Partners and their Relations; Limitation of Liability; and Financial Disclosures)

4. (i) The Indian Contract Act, 1872 (Of Contracts, Voidable Contracts and Void Agreement;

Contingent Contracts; Performance of Contract; Novation, Rescission and Alteration of Contracts;

Agency; Consequences of breach of Contract; Indemnity and Guarantee; Surety; Bailment and

Pledge; Set off);

(ii) The Partnership Act, 1932;

(iii) The Sale of Goods Act, 1930 (Sale, Condition and Warranty, Seller’s Lien and Damages);

(iv) The Transfer of Property Act, 1882;

(v) The Specific Relief Act, 1963; and

(vi) The Negotiable Instruments Act, 1881

 

5. (i) The Recovery of Debts due to Banks and Financial Institutions Act, 1993;

(ii) The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interests Act,

2002;

(iii) Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009;

(iv) Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009;

(v) Securities and Exchange Board of India

(Substantial Acquisition of Shares and Takeovers) Regulations, 2011;

(vi) Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)

Regulations, 2015;

(vii) The Arbitration and Conciliation Act, 1996; and

(viii) The Limitation Act, 1963

 

6. Finance and Accounts (Corporate Finance; Financial Analysis; Liquidity Management; Tax Planning and GST)

 

7. General Awareness:

(i) Constitution of India: Right to Constitutional Remedies; provisions of Union Judiciary; provisions

of High Courts in the States;

(ii) Rights of Workmen under Labour Laws;

(iii) Economy;

(iv) Financial Markets;

(v) Basic concepts of Valuation; and

(vi) Forensic Audit

 

8. Case Laws-Important Decisions of Supreme Court and High Courts, Decisions of NCLAT and NCLT

relating to Corporate Insolvency Resolution, Corporate Liquidation, Voluntary Liquidation and

Fast Track Resolution Process. There will be five questions carrying two marks each.

 

9. Case Analysis on Corporate Insolvency Resolution and Liquidation. There will be one comprehension

narrating a case and there will be six questions based on the case carrying two marks each.

10. Case Analysis on Individual Insolvency Resolution and Bankruptcy. There will be one comprehension narrating a case and there will be four questions based on the case carrying one marks each.