Competition Act | Paper 6D | Nov'22 | Exam-Oriented Superfast Revision | Shubham Singhal | CA Final
Haanji doston, kya haal hai, Today we are going to revise the Competition Act for CA Final Paper 6D.
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Contradictory points solved for Paper 6D: 1. SARFAESI Act Section 31 - Provision not applicable where amt due less than ___ (20% or 25%) Opinion - Bare act and case study says 20%. Only ICAI module says 25%. But if you check ICAI Paper 4 Old course mat, it was 20%. It seems like an error in the 6D ICAI material Conclusion - Consider 20% for all purpose. 2. Section 3 of SARFAESI - Net owned fund of Rs. 2 crores or 100 crores: There is no contradiction here. Act says minimum NoF should be Rs. 2 crores or higher amount prescribed by RBI. RBI prescribed Rs. 100 crores 3. Competition Act - Notice to be sent to CCI in 30 days or 7 days? a. Whether it is 7 days or 30 days, there is a 5 years exemption from sending this notice w.e.f. 29th June 2017 (i.e., upto 29th June, 2022) b. Is it 7 days or 30 days - Here's the conclusion - It was 7 days until 2007. Then it was increased to 30 days till 2017. And then it was suspended for 5 years till 2022. So, the final answer would be 30 days. Again seems an error in ICAI 6D Mat. Apologies for having said 7 days in my revision video. Final answer - Notice to be given in 30 days
@monicaverma41
Жыл бұрын
Sir exactly i was having same doubt....material 6d says 7 days notice t9 cci...and solution is given 30 days...anyways....thanks for clearing the doubt
@ritikbomb
Жыл бұрын
Sir there's one correction... Exemption of 5 years is for the time limit of 30 days and not for sending notice. Notice is to be sent compulsory (given on page 1.42 of module)
@idtdecoded6101
Жыл бұрын
@@ritikbomb yes, that's the correct view. Notice would be valid even if sent after 30 days but penalty under 43A shall still be imposed and the time limit of 210 days shall be reckoned from the actual date of such notice.
@ritikamodi9942
Жыл бұрын
1st point in there in corrigendum issued by ICAI, they corrected it to 20% 3rd point also they corrected by corrigendum, it is 30 days
@Hari_1M
Жыл бұрын
@@ritikamodi9942 yes i just saw corrigendum today they corrected. What sir said is exactly correct
Class starts at 10:20
@Krishna.4321
Жыл бұрын
Approx all like your video because you consider importance of time which sir not think
@KS-ze6uy
Жыл бұрын
12:44
@ehrazhussain9988
Жыл бұрын
@@KS-ze6uy okk
@ashrithaph7815
Жыл бұрын
Thank you
@ehrazhussain9988
Жыл бұрын
@@Krishna.4321 hahahaha true
1:21:31 Procedure for Combination. Sec 6 Sec 29 Sec 30 Sec 31 will always work Together. Explained through Chart.
Best Video for Competition Act... Fantastic Concept Clarity... Superb Presentation.... Excellent Linking of Sections.... Marvellous Method of in-depth Revision.... 🙏❤️.💯
Ek Dam Jhakas , Best video on KZread for competition Act 😍😍😍😍, Ab Sahb Dar Nikal gya competition act Ka 😍😍👌🏻👌🏻
watching this once and going through modules and questions was really helpful thanks a lot.
Thanks Shubham for this video. Really appreciable.
Maza aa gaya sir padke THANKS a LOT !!! Combination and baaki sections mai ab jaake clarity aaya hai
Best lecture !! Thanks for putting heart and soul in it. Thanku so much.😊
The best lecture and a boon for us, thank you so much!
Thankyou sir, really appreciate your efforts❤️
Thank you so much !! Really helpful for concept clarity !💯
Hats of to you brother!!! Really helped in revising it
Thanks 🙏🏽 for your support 💕
super helpful!! classes wala quality hi h ye, lord shubham all the way up!!
