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Company Law 1

The document outlines examination details for Company Law courses, including various topics and questions across multiple semesters. It is divided into three parts: Part A consists of short answer questions, Part B includes detailed questions, and Part C requires in-depth analysis of specific legal scenarios. The subjects covered include company characteristics, legal liabilities, directors' roles, and winding up procedures.

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Juzt Sree Ram
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0% found this document useful (0 votes)
37 views10 pages

Company Law 1

The document outlines examination details for Company Law courses, including various topics and questions across multiple semesters. It is divided into three parts: Part A consists of short answer questions, Part B includes detailed questions, and Part C requires in-depth analysis of specific legal scenarios. The subjects covered include company characteristics, legal liabilities, directors' roles, and winding up procedures.

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Juzt Sree Ram
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Code No: E-18694 FACULTY OF LAW LL.B (3 YDC)/ LL.B. (Honours) (3 YDC) Ill Semester Examinations, April / May 2023 Subject: Law Paper IV: Company Law Time: 3 Hours Max Marks: 80 PART-A Note: Answer any five questions. (5 x 6 = 30 Marks) Private company Doctrine of Ultra vires Kinds of shares Transmission of shares Statutory meeting Proxy ‘Amalgamation of companies National Company Law Appellate Tribunal @Nousene PART-B Note: Answer any two questions. (2x 15= 30 Marks) 9. What are characteristics of company and what are the required conditions to lift the corporate veil? 10. Explain the legal provisions relating to civil and criminal liability for misstatement in prospectus, 11. Discuss the position of Director in the company and the rights and duties of directors. 12. Examine the different modes of winding up of companies under the provisions of the Companies Act. PART-C Note: Answer any two questions. (2 x 10= 20 Marks) 13. A company altered the objects clause of its memorandum of Association by passing a special resolution. A copy of resolution was filed with the Registrar. Four months after the passing of the resolution. Can the Registrar register the alteration? 14. Dharani Limited lends to Balaji Limited on a mortgage of its assets. The procedure laid down in the AOA for such transactions is not complied with. The directors of the two companies are the same. Is the mortgage binding upon Balaji Company? 15, Mr. Ashok, a Chartered Accountant is the financial controller of Roop Industries pvt. Lid, for the last 5 years. The company intends to appoint him as the statutory auditor for the company. Can the company do so? Discuss. 16. Smt. Roja, an athlete buys 200 shares in a company from Mr. Shetty on the faith of a share certificate issued by the company. Roja tenders to company a transfer to herself from Shetty duly executed together with shetty's share certificate. The company discovers that the certificate in the name of Shetty has been fraudulently obtained and refuses to register the transfer. Is Roja entitled to get the registration of the transfer? Code No, D-12479/BL FACULTY OF LAW LL. B (3 YDC) / LL.B (Honours) (3¥DC) Ill ~ Semester Examination, November 2022 Subject: Law Paper: IV — Company Law Time: 3 Hours Max, Marks: 80 PART-A Note: Answer any five questions (5 x 6 = 30 Marks) Preferential payment Debenture Bonus shares An Statutory meeting a, AGM “ a NCLAT n Promoter Independent Director PNOARENS PART-B Note: Answer any two questions ‘\ (2x 15 = 30 Marks) 9. Who is a Promoter? What are the duties cp of promoter? 10.Distinguish between public and private coMpafies. 11-State the egal provisions relaindtolsgposal of unpaid and unclaimed dividends ~ 12. What do you understand bythe jiding up” What are the grounds of compulsory winding of a company PART -C Note: Answer any two,questions (2x10 = 20 Marks) 13.A company, a to shift its registered office from Hyderabad to Delhi on the ground that there was better scope in Delhi for the expansion of its business. The state ofifeldngana opposed shifting of registered offices on the ground that Hyderabad offers better scope for expansion of the company’s business. Decide with reference to decided cases 14."M' a person is already holds office of a director in 15 companies, He wants to become a director of another company. Advise ‘M'. 15.A public limited company has fifteen directors, four of whom are not subject to retire by rotation. Is it a validly constituted board? Comment. 