CA Inter Corporate & Other Laws RTP Jan 2026, RTP Solutions & Analysis

CA Inter Corporate & Other Laws RTP Jan 2026 session is designed to help students revise key concepts and prepare effectively for upcoming exams. Here is a detailed summary, analysis, and solutions to important questions from the RTP, making it easier for students to understand and practice.

The RTP includes a mix of previous year questions (MTPs and RTPs) along with some new variations. It focuses on concept clarity, case-based learning, and procedural compliance. The session encourages students to solve all questions without skipping any, ensuring complete preparation.

RTP Structure Overview

The CA Inter Corporate & Other Laws RTP Jan 2026 is divided into three main sections:

1. Case Study-Based Questions (Division A) – Usually 2 case studies requiring application of law.

2. Multiple Choice Questions (MCQs) – Around 8-9 questions covering key provisions.

3. Descriptive Questions – Focused on detailed problem-solving and concept clarity.

The instructor suggested solving descriptive questions first for thorough understanding, followed by MCQs and case studies.

Key Questions and Solutions from RTP

Below are the detailed solutions and explanations for important questions from the CA Inter Corporate & Other Laws RTP Jan 2026. These examples cover both case-based scenarios and practical problems, helping students understand the application of corporate and other laws clearly.

1. Revision of Financial Statements

Scenario: Bright Retail Limited wants to revise financial statements for FY 2022-23 due to non-compliance.

Solution:

• Section 131 allows revision for the past 3 financial years.

• Only one revision per financial year is permitted.

• NCLT approval is required within 14 days of the board’s decision.

• Revised statements must be filed with the ROC within 30 days of the NCLT order.

• Only financial statements or board reports can be revised at a time.

Bright Retail Limited can revise the FY 2022-23 financial statements by following this procedure.

2. Private Placement for Fundraising

Scenario: Gloria Tech Solution Private Limited raised ₹150 lakhs via rights issue, but needs an additional ₹500 lakhs.

Solution:

• Private companies can raise funds through private placement under Section 42.

• Procedure: Board resolution → Special resolution → Offer letter to specified persons.

• Allotment within 60 days and filing with the ROC within 15 days.

• Maximum 200 persons per financial year per security type; QIBs and ESOP employees excluded.

Gloria Tech can raise the additional funds through private placement, following these rules.

3. Auditor Remuneration

Scenario: Engagement letter mentions remuneration will be mutually decided.

Solution:

• First auditor’s remuneration is fixed by the board.

• Subsequent auditors’ remuneration is fixed by the general meeting (can delegate to the board).

• Includes audit fees and related expenses.

• Separate professional services fees are additional.

Mutual decision in the engagement letter is valid.

4. Definition of Foreign Company

Scenario: Determining foreign company status under Section 2(42).

Solution:

• Incorporated outside India and has a place of business in India.

• Mere agent operations or board meetings in India do not make a company foreign.

• Physical or electronic presence in India is decisive.

5. Private Placement Limits

Scenario: Devrshi Limited issued securities to more than 200 persons.

Solution:

• Equity and debenture limits: 200 per financial year per security type.

• QIBs and ESOP employees are excluded.

• Effective count allows additional issuance within limits.

6. Charge Registration

Scenario: A floating charge created on current assets for a loan.

Solution:

• Register with ROC under Section 77 within 30 days.

• Extensions up to 120 days are allowed with additional fees.

• Floating charge applicable to current assets.

7. LLP Rights Transfer

Scenario: Raman transfers 40% share to Arjun.

Solution:

• Partial transfer does not cause dissociation.

• The transferee does not gain management rights automatically.

8. Statutory References & Interpretation

Scenario: Old Companies Act references in Income Tax Act.

Solution:

• References to Section 25 (1956 Act) read as Section 8 (2013 Act) under the General Clauses Act.

• Interpretation depends on context; associated words are judged by their “company.”

9. FEMA Remittances

Scenario: Startek Private Limited remits USD 12 million and USD 900,000.

Solution:

• Infrastructure consultancy limit without RBI approval: USD 10 million.

• Other consultancy limit: USD 1 million.

• USD 12 million requires RBI approval; USD 900,000 does not.

10. Dividend Declaration & Payment

Scenario: Interim and final dividends declared.

Solution:

• Interim dividend declared by the board; final dividend recommended by the board.

• Shareholder approval is required in the AGM.

• Unpaid dividends beyond 7 years are transferred to the Investor Protection Fund.

11. Register of Members

Scenario: Shareholder requests for entries and the shifting register.

Solution:

• Register maintained at the registered office.

• Changes must be entered within 7 days of the tribunal order.

• AGM report filed with ROC within 30 days.

12. Underwriting Commission

Scenario: Commission on shares and debentures.

Solution:

• Max 5% for shares, 2.5% for debentures.

• Payable from company profits.

Key Provisions in CA Inter Corporate & Other Laws RTP Jan 2026

Here is a concise overview of the important provisions, limits, and relevant sections from the CA Inter Corporate & Other Laws RTP Jan 2026. It is designed for easy revision and understanding of key concepts.

Key Insights for CA Inter Corporate & Other Laws RTP Jan 2026

Procedural compliance is critical for the revision of financial statements, private placement, and charge registration. Foreign company status depends on the presence of a business in India. Private placement has strict person limits and timelines. Auditor remuneration rights are protected and clearly defined. FEMA remittances require RBI approval based on the type and limit. 

Dividend payments must follow the board's recommendation and shareholder approval. Registered offices are legally binding for statutory registers. Statutory references should be interpreted with the re-enacted law. LLP partner rights transfer does not imply management participation. Words in statutes must be read in context for proper interpretation.