Thank you Sir, the summary chart explanation is tabaahi🌊
Doing this comment in mid of your video...your efforts💯...going to appear for grp 2 from Nov 10...kal fema padh ke extreme stress ho gaya tha ki yaar kaise hoga ye sab...after waking up I thought I should start competition bcs bada chapter hai..and started your video ...and literally I feel blessed..bcs confidence aa gaya..ab lag ra hai ki haan I can try for exemption aapki videos se FEMA, IBC, RERA, PMLA and obviously competition act karke atleast 70% syllabus me grip rahega because of you...baki 2 ko sambhal lenge.. #grateful #more and more success to you🙏🏻
THANK YOU BOSS😇🤝 TOGETHER WITH YOU WE CAN AND WE WILL😇🤝🤗
Seriously thank you.... God bless you 🙏🙏🙏
Best lecture for concepts clarification Thanks sir
Thank You So Much Sir for this amazing lecture !
Thank you sir for your efforts!!❤️
Great summarisation of concepts!! Also wanted to ask you whether you could upload a revision lect of SARFAESI as well?
1:04:40- sec- 4 summary 1:26:58 - Procedure for Combination summary
Amazing Faculty, Thank you Sir!
Thankyou so much ur revision lecture helped me alot❤️
Thank you so much 🖤 💙 sir. Appreciate your efforts
sirr ek dum mazedar revision ..
Extraordinary Lecture
Hats off to you sir🙏
Sir really helpful this lecture.. ❣️🤗🤗🙏.. Thank u so much sir 🙏
Thank you so much sir. 🙏💜
Thank you so much Sir.
Itna achase kabhi nhi samjha tha sir. It's so so interesting. Majaa agya. Thanks a ton.👏
1:22:09 Please note that time period of notice to CCI is amended to 30 days. (Vetted from ICAI corrigendum)
@Akbhadani
8 ай бұрын
🙏
@dhruvmodi1
8 ай бұрын
Lol mcq me aaya aur suggested me icai ne 7 issue Kiya answer me 😂🤷 bhagwan jaane kya chahte hai
@vishaljain192
8 ай бұрын
@@dhruvmodi1bhai tab answer 7 days hi aata tha. Lol... Tere interpretation galat hai
@dhruvmodi1
8 ай бұрын
@@vishaljain192 kaise? BOD meeting se 30 days hi hoga na answer to
@vishaljain192
8 ай бұрын
@@dhruvmodi1 haaa bhai. Par jab icai ne exam mai pucha tha na tab 7 days tha.. Before amendment ka question.. Paper dekha hoga aap ne.
Sir 210 days time limit for order in sec 6 and 90 days after public notice limit for order by cci which is to be complied with ?
Sir what is the difference between 210 and 90 days limit...like in case study 7 icai haven't used 90 days limit. Why?
Had a blast watching this video ..😅😅 Some fadu punch lines..made me laugh at heart.." pura khatthak kr liya " ,"ye to open book h sidhe exam hall me book kholenge ", " itna to competition kavi nhi padha" ," RERA Bera sab khud kr lenge" 😂this video is epic..Thanks bhaiya..full clarity..❣️
Sir, just one Lil correction penalty is on "relevant" turnover decided in excel corp care case
Shandaar jabardast Zindabaad sir🙏
Sir notification group co. only if have 50% or above was given on 4th March 2016 for 5 years and 5 years have lapse already so why don't we consider 26% again ?
Thank you so much sir 💖
Thank u for exemption from combination and group definition
Thank you so much sir for these revision videos❤❤
Sir aapka ye chart jo draw kiya hai where to find that
Ekdaam sedhi baat, no bakwaass!!!! You are our sprite.
HEY guys ye chart jo sir ne class mein dikhaya ha kaha pr milega ye
Really helpful sir. Thankyou so much
Really Helpful ..Thank you so much sir !!❤
Sir Bahot achhe se aap ne samjhaye h. thank you so mich sir
Bhai ne zabardast revision karwaya hai🚀
Thankyou so much sir...
