
13th June, 2025
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CMA Final Corporate and Economic Law Exam Analysis
Table of Contents
In CMA Final Corporate and Economic Law (Paper 13) is not just testing your memory – it’s a test of your mindset. This CMA final paper doesn’t ask, “Do you remember the law?” It asks, “Can you apply it when it actually matters?”
Whether you’ve appeared for the CMA Final June 2025 attempt or are preparing for CMA Final December 2025, these questions are on every aspirant's mind:
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How did the CMA Final Paper 13 go?
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Was the CMA Final Corporate and Economics Laws paper difficult or moderate?
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What topics dominated the CMA Final Corporate and Economic Laws exam?
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What should be the preparation strategy for CMA Final December 2025?
This CMA Final Exam review breaks down the Corporate and Economics Laws Paper to help current and future CMA Final students understand not just what came – but why it mattered.
CMA Final Law Paper Pattern Overview
The Corporate and Economic law exam followed the CMA Final Syllabus 2022 pattern:
Section |
Type |
Marks |
Section A |
15 MCQs (2 Marks each) |
30 |
Section B |
5 out of 7 descriptive questions (14 marks each) |
70 |
Total |
- |
100 |
CMA Final Corporate and Economic Laws June 2025 Exam Analysis – Topics Covered
Companies Act, 2013
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Board composition
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Appointment of directors
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CSR applicability
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Audit committee
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Board meeting quorum
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Maintenance of statutory registers
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Exceptions to Foss v. Harbottle
FEMA, FDI & RBI Compliances
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FC-GPR filing
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FIRMS portal and Entity Master
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FEMA violation consequences
SEBI Regulations
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Takeover obligations
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Target company’s responsibilities
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Corporate governance practices
IBC, 2016
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Resolution plan eligibility
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Role of interim resolution professional
Competition Act, 2002
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Unfair trade practices
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Penalties under Section 45
MSME Act, 2006 & IRDA
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Enterprise classification
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Non-tax benefits timeline
SARFAESI Act
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Takeover of management
Information Technology Act
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Cybercrimes (against persons + data)
PMLA, 2002
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Prevention of Money Laundering Act—key provisions
Download: Latest Amendments Notes for CMA Final Paper 13 Corporate and Economic Laws
CMA Final Corporate and Economic Law Paper Difficulty Level Analysis
Section |
Area |
Difficulty level |
MCQs |
Companies Act, IBC, CSR, SEBI |
Moderate |
Q2 – Q4 |
Company Law + IBC + SEBI |
Moderate to difficult |
Q5 – Q6 |
SARFAESI + Cyber Laws + Registers |
Moderate |
Q7 – Q8 |
FEMA + PMLA + Foss v. Harbottle |
Difficult |
Overall CMA Final Paper 13 Corporate and Economics Law Difficulty Level: Moderate to Challenging
CMA Final Paper 13 Corporate and Economics Law Topic-wise weightage
Topic |
Approx. Marks |
Companies Act, 2013 |
30-35 |
IBC, 2016 |
10-14 |
SEBI Regulations |
7-10 |
FEMA Compliance |
10-14 |
SARFAESI Act & Cyber Laws |
7-10 |
PMLA and Money Laundering |
7-8 |
Competition Act / MSME |
5-6 |
CMA Final Corporate and Economics Laws June 2025 Question Analysis
Case Scenario MCQs (Section A)
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The first few MCQs in CMA Final Corporate and Economics Laws required analyzing a corporate governance structure and determining legality under the Companies Act.
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Challenging for those CMA Final students who didn’t revise recent amendments or overlooked director composition rules.
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Section B – Corporate Governance in family Business (Q3)
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Required interpretation and articulation rather than rote memory.
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Scoring for those CMA final students who had prepared well with examples and structure.
SARFAESI & SEBI Obligations (Q5 & Q4):
These tested the student’s grasp of financial regulations, especially audit responsibilities, takeover regulations, and investor protection.
FEMA & FDI Compliance (Q8):
A real-world scenario where a CMA Final student had to apply both technical provisions and offer remedial suggestions.
Want CMA Final June 2025 Corporate and Economic Law Actual exam paper? Click here
Important tips for CMA Final December 2025 students
- Focus on concepts + Case Application
Law is not about mugging up anymore. Know how to apply it.
- Practice Answer Structuring
Practice writing answers in the correct way.
Introduction → Legal Provision → Application → Conclusion
- Master MCQs with Rationale
Don’t just solve MCQs – learn why the correct answer is right and why the rest are wrong.
- Stay Updated
Regulations under FEMA, SEBI, and IBC keep evolving. Follow CMA updates and use current case studies.
- Practice Mock Test Papers
Give CMA Final Mock test papers as many as possible to improve answer flow, to manage time, and analyze your performance.
Note: After each mock test paper, spend 30-40 minutes reviewing it. Not just check marks – analyze where you lost marks and revise that concept immediately.
- Seek Mentorship
Cracking the CMA Final, especially a paper like Corporate and Economic Laws (Paper 13), is not just about hard work—it's about guided smart work. That’s where mentorship makes all the difference.
While books and classes tell you what to study, a mentor shows you how to think, what to skip, and how to answer like a professional.
Download: Question Bank for CMA Final Paper 13 Corporate and Economic Law
Conclusion:
The CMA Final June 2025 Paper clearly showed that rote learning is no longer enough. Students, who understand the topic deeply, practice case scenarios, and practice writing answers will clear the CMA Final Corporate and Economics Law subject.
For those who are preparing for the CMA December 2025 exams, now it is time to shift gears. Use this exam analysis as a blueprint – not just to understand what was asked, but to prepare for what will be expected.
FAQs
Q1. What is the overall difficulty level of CMA Final Paper 13 (June 2025)?
Ans. The overall CMA Final Paper 13, Corporate and Economics Law, is moderate to slightly tough with conceptual and application- based questions.
Q2. How was the MCQ section in the CMA Final Corporate and Economic Law paper?
Ans. The MCQs in the CMA Final Corporate and Economic Law paper were scoring but tricky, with close options.
Q3. Which topics were most important in the June 2025 Paper 13?
Ans. In CMA Final Paper 13, key topics included the Companies Act, SEBI laws, IBC, and FEMA.
Q4. Will the December 2025 exam follow the same pattern?
Ans. Yes, it is likely to follow the same 30:70 MCQ and descriptive format with a focus on practical application.
Q5. How can mentorship help in preparing for Paper 13?
Ans. Mentorship helps to prepare CMA Final Paper 13 by offering:
- Customized study plan
- Answer writing practice
- Doubt solving
- Emotional Support
- Daily targets
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- Can I Crack CMA by Self-Study?
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