ICMAP

SYLLABUS 2016
Estd. 1951

GRADUATION LEVEL
G4 - Corporate Laws & Secretarial Practices
Weightage
Companies Act,2017 and Corporate
Part- A 55%
Governance
Relevant Rules & Regulations Under
Part- B 15%
the Companies Act, 2017
Part- C Other Laws 15%
Part- D Secretarial Practices 15%

Syllabus Overview: Learning Outcomes:

Business strategies are developed within Regulatory On completion of the course, students will be able to:
Framework. This course provides detailed  Understand
nd the Legal Framework for compliance in
understanding on relevant corporate laws for day to day affairs of the company and to support
compliance and decision- making. The syllabus also formation of business strategies
covers the secretarial practices to have understanding
about statutory duties and functions of company  Adopt best practices related to corporate governance
secretary. and secretarial matters
 Guide the business and senior management on any
particular corporate law
Weightage Level of
Detailed Contents
in % Study Required

PART- A: COMPANIES ACT, 2017 AND CORPORATE GOVERNANCE

1. Companies Act, 2017
Section-A [Understanding Level] Sections
 Preliminary & Jurisdiction of Court 1 to 6 U
 Powers and Functions of the Securities and Exchange 7 ,8, 254 & U
Commission of Pakistan and Power of Registrar to Call for 255
Information.
 Service and Authentication of Documents. 53 to 56 U
 Special Provisions as to Debentures and Registra
Registration of 63 to 66 and U
Mortgages, Charges, etc, Register and Index of Members 100 to 112,
119 to 129
 Receivers and Managers,, Management and Administration 113 to 118 U
20
 Annual Return 130
 Miscellaneous Provisions Regarding Investment, Contracts 199 to 219 U
Officers and Shareholdings, Trading and Interests.
 Investigation and Related Matters. 256 to 275 U
 Winding up 293 to 321 U
 Non-banking
banking Finance Companies (Companies Ordinance, 1984) 282A to 282N U
 Certification of Shariah Compliant Companies, and Shariah 451 to 453 U
Compliant Securities, Companies Global Register of Beneficial
Ownership, Prevention of Offences relating to Fraud, Money
Laundering and Terrorist Financing
 Relevant Schedules, Tables, Forms and General Rules. 506 to 516 U
Section-B [Application Level] Sections
 Incorporation of companies and Matters Incidental Thereto, 9 to 15 35 A
Provision with Respect to Name of Companies.
 General Provisions with Respect to Registration of 16 to 18 A
Memorandum and Articles.

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SYLLABUS 2016
Estd. 1951

 Commencement of Business by a Company. 19 & 20 A

 Registered Office and Publication of Name. 21 to 26 A
 Memorandum and Articles of Association. 27 to 45 A
 Conversion of a Company of any Class into a Company of 46 to 52 A
Other Class and Related Matters.
 Allotment, Issue and Transfer of Shares and Other 57 to 80 A
Securities, Share Capital and Nature, Numbering and
Certificate of Shares and other Securities
 Commission, Discount and Premium, Invitation of Deposits, 81 to 97 A
Reduction of Share Capital.
 Meetings and Proceedings. 131 to 152 A
 Appointment and Removal of Directors, Disqualification of 153 to 198 A
Directors by the Commission, Chief Executive, Register of
Directors and other Officers
 Unlimited Liability of Directors 98 and 99 A
 Accounts of Companies. 220 to 239 A
 Dividends and Manner and Time of Payment Thereof. 240 to 245 A
 Audit, Rights and Duties of Auditor. 246 to 253 A
2. Listed Companies Code of Corporate Governance, issued by U
SECP
3. Prudential Regulations for Corporate Governance (G) issued by A
SBP (Regulation G-1 to G-4)

PART- B: RELEVANT RULES AND REGULATIONS UNDER THE COMPANIES ACT, 2017
4. Rule Book of Pakistan Stock Exchange Limited (PSX) Chapter 5, A
5A and 5B
5. The Companies (General Provisions And Forms) Rules, 1985 A
6. Public Offering Regulations, 2017 Chapter 1 to U
5 and First
Schedule
7. Companies (Buy-back of Shares) Rules/ Regulations 15 A
8. Companies (Incorporation) Regulations, 2017 A
9. Companies E-voting Regulations, 2016 A
10. Listed Companies (Substantial Acquisition of Voting Shares & U
Takeovers) Regulations, 2017

PART- C: OTHER LAWS

11. Modaraba Companies and Modaraba (Floatation and Control) 1 to 26, 33, U
Ordinance, 1980 and relevant rules 37 to 42

12. Competition Act, 2010 2 to 11, U

28,31,38 & 39
13. Anti-money Laundering Act, Rules and Regulations
 Anti-money Laundering Act, 2010 2 to 20 & 30
U
 Anti-money Laundering and Combating the Financing of 15
Terrorism (AML/CFT) Regulations for Banks and DFIs issued U
by SBP
U
 Relevant Anti-Money Laundering Rules and Regulations
issued by SECP
14. Companies (Appointment of Legal Advisers) Act, 1974 U
15. Securities Act, 2015 2, 6, 7, 19, A
77, 87 to 96

PART- D: SECRETARIAL PRACTICES

16. Company Secretary, Functions and Responsibilities

 Appointment, removal, terms and condition, function, legal 15 A

obligations, role and responsibilities of company secretary.

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 ICMAP

SYLLABUS 2016
Estd. 1951

 All secretarial practices with reference to all provisions of the A

Companies Act, 2017 mentioned in Part A-Section-B
[Application Level].
 Understanding regarding eServices and e-filing of relevant U
returns and form.
 Other relevant requirements of a company secretary with
respect to e-filing under the Companies Act, 2017. A

TOTAL WEIGHTAGE 100

Note:
The syllabus covers all circulars, notifications, SROs, Gazette issued on the above listed laws from time to time. For
Spring (August) Examinations, such updates as on December 31 of preceding year and for Fall (February)
Examinations up to June 30 of preceding year or as notified by Examination Department from time to time.

NOTE:-
U = Understanding
A = Application

Institute of Cost and Management Accountants of Pakistan

88 (Constituted under Cost and Management Accountants Act, 1966)