7. 4 Sec. 314(1) Vs. Sec. 314(1B) 1. SR. 1. SR & CG approval. 2. Need not be prior approval. 2. Prior approval required. 3. Starts as valid appointment. 3. Starts as a void appointment. 4.Vacates office if not approved. 4.Never considered as appointed if not approved. 5. Excludes 4 officers-MD, Manager, Banker, and Debenture Trustee. 5. Does not exclude. 6. Applies to POP in Sub. Co also. 6. Not applicable. 7. Director holding POP irrespective of remuneration. 7. ------------- 8. Partner or relative of a director. 8.(Plus Manager) Partner or relative of Director/Manager. 9. Firm in which director or relative is a partner. 9. (Plus Manager) Firm in which Dir/Mgr or relative of either is partner. 10. Pvt. co in which director is a director or member of such Pvt. Co 10. (Plus Manager & Relative) Pvt. Co. in which Dir/Mgr or relative of either is a director or member of such Pvt. Co. 11. Director/Manager of such Pvt. Co. 11. -------------- 12. Remuneration Rs. 10,000 or more for point 8-11. 12. Remuneration Rs. 50, 000 or more for point 8-10.

11. STAR S FOR PREPARATION

12. Tips during Exams 1 5 4 3 2 Study approach for Theory subjects Study approach for Application areas Presentation in exams – Theory questions Presentation in exams – Numerical p roblems

19. A non-performer fails to perform Because of….. But a performer performs Inspite of……..!!!