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Assignment 1

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28 views

Assignment 1

Uploaded by

priyanka_kajla
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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UNIVERSITY OF PETROLEUM & ENERGY STUDIES

SCHOOL OF LAW

B.Com. LL.B. TL
(Semester VI)

SESSION: JANUARY-MAY, 2020

DIRECTED READING ASSIGNMENT- 1

COMPANY LAW II (CLCC 3006)

Under the Supervision of:

Name of Faculty- Ms. Priyanka Choudhary

(TO BE FILLED BY THE STUDENT)

NAME: _______________________________

SAP NO: ______________________________

ROLL NO: _____________________________


Section A (04×02.5= 10 marks)

1. Whether non- declaration on dividends amounts to Mismanagement.

2. Analyse any five key differences between Shares and Debentures.

3. State with reference to the provisions of Companies Act, 2013, whether you will take into
account the following for the purpose of working out the limits up to which investments can
be made by a public company:

a) Amount invested in debenture of a company in the same group. Yes/No

b) Amount invested in shares of a subsidiary company for the purpose of additional


investment in the same subsidiary company as well as investment in other companies.
Yes/No

Section B (02×05= 10 marks)

4. Comment on “A private limited company can accept deposit from its members under the
provisions of the Companies Act, 2013.

5. What are the circumstances under which the registrar of Companies is competent to file an
application of winding up of the company?

Section C (01×10= 10 marks)

6. Discuss the remedies available for ultra vires borrowings.

Section D (02×10= 20 marks)

7. A private company has only two shareholders who are also directors with equal rights of
management and voting power. The company has made large profits, but there is a complete
deadlock in the management of the company. One of the shareholders applied for winding up
of the company. Decide.

8. A Canadian Manufacturing Company desirous of setting up its branch office at Delhi seeks
your advice on the objects for which the company may be allowed to set up the desired
branch office. Advice the company about the procedure as required under Indian legal regime
to be followed in this regard.

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