Corporate Ethics Cases — Prelims Strategy

Prelims Strategy

Focus on memorizing specific provisions of Companies Act 2013 (Sections 135, 149, 177), SEBI regulations on corporate governance, and key facts about major cases (Satyam fraud amount ₹7,136 crores, Enron collapse year 2001, Volkswagen affected vehicles 11 million).

Create timeline charts for major cases with key dates, regulatory responses, and reform measures. Practice elimination techniques by understanding common traps: confusing civil vs criminal liability, mixing up regulatory agencies' powers, and incorrectly stating quantitative thresholds for governance requirements.

Use acronyms like SCALES for systematic case analysis and SEBI-RBI-MCA for regulatory coordination. Pay special attention to recent amendments and current affairs connections, particularly 2020-2024 cases and regulatory updates.

Focus on understanding cause-effect relationships rather than isolated facts.