Don’t Miss These Topics for the May 2025 CA Found. Law Exam

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As the CA Foundation Law exam approaches May 2025, as per Rishabh Gaur (faculty of IGP Institute), it’s crucial to focus on the key areas that can make a big difference in your score. Whether you’re revising or just starting, make sure you’ve covered these topics comprehensively:

Table of Contents

Topics to Cover for May 2025

Indian Contract Act

This is one of the most significant portions of your syllabus. Here are the topics you must not miss:

Consideration: Understand its role and the concept of privity to contract.
Free Consent: Dive into what void contracts mean and how damages are calculated.
Performance: What it entails, when performance is not required, and handling joint promises.
Pledge and Bailment: Know the duties of both the bailee and the bailor.
Substitute vs. Sub-Agent: The difference between these two is a common area of confusion.
Agency Law: Grasp the rights of third parties and the duties of agents.

Sale of Goods Act

Master the differences and nuances under this act:

Hire Purchase vs. Sale: Understand the differences and the implications.
Implied Warranties: When do conditions transform into warranties? Caveat emptor and exceptions.
Seller’s Rights: Focus on the right of lien and the rights of unpaid sellers.
Risk and Property Transfer: Explore unascertained goods and appropriation rules, and how risk passes with the property.
Nemo Dat Quod Non Habet: Study this principle and its exceptions.

https://www.youtube.com/watch?v=8k0TF7IzmUM

Indian Partnership Act

The Partnership Act has numerous fine details, so focus on:

Partnership vs. Co-ownership and Partnership vs. HUF.
Rights of Partners: What happens when partners misapply funds, the role of minors in partnership, and rights of transferees.
Outgoing Partner Rights: Make sure you understand dissolution by court and voluntary dissolution.
Settlement Modes: How are settlements handled after dissolution?

Companies Act

The Companies Act holds critical information you need to grasp:

Section 8 Companies and Dormant Companies.
Lifting the Corporate Veil: A must-know legal concept.
Ultra Vires and Indoor Management: Including its exceptions.
Share Capital: Classification and the various types of companies based on liability and access to capital.

Limited Liability Partnership (LLP) Act

The LLP Act is becoming more important, and you should focus on:

Designated Partners and the distinction between LLPs and traditional partnerships.
LLP vs. Company: Know the difference.
Change of Name: Study sections 13, 15, 16, and 17 for complete clarity on this process.

45 Min Revision

2 Hrs Revision

Negotiable Instruments Act

Negotiable instruments can be tricky, so focus on:

Presentment: The importance and requirements.
Bills of Exchange (BOE) vs. Promissory Notes: Differences and features.
Inchoate Instruments and Section 117: Understand their provisions in detail.

Indian Regulatory Framework

Don’t forget the basics of the legal system:

Sources of Law: Understand the framework of the Indian legal system.
Types of Law: Differentiate between the various types of law.
Court Functions: Grasp the role and functions of the judiciary.

FAQs

Que 1: What are the important topics for the May 2025 CA Foundation Law Exam?

The key topics include:

Indian Contract Act
Sale of Goods Act
Indian Partnership Act
Companies Act
Limited Liability Partnership (LLP) Act
Negotiable Instruments Act
Indian Regulatory Framework

Que 2: Do I need to join any classes to prepare for CA Foundation Law?

As the law subject is new for all students appearing in this exam, it is always suggested that you join classes to understand how the law works in India and help you crack your exam in one go.

Que 3: What are the best study resources for CA Foundation Law?