Review Article: Taxmann’s CRACKER for Setting Up of Business Industrial & Labour Laws (Paper 3 | SUBIL)

Introduction

In the ever-evolving landscape of corporate law in India, the significance of a robust understanding of Industrial and Labour Laws cannot be understated. For aspiring Company Secretaries (CS) aiming to excel in the CS Executive exams, especially for Paper 3 – Setting Up of Business Industrial & Labour Laws (SUBIL), comprehensive preparation resources are imperative. Taxmann’s CRACKER for Setting Up of Business Industrial & Labour Laws has emerged as a prominent study aid, particularly for the June/December 2025 examinations under the new syllabus. This review article provides an in-depth analysis of this resource, focusing on its structure, past exam questions, and effectiveness for exam preparation.

Structure of Taxmann’s CRACKER

Taxmann’s CRACKER is meticulously organized, ensuring that students can navigate through complex topics with ease. The book is divided into major sections corresponding to the syllabus, encompassing crucial areas such as:

1. Setting Up of Business: This section covers the foundational aspects of business formation, legal requirements, and compliance, including different types of business entities in India.

2. Industrial Laws: Here, the focus is on laws governing industrial relations, such as the Industrial Disputes Act, 1947, and the Trade Unions Act, 1926. The CRACKER provides a thorough examination of the objectives, applications, and significant provisions of these laws.

3. Labour Laws: This critical area addresses the various facets of labour legislation, including the Minimum Wages Act, Employees’ Provident Funds and Miscellaneous Provisions Act, and the Factories Act, emphasizing the rights and obligations of both employers and employees.

4. Past Exam Questions: Each topic is reinforced with a compilation of past exam questions that have been categorized topic-wise, helping students to familiarize themselves with the examination format and the types of questions that commonly appear.

5. Answers and Explanations: Accompanying the questions are well-structured answers and explanations. This aids students in understanding not just the ‘what’ but the ‘why’ behind key legal principles.

Topic-wise Coverage of Past Exam Questions

Taxmann’s CRACKER takes a unique approach by aligning its content with past exam questions in a systematic way. Each chapter begins with a brief overview of the relevant legislative framework before delving into topic-wise questions from previous exams. For instance:

• Setting Up of Business: Past questions often focus on the procedures for incorporating companies, the documentation required, and the comparative analysis of different business structures. Answers in the CRACKER highlight essential legal mandates and practical implications.

• Industrial Laws: Questions typically revolve around the concepts of industrial relations and dispute resolution mechanisms. Taxmann provides case law references and critical analyses, which enhance the depth of understanding necessary for the exam.

• Labour Laws: The book includes questions that require knowledge of compliance and governance in labour laws, with explanations that relate these laws to real-world scenarios, making the content more relatable and easier to grasp.

Effectiveness for Exam Preparation

Taxmann’s CRACKER stands out for several reasons:

1. Conciseness and Clarity: The material is presented in a clear, concise manner, making it approachable for students who may find these topics daunting.

2. Comprehensive Coverage: By addressing every aspect of the syllabus and linking it with past exam questions, students can ensure they are well-versed in the necessary content.

3. Practice-oriented: The inclusion of numerous practice questions along with model answers encourages active learning and reinforces understanding.

4. Updated Content: With the constantly changing legislative environment, Taxmann ensures that its content is current and reflective of recent legal developments, an essential factor for CS aspirants.

5. User-Friendly Layout: The layout is designed for easy navigation, allowing students to quickly locate topics, questions, and answers, facilitating effective revision.

Conclusion

In conclusion, Taxmann’s CRACKER for Setting Up of Business Industrial & Labour Laws (Paper 3 | SUBIL) offers a comprehensive and structured resource for CS Executive students preparing for the June/December 2025 exams. Its focus on past exam questions and topic-wise explanations makes it an indispensable study companion. By integrating thorough legal content with practical application, Taxmann’s CRACKER not only prepares students for exams but also equips them with the foundational knowledge necessary for a successful career in corporate law. For students aiming for excellence in their CS Executive exams, this CRACKER is highly recommended as part of their preparation strategy.

Price: ₹425 - ₹410.00
(as of Mar 01, 2025 11:35:43 UTC – Details)


This book is prepared exclusively for the Executive Level of Company Secretary Examination requirement as per the New Syllabus. It includes comprehensive past exam questions (topic-wise) and detailed answers aligned with the latest ICSI syllabus.
The Present Publication is the 4th Edition for the CS Executive | New Syllabus | June/Dec. 2025 Exams. This book is authored by CS N.S. Zad, with the following noteworthy features: Strictly as per the New Syllabus of the ICSI[Comprehensive Coverage]
o Past Exam Questions (Topic-wise) , including:
§ CS Executive Dec. 2024 | Suggested Answers
o Case Law Based Questions[Most Updated & Amended] This book covers the latest applicable provisions and amendments under the respective laws[Chapter-wise Marks Distribution] from June 2019 [Exam Trend Analysis] for previous exams, from Dec. 2023Chapter-wise Comparison with ICSI Study Material
The contents of this book are as follows:Part I – Setting-up of Business (60 Marks)
o Selection of Business Organizations
o Corporate Entities – Companies
o Limited Liability Partnership
o Startups & its Registration
o Micro, Small & Medium Enterprises
o Conversion of Business Entities
o Non-Corporate Entities
o Financial Services Organizations
o Business Collaborations
o Setting up of Branch Office/Liaison Office/Wholly Owned Subsidiary by Foreign Company
o Setting-up of Business Outside India and Issues Relating thereto
o Identifying Laws Applicable to Various Industries and Their Initial Compliances
o Various Initial Registrations and LicensesPart II – Industrial & Labour Laws (40 Marks)
o Constitution and Labour Laws
o Evaluation of Labour Legislation & the Need for Labour Code
o Law of Welfare & Working Conditions
o Law of Industrial Relations
o Law of Wages
o Social Security Legislations
o Sexual Harassment of Women at Workplace (Prevention, Prohibition & Redressal) Act, 2013
Publisher ‏ : ‎ Taxmann Publications Private Limited; 4th Edition | January 2025 (27 January 2025); Taxmann Publications Private Limited, 59/32, New Rohtak Road, New Delhi-110005, Email Id: sales@taxmann.com, Phone Number: 011-45562222
Language ‏ : ‎ English
Paperback ‏ : ‎ 476 pages
ISBN-10 ‏ : ‎ 9364559568
ISBN-13 ‏ : ‎ 978-9364559560
Item Weight ‏ : ‎ 535 g
Dimensions ‏ : ‎ 27.9 x 25.4 x 2.5 cm
Net Quantity ‏ : ‎ 1 Count
Packer ‏ : ‎ Taxmann Publications Private Limited, 59/32, New Rohtak Road, New Delhi-110005, Email Id: sales@taxmann.com, Phone Number: 011-45562222
Generic Name ‏ : ‎ CS Executive Books, CS Executive New Syllabus Books, CS Executive Cracker, CS Executive Self-help Books, Self-Practice Books for CS Executive, ICSI Study Material, Company Secretary Books