Corporate & Other Laws – CRACKER is the dedicated question-and-answer companion to the CA-Intermediate | Group I – Paper 2, built for the rehearsal and revision stage rather than first-time concept building. It converts the full examinable syllabus into solved, exam-ready questions, organised section-by-section beneath each chapter so practice tracks the exact provision being tested. The two-volume design mirrors the two halves of the assessment—the descriptive (subjective) component and the objective component (independent MCQs plus integrated case studies)—allowing a candidate to rehearse both answer writing and rapid application against the same syllabus spine.

The Present Publication is the 7^th Edition, authored by CA. Pankaj Garg, with the following noteworthy features:

• [Section-Anchored Organisation] Within each chapter, questions sit under numbered sub-topics tied to the specific statutory provisions they test, so practice maps directly onto the section being revised
• [Point-Wise Descriptive Answers] Every subjective solution is broken into discrete, scannable points, engineered for fast recall and for reproducing structured, marks-friendly answers
• [Explained MCQ Keys] Objective answers are supplied with supporting reasoning, not as bare letters, so a wrong attempt becomes a learning point
• [Dual Indexing] Questions are arranged both topic-wise (concept-focused study) and attempt-wise (to trace how a provision has been examined over successive sittings)
• [Current Question Base] Drawn from past examinations, RTPs and MTPs up to and including the May 2026 cycle
• [Weightage Visibility] Separate chapter-wise marks-distribution matrices for the descriptive and MCQ formats expose high-yield areas at a glance
• [Latest Solved Paper] The May 2026 paper is reproduced with suggested answers in both volumes

The two volumes together test the complete syllabus of Corporate & Other Laws, spanning:

• Constitution and Classification of Companies
• Definitions, government/small/holding-subsidiary/associate companies, One Person Company and Section 8 companies, and the net-worth and small-company tests
• Incorporation and Constitutional Documents
• Formation and commencement of business, the memorandum and articles, registered office, alteration and rectification of name, conversion of companies, and service of documents
• Prospectus and Allotment of Securities
• Deemed, shelf and red-herring prospectuses, private placement, dematerialised public offers, variation of terms, and allotment and remedies for misstatement
• Share Capital and Debentures
• Kinds of capital, calls, issue at premium/discount, sweat equity and preference shares, transfer and transmission, refusal to register, further issue, alteration, reduction, bonus issue, buy-back, and debentures
• Acceptance of Deposits, and Registration of Charges
• Deposit prohibitions and eligible-company rules; creation, registration, satisfaction and rectification of charges
• Management and Administration
• Registers and annual return, general meetings (AGM/EGM), notice, quorum, proxies, voting and polls, postal ballot, resolutions and minutes
• Dividend, Accounts and Audit
• Declaration of dividend, unpaid-dividend account and IEPF; books of account, financial statements, NFRA, CSR, internal audit and filing; appointment, removal, eligibility, remuneration, powers, duties and cost audit of auditors
• Companies Incorporated Outside India
• Application of the Act to foreign companies, filings, accounts, name display, service and prospectus provisions
• The Limited Liability Partnership Act 2008
• Incorporation, partners and their relations, assignment and transfer of rights, and winding up and dissolution
• The General Clauses Act 1897
• Definitions, general rules of construction, powers and functionaries, and orders/rules made under enactments
• Interpretation of Statutes
• Rules of construction, internal and external aids, and construction of deeds and documents
• The Foreign Exchange Management Act 1999
• Current and capital account transactions and the permissible capital-account-transaction regulations

Both volumes follow the same 15-chapter spine for seamless cross-referencing between the descriptive and objective tracks.

• Volume 1 — Descriptive Questions & Case Studies
• 740+ descriptive questions and case studies
• Arranged topic-wise and attempt-wise within each chapter, beneath section-level sub-topics
• Point-wise model answers throughout
• Includes the solved May 2026 descriptive paper
• Volume 2 — General MCQs & Case Scenarios (Two Parts)
• Part A — 400+ general MCQs arranged chapter-wise, each with an explained answer key
• Part B — 37 case studies presenting fact-rich business situations, each followed by a cluster of linked, application-based MCQs (167 such MCQs in all), with explained answers
• Includes the solved May 2026 MCQ and case-scenario paper
• Each volume opens with its own chapter-wise marks-distribution matrix of past attempts (descriptive in Volume 1; MCQ in Volume 2)