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PAST PAPER Corporate Allied Laws

This document is an exam for a Corporate Laws and Practices course, to be held on July 12th, 2022. It will have two sections, with Section I being worth 40 marks and Section II being worth 30 marks. Section I contains 5 questions, with Question 1 asking students to answer short questions about legal terminology. Question 2 asks students to explain statutory interpretation approaches. Question 3 covers requirements for company board meetings under the Companies Act 2013. Question 4 addresses the Provident Fund and Miscellaneous Provisions Act 1952. Question 5 covers foreign exchange regulations. Section II offers shorter note options on related topics.

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Nilesh Vanzara
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49 views2 pages

PAST PAPER Corporate Allied Laws

This document is an exam for a Corporate Laws and Practices course, to be held on July 12th, 2022. It will have two sections, with Section I being worth 40 marks and Section II being worth 30 marks. Section I contains 5 questions, with Question 1 asking students to answer short questions about legal terminology. Question 2 asks students to explain statutory interpretation approaches. Question 3 covers requirements for company board meetings under the Companies Act 2013. Question 4 addresses the Provident Fund and Miscellaneous Provisions Act 1952. Question 5 covers foreign exchange regulations. Section II offers shorter note options on related topics.

Uploaded by

Nilesh Vanzara
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

Exam Seat No.

_________

THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA


FACULTY OF COMMERCE
SECOND YEAR MASTER OF COMMERCE
FOURTH SEMESTER END EXAMINATION – JUNE 2022
CORPORATE LAWS AND PRACTICES (ACF 2407)

Day & Date: Tuesday, 12thJuly, 2022 Time: 3:00 p.m. to 06:00 p.m.
Max. Marks: 70
Notes:
1. There are Two Sections. SECTION- I - 40 Marks and SECTION-II-30 Marks.
2. Figures given in the bracket on the right side indicate marks.

SECTION - I

Marks
Q-1 Answer the following questions in short (2.5 Marks each) 10
(a) What is Statute?
(b) Explain the Quorum for Board Meeting?
(c) Explain the Applicability of the Employees State Insurance Act,1948.
(d) Define the term “Foreign Exchange as per section 2(n) of the FEMA,1999.

Q-2 Explain the “Scheme of the Act” as a Source of Interpretation of Statutes 15


OR
Q-2 Write a Short note on following:
(a) Literal Rule of Interpretation 05
(b) Rule of Beneficial Construction 05
(c) Rule of Harmonious Construction 05

Q-3 Explain following in relation to the Board Meeting of the Companies as per the Companies 15
Act,2013:
- Periodicity of the Board Meeting
- Notice of the Board Meeting
- Who can convene Board Meeting?
- Day, Date, Time, and Place for Holding Board Meeting

CORPORATE LAWS AND PRACTICES (ACF 2407) Page 1


OR
Q-3 Write a Short note on following
(a) Board Meeting through the “Video Conferencing” 07
(b) Audit Committee 08

Q-4 Explain following in relation to Provident fund and Miscellaneous Provisions Act,1952: 15
- Object of the Act
- Applicability Of the Act
- Bifurcation of the Employer and Employees Contribution towards the various Schemes
- Penalties for the Delay in depositing Contribution with EPFO
OR
Q-4
(a) Explain benefits available to the women employees under the Maternity Benefit Act, 1961 7
(b) Explain following in relation to Payment of Gratuity Act,1972 8
- Object of the Act
- Applicability of the Act
- Amount of Gratuity payable to the Employees
- Maximum Limit of the gratuity payable to the Employees

Q-5 Explain following as per the Foreign Exchange Management Act,1999 15


- Prohibited Current Account Transaction
- Current Account Transactions with Prior Approval of Central Government
- Current Account Transaction with Prior Approval of RBI
OR
Q-5 Write a Short note on following:
(a) Non-Resident (External) Rupee Account (NRE Account) 05
(b) Non-Resident Ordinary Rupee Account (NRO Account) 05
(c) Foreign Currency Non-Resident Bank Account 05

*****

CORPORATE LAWS AND PRACTICES (ACF 2407) Page 2

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