The way u teaches is osm...plz upload video on SARFAESI Act as well. :)
With consistency, i have reached at the level to watch his lectures on 2.5x with full understanding 😂💥
@Rb-ks7ox
2 жыл бұрын
Goes the same with me😂😂
@mohdyasirali7817
Жыл бұрын
there is not a option for that speed in youtube😂
@ca.saurabheb
Жыл бұрын
@@mohdyasirali7817 don't you understand downloaded lecturers??😂😂
@CAsourabh46
Жыл бұрын
😂😂
@nehashrikant
Жыл бұрын
True 😂😂😂😂
Doubt 6D Eco law ............Competition act me 6(4) ka exemption to bank , pfi, FII etc jo h vo sirf Notice and effective date of combination wale provisions se exemption h right??? Combination provisions are still applicable to these if they cross threshold u/s 5 and are not exempted through de minimis exemption or other exemption given in sec 5 on pg 1.40?
Awesome revision sir😍😍
I have never seen any teacher with this level of indepth clarity in Law Saying this not solely on the basis of this
Sir your explanation is damn good! Pahale darr lag raha tha Competition Act se but ye lecture ke baad sab clear ho gaya! Thank you so much 🙏
@bharatgera8229
Жыл бұрын
Soo trueee
Thank you very much Sir. Hasee mazaak mein Ye sardard jaise chapter ko efficiently aur effectively khatm kardiya😇🙏
Thank you so much sir ......♥
Sir, Please provide revision for SARFAESI and Benami Property Act Chapters!
Thanks sir... Too helpful.
Thank you sir❤️
By this Lecture you have Made an adverse effect on Competition.... 😂😂 Sara competition hi khatam kar diya... 😀Best video
@your_cabuddy04
Жыл бұрын
Hahahaha.
@PS-792
Жыл бұрын
But koi agreement nhi kiya kisi se. Aur consumer ka to fayda hi ho rha. To badhiya hi kiya.
Can someone provide the link to download the notes
Sir in section 6(2) limit is 30 days only as icai has given its notification in pg - 1.42 in sm @shubham singhal. Sir please clarify
Thank you so much!
Sir bhot maja aa gaya.. Thank you 🙏
Sir CCI ko Notice Dene ka time limit u/s 6 CMA module me 30 days hai to kya follow karna 7 days or 30 days
Competition act applies including Jammu and Kashmir or excluding J&K?
Sir module se kafi Sara content extra pdaya h Apne , lyk cartel me uske typs wgrh, is that necessary to take these notes to exam hall? Ya module is just sufficient
You can refer the corrigendum released by ICAI for corrections in ICAI module
Amazing session sir ......
13:20 start
After mining a lot for competition act revision I conclude, this is the best one 😅
Thank you so much sir
Sir can we use these recordings for nov 2023 exam. Please reply sir
Awsm!thank you sir you made this chapter easy to understand.
From where we will get this chart
Starts at 10:04
Thanks to so much sir most benefit this technical chepter make easy and more benefit in today 's paper caselaw samsher 😀
SIR; 6D COMPLIER ONLINE PURCHASE KRNE KA KOE OPTION AVAILABLE HAI KYA?
1:15:33 but the exemption has been expired right? Can anyone please answer
From where I get these notes?
Thank You Sir
Amazing one sir. Really amazing concept clarity you gave
1:05:10 Combination
Sir can u provide with telegram link of these revision charts? I am watching ur lectures for first time...kindly guide
Blessed 🙏
Tysm sir for this video..
Sir please if you don't mind please provide the lectures in English so that we can catch the subject very easily
50% group ki definition me for 5 saal ke liye tha na toh may 22 ke liye toh jo original definition wo lagegi na????
Where can we get the charts and these notes
This vedio will stay on youtube ,, bina kisi deri ka 🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨
Can somebody provide me with the link for the summary chart
Sir, Sarfaesi or benami act ka bhi revision video de dijie please. These videos are really helpful.
Thank u very much sir!
@your_cabuddy04
Жыл бұрын
Thanks Harsh. All the best for your exams. Do share with your friends and help me reach out to more students.
Undoubtedly Best on KZread
Could you please provide link to the telegram notes referred in the video
Thank you sir