CSPLAN .

EXECUTE
EXECUTIVE . ACHIEVE
CMSL ANALYSIS MAKE
SHEET FOR DEC 2023 (NEW IT HAPPEN!
SYLLABUS)

MY
ANALYSIS

CHAPTER 1 CAPITAL MARKETS

(EXPECTED WEIGHTAGE 8 TO 10 MARKS)
- QIBs
- FPIs
- AIF
- PE & Angels
- Atal Pension Yojana
- FCCB practical
- REIT & InvIT
- ETF

MY
ANALYSIS

CHAPTER 2 SECONDARY MARKET

(EXPECTED WEIGHTAGE 6 TO 8 MARKS)
- Role of Stock Exchanges
- SSE
- Bulk & Block Deal
- Circuits
- Margin trades
- Inflation indices
- Derivatives

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 CS EXECUTIVE CMSL ANALYSIS SHEET FOR DEC 2023 (NEW SYLLABUS)

MY
ANALYSIS

CHAPTER 3 SCRA
(EXPECTED WEIGHTAGE 4 TO 6 MARKS)
- Securities Definition
- Powers of CG
- 19(2)(b) of SCRR
- Continuous listing requirements
- Delisting of securities – circumstances
- Factors taken into account by AO
- Recovery of amounts

MY
ANALYSIS

CHAPTER 4 SEBI
(EXPECTED WEIGHTAGE 6 TO 8 MARKS)
- Functions of SEBI
- Powers of SEBI
- SAT & its powers
- Investigations by SEBI
- SCORES
- Process for lodging complaints on SCORES
- Matters not considered as complaints on SCORES
- Companies against which types of companies cannot be dealt on SCORES
- Evidence act not to apply in proceedings before ombudsman
- Informal Guidance

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MY
ANALYSIS

CHAPTER 5 DEPOSITORIES
(EXPECTED WEIGHTAGE 5 MARKS)
- Advantages of depository system
- Pledge or hypothecation of securities
- Audit under SEBI (Depositories & Participants) Regulations, 2018
- Concurrent Audit

MY
ANALYSIS

CHAPTER 6 CAPITAL MARKET INTERMEDIARIES

(EXPECTED WEIGHTAGE 4 TO 6 MARKS)
- Merchant banker
- Stock broker
- Portfolio manager
- Investment adviser
- Custodian of Securities
- Credit rating agency
- DP

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 CS EXECUTIVE CMSL ANALYSIS SHEET FOR DEC 2023 (NEW SYLLABUS)

MY
ANALYSIS

CHAPTER 7 IFSC
(EXPECTED WEIGHTAGE 4 TO 6 MARKS)
- Importance of IFSC
- IFSCA & its functions
- Listing & trading of IFSC
- Listing of startup & SME

MY
ANALYSIS

CHAPTER 8 ICDR
(EXPECTED WEIGHTAGE 12 TO 15 MARKS)
- Allocation of net offer to public
- Eligibility norms for an IPO
- General conditions for IPO
- Promoters Contribution – IPO & FPO
- Pledge of shares under promoters contribution
- Underwriting as per Amendment Sheet for Dec 23
- Warrants
- QIP
- Innovators Growth Platform
- Bonus issue

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MY
ANALYSIS

CHAPTER 9 ESOP & SWEAT EQUITY

(EXPECTED WEIGHTAGE 8 TO 10 MARKS)
- Employee under SBEB & SE
- Trust Route process
- SAR definition
- Non transferability
- ESOP
- ESPS
- Sweat Equity – Non cash consideration
- Pricing of sweat equity

MY
ANALYSIS

CHAPTER 10 ISSUE & LISTING OF NCS

(EXPECTED WEIGHTAGE 4 TO 6 MARKS)
- Electronic book provider platform
- Eligible issuers (Reg 5)
- Creation of recovery expense fund
- Right to recall or redeem
- Obligations of debenture trustee
- Issuance of green debt security

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 CS EXECUTIVE CMSL ANALYSIS SHEET FOR DEC 2023 (NEW SYLLABUS)

MY
ANALYSIS

CHAPTER 11 LODR
(EXPECTED WEIGHTAGE 10 TO 13 MARKS)
- Compliances – Regulation 7/24A/27/29/31A/32/33/40
- Business Responsibility & Sustainability Reporting
- Corporate Governance – Board & its Committees
- Corporate Governance requirements related to Subsidiary
- RPT under Corporate Governance
- Obligations in respect of independent Directors
- Liability of a listed entity for contravention
- Dividend Distribution Policy
- Role of a CS in employment & practice

MY
ANALYSIS

CHAPTER 12 TAKEOVERS
(EXPECTED WEIGHTAGE 10 TO 12 MARKS)
- PACs
- Regulation 29, 30 & 31
- Pricing under SAST
- Indirect Acquisition
- Open offer process – short questions may come out of it
- Automatic exemptions

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MY
ANALYSIS

CHAPTER 13 INSIDER TRADING

(EXPECTED WEIGHTAGE 8 TO 10 MARKS)
- Connected person
- UPSI
- Communication or procurement of UPSI
- Trading plan
- Disclosure under regulation 7
- Trading window closure
- Penalty
- Original information

MY
ANALYSIS

CHAPTER 14 PROHIBITION OF FUTP

(EXPECTED WEIGHTAGE 5 TO 7 MARKS)
- Fraud
- Prohibition of certain dealings in securities
- Power of SEBI to order investigation
- Manner of service of summons

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 CS EXECUTIVE CMSL ANALYSIS SHEET FOR DEC 2023 (NEW SYLLABUS)

MY
ANALYSIS

CHAPTER 15 DELISTING
(EXPECTED WEIGHTAGE 7 TO 10 MARKS)
- Appointment of peer review CS to carry out DD
- Rights of shareholders to participate in reverse book building process
- Minimum number of equity shares to be acquired
- Exit Price – Indicative, Discovered & Price under SAST
- Delisting from all the stock exchanges – procedure

MY
ANALYSIS

CHAPTER 16 BUY BACK

(EXPECTED WEIGHTAGE 7 TO 10 MARKS)
- Objectives of buy back
- Quantum of Buy back
- Buy back through stock exchange (as per amendment sheet for Dec
23)
- Buy back through tender offer
- Obligations of merchant banker
- Small shareholders

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ANALYSIS

CHAPTER 17 MUTUAL FUNDS

(EXPECTED WEIGHTAGE 10 TO 12 MARKS)
- Advantages of a MF
- Risk involved in a MF
- AMC eligibility criteria
- Expense ratio
- NAV (practical question)
- Efficiency of a MF
- Advertisement code of a MF
- Pricing of units of a MF
- NAV Timelines

MY
ANALYSIS

CHAPTER 18 CIS
(EXPECTED WEIGHTAGE 4 TO 5 MARKS)
- Registration of a CIS
- Key aspects of launching CIS
- Appraising agency
- Termination of trusteeship
- What shall not be CIS

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 CS EXECUTIVE CMSL ANALYSIS SHEET FOR DEC 2023 (NEW SYLLABUS)

MY
ANALYSIS

CHAPTER 19 PRACTICAL PROBLEMS

(EXPECTED WEIGHTAGE 12 TO 16 MARKS)
- MF NAV calculation
- Expense ratio
- Front end and back end load
- Derivatives
- FCCB
- Sweat equity pricing
- Buy back – limit and small shareholders
- Delisting exit price
- Allotment price under ICDR
- Takeovers pricing or escrow
- Material Subsidiary calculation under LODR
- Related party calculation under LODR
- GSO calculations
- IPO Eligibility criteria
- Bonus
- Reverse Book Building under Delisting

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