CA Inter Corporate & Other Laws (Law) | CRACKER

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 7th 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)

About the Author

Pankaj Garg

Pankaj Garg is a Chartered Accountant, Company Secretary and Cost Accountant. He is an All-India topper in ICAI Examinations, Kolkata. He has also been awarded a Gold Medal by the Institute of Cost Accountants of India, Kolkata.

He possesses vast experience in teaching students of CA Intermediate and Final.

He provides his classes in Pen Drive and Google Drive through the online platform' ALT Classes'. He is associated with Aldine Ventures (Pvt.) Ltd. (Aldine CA) since 2014 to provide live online classes. He is also associated with Prepladder (Pvt.) Ltd. to provide his classes through a Mobile Application (OnePrep).

He has authored several books for CA-Intermediate and CA-Final for Taxmann Publications. The students greatly appreciate him due to his tabular presentations, concise and straightforward language, flowcharts, and coverage of examinations asked for in RTPs, MTPs, and past examinations.