Thank you very much for your bestwishes and support. It took 3.5 - 4 years to clear the entire course.
Where did you do your training? How did you manage work and studies?
I did my training in a private company.
It will be tough to manage work and studies, for that need to keep yourself motivated throughout the hard days. Fix 3-4 hours in a day for studies consistently, I suggest morning hours will be good to study, in the morning your mind will be fresh and you don’t have an office and other work-related tensions and you will not get disturbed by the social media and others.
First Module of CS Professional -please tell us subject wise how to prepare and present.
a) GRMCE-Part I – Governance (50 marks)
Part II - Risk Management (20 marks)
Part III - Compliances (20 marks)
Part IV - Ethics & Sustainability (10 marks)
Complete all chapters in Part II,III & IV don’t skip any chapters on these, comparing part I these parts contain fewer chapters with more weightage.
Part I revise multiple times to remember the key point. While preparing make a short note of the crux. One day before the exam, revise all the crux.
GRMCE is a very easy paper to score more, it will helps to clear the whole group and help for setoff also.
During the exams, first attempt the Part II questions and then go for part III, IV and I.
Attend the whole paper don’t leave any questions.
b) Advanced Tax Laws- Part I– Indirect Taxes (70 Marks)
• Goods and Services Tax (60 Marks) • Customs Law (10 Marks)
Part II – Direct Tax & International Taxation (30 Marks) On taxation, 100 marks are a mix of theory and sums.
So while preparing go more for concepts and then work on sums. Revise all the chapters 3-4 times before exams.
Part 1 is more scoring compared to Part 2, hence first try to complete the GST & customs within the first two hours.
Go through institute guideline answers on previous question papers.
c) DRAFTING, PLEADINGS AND APPEARANCES-
It is another interesting and scoring subject in Module 1.
Practice at least one draft daily. Do self-evaluation on the prepared drafts. Note down the keywords of the content of the draft for quick revisions.
Refer institute guideline answers on previous question papers.
On drafting, format is more important, so be thorough with the format.
Don’t skip any pleadings related chapters and drafts.
In this paper both theory and drafts are important.
Second module- This module you had cleared recently; how did you prepare
a) SECRETARIAL AUDIT COMPLIANCE MANAGEMENT AND DUE DILIGENCE Part I – Compliance Management (40 Marks)
Part II - c Audit and Due Diligence (60 Marks) It is a more interesting paper in this module.
Part I is easy and scoring, some places topics are repeated. Contains 7 chapters, chapter 1-5 is contains more weightage.
Part II contains Audit and Due diligence, its vast but easy to remember. Alteast 2-3 revisions are required. In due diligence chapters, some topics will be repeated in RCD papers too. More attention is required on the repeated topics.
Sometimes, other modules’ related questions can be asked.
In this paper you will get more things to learn, and it will be helpful for in future while going for Articles, jobs or practice. This Paper is a little bit vast but it’s more scoring comparing to other papers in this module.
b) Corporate Restructuring Insolvency, Liquidation & Winding-up Part I- 50 Marks
Part II- 50 Marks
Part II contains Insolvency, SARFAESI, and other acts
Part II is much scoring compared to Part I. For insolvency act need to have mind mapping for all the sections and concepts, it is helpful to remember the concepts.
Don’t skip the SARFAESI and other acts.
Part-I-
Takeovers and mergers chapters learn these concepts thoroughly and Sometimes small chapters can be asked for more weightage it’s required to cover maximum important chapters.
Paper is lengthy hence need to maintain the writing speed from starting.
C) RCD- Total 9 chapters
All chapters contain equal weightage. This is the toughest paper in this module 2, it contains the multiple acts, case studies, fines, and punishments, court hierarchy etc., Instead of remembering all fine amounts, better to concentrate more on concepts, hierarchies, and provisions. Need to remember the case studies name for important topics. Multiple revisions and attending mock test will help to crack this paper.
Third module – Please share your inputs paper wise. Open book exam how to approach?
a) Corporate Funding and listing- Part I-Funding – 60 Marks Part II- Listing- 40 Marks
Part I contains ICDR and other regulations, numerical problems. Make flow charts for every concepts, it will be helpful for remembrance.
Part II contains the LODR regulations.
Part II contains 6 chapters for 40 marks, all chapters are important and easy to score.
During the exam complete Part II first and go for Part I. Paper will be lengthy maintain the same writing speed from starting.
b) MCDS- Open book- contains case studies and case laws.
No need to remember the case law’s name. Prepare a crux for all case law within two lines. Read all cases at least twice, it will save the search time.
Case studies were asked for 40 marks, sometimes case studies were asked from out of the case studies given in study material.
It’s better to write the Case laws in the format- 1. Brief facts 2. Decision 3. Analysis and Conclusion
c) I opted for Insolvency law and Practice- Open book General on for all open books papers,
1. Read the ICSI module twice before exams, highlight all the important points and prepare a two-line crux on the top of the pages.
2. Requires the detailed index with page numbers, it will help to save the time which was spent on searching
3. Paper will be lengthy, need to maintain the writing speed from starting.
In general to all papers, read all the amendments and additions notified by ICSI. Revision is the key to success. Start writing the answers with an introduction and complete with proper conclusions.
What is your future career plans?
Planning to work in listed company.
Interview by: CS Mohan Kumar, Past Chairman ICSI SIRC
Part II - c Audit and Due Diligence (60 Marks) It is a more interesting paper in this module.
Part I is easy and scoring, some places topics are repeated. Contains 7 chapters, chapter 1-5 is contains more weightage.
Part II contains Audit and Due diligence, its vast but easy to remember. Alteast 2-3 revisions are required. In due diligence chapters, some topics will be repeated in RCD papers too. More attention is required on the repeated topics.
Sometimes, other modules’ related questions can be asked.
In this paper you will get more things to learn, and it will be helpful for in future while going for Articles, jobs or practice. This Paper is a little bit vast but it’s more scoring comparing to other papers in this module.
b) Corporate Restructuring Insolvency, Liquidation & Winding-up Part I- 50 Marks
Part II- 50 Marks
Part II contains Insolvency, SARFAESI, and other acts
Part II is much scoring compared to Part I. For insolvency act need to have mind mapping for all the sections and concepts, it is helpful to remember the concepts.
Don’t skip the SARFAESI and other acts.
Part-I-
Takeovers and mergers chapters learn these concepts thoroughly and Sometimes small chapters can be asked for more weightage it’s required to cover maximum important chapters.
Paper is lengthy hence need to maintain the writing speed from starting.
C) RCD- Total 9 chapters
All chapters contain equal weightage. This is the toughest paper in this module 2, it contains the multiple acts, case studies, fines, and punishments, court hierarchy etc., Instead of remembering all fine amounts, better to concentrate more on concepts, hierarchies, and provisions. Need to remember the case studies name for important topics. Multiple revisions and attending mock test will help to crack this paper.
Third module – Please share your inputs paper wise. Open book exam how to approach?
a) Corporate Funding and listing- Part I-Funding – 60 Marks Part II- Listing- 40 Marks
Part I contains ICDR and other regulations, numerical problems. Make flow charts for every concepts, it will be helpful for remembrance.
Part II contains the LODR regulations.
Part II contains 6 chapters for 40 marks, all chapters are important and easy to score.
During the exam complete Part II first and go for Part I. Paper will be lengthy maintain the same writing speed from starting.
b) MCDS- Open book- contains case studies and case laws.
No need to remember the case law’s name. Prepare a crux for all case law within two lines. Read all cases at least twice, it will save the search time.
Case studies were asked for 40 marks, sometimes case studies were asked from out of the case studies given in study material.
It’s better to write the Case laws in the format- 1. Brief facts 2. Decision 3. Analysis and Conclusion
c) I opted for Insolvency law and Practice- Open book General on for all open books papers,
1. Read the ICSI module twice before exams, highlight all the important points and prepare a two-line crux on the top of the pages.
2. Requires the detailed index with page numbers, it will help to save the time which was spent on searching
3. Paper will be lengthy, need to maintain the writing speed from starting.
In general to all papers, read all the amendments and additions notified by ICSI. Revision is the key to success. Start writing the answers with an introduction and complete with proper conclusions.
What is your future career plans?
Planning to work in listed company.
Interview by: CS Mohan Kumar, Past Chairman ICSI SIRC
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