16, The directors of a company bought shares from ‘A’ they disclose to him that negotiations were conducted for the sale af all the company's shares at higher price than they were to pay to ‘A’. A sued to have the sale set aside will he succeed No. 722 FACULTY OF LAW L.L.B. (3 YDC) / LL.B. (3 YDC) (Hons.) Il - Year Ill - Semester Examination, February 2024 Subject : LAW Paper : IV Company Law Time : 2 hours Max. Marks : 80 PART-A Note: Answer any four questions. 4 5 jarks) 1 Statutory Meeting 2. Transmission of shares 3° Share certificate NX 4 CSR 5 Requisites for a valid meeting ¢ 6 MCA 7 Insolvency and Bankruptcy 8 Mergers Q PAR’ Note: Answer any one wy (1 x 20 = 20 Marks) 9 What is prospectus? Explaidthé-fiability of MIS-statement in the prospectus with suitable legal proySfons. 10 Explain the role of Djgectdtg in the Companies Management with suitable legal provisions and cas 11 Whatis CSR? Explain tRte importance of CSR in the changing scenario in India. 12 Explain the, impagbof the Companies Act 2013 in the economic development in PART-C medhy one questions. (1x 20 = 20 Marks) imost all shares except one in steel company and he was substantial ‘0. ‘X’ insured the company’s steel in his own name. Steel having been destroyed by fire. He claims compensation from the insurance company. Will he succeed? 14 A company was incorporated for the purpose of manufacturing chemicals as its main business. It distributed Rs.1,00,000/- to scientific institution for research is it valid. 15 ‘A’ is the holder of all shares except one of a mining Co. ‘A’ insures the company mining in his own name. The mining is destroyed by fire. Can ‘A’ recover the loss. 16 A public limited company inserted an advertisement in a newspaper stating that some shares were still available for sale according to the prospectus of the company which could be obtained on application. Do you consider it as a prospectus. sens Code No. 722/BL FACULTY OF LAW LL. B (3 YDC) / LL. B (3 YDC) (Honours) Il - Year Ill — Semester Examination, September 2021 Subject: Law Paper: IV — Company Law Time: 2 hours Max. Marks: 80 PART-A Answer any four questions. (4x 10 = 40 Marks) Deemed Prospectus Additional Directors Interim Dividend DIN Depository Participant Objects Clause Corporate veil Official Liquidator eVOMReN PART - % Answer any one question. (4x 20 = 20 Marks) § A Company has a nationality and resi Gres no citizenship. Discuss the law. 40 The shares of a Pvt. Lid. Company aré‘haldransferable at all. Critically examine the statement by quoting case Jays. 11 What is Meeting? Explain the Importance of extra-ordinary general meeting of @ company. ~* 12 What is Winding Up? ne Winding up of a company by the court on the grounds ‘Just and Fath fo \ PART -C Answer any one gpestion. (1.x 20 = 20 Marks) 13 °X’ company Purchases a property without its power given in the Memorandum of Assgpiati it is the legal position of the company with regard to company. 148 kasd has only ‘2’ shareholders who are also the Directors with equal rights of management and voting power. The company has made huge profits but there is a complete dead lock in the Mgt. of the company. One of the shareholder applied for the winding up of the company? Decide. 15 Two Companies X and Y filed petition under Companies Act seeking sanctioning of the scheme of their amalgamation. What are the expected objections from the authorities. 16 An offer by ‘A’ Co Ltd. to purchase the whole of the issued share capital of B Co. Ltd. has been accepted by the holders of 9/10" of the shares. What further steps can be taken by ‘A’ Co. Ltd. to acquire the holdings of the dissenting shareholders. Code No.§120/BL FACULTY OF LAW LLB (3 YDC) Il Year Ill Semester Examination, October/November 2020 Subject: Law Paper-IV: Company Law Time: 2 hours Max. Marks: 80 PART ~ A (10 x 4 = 40 Marks) Answer any Four of the following. . Lifting the Corporate Veil . Indoor management 9% . Debentures Transfer of shares Proxy NK . Corporate Social Responsibility Mergers . Insolvency and Bankrupty code 2016 é¢ ENOMaeN= PART — B (1 x 20.20 Marks) Answer any “Cy lowing. 9. Define company and explain the charatteriStics and different kinds of companies. 10. “A promoter stands in a fiducianyrelation towards the company he promotes”. Explain. ? 4 11.Define “Share’. What are tfeifferént types of shares that may be issued by a company. 12. Briefly state the proyisiong of the companies Act regarding the mode of appointment of the det of a company. @ PART~C (1 x 20= 20 Marks) Answer any one of the following. ‘company borrows money from 'Y’ beyond its powers. Has Y, a , any remedy against (a) the company and (b) the directors of the 14. A takes proceedings against the directors of a company of which he is a member to compel them to make good losses sustained by the company owing to their fraud. Will be succeed? 15. A company's trade has been suspended temporarily owing to the trade depression with bonafide intention to continue its operations when conditions improve. A petition was filed in the court for winding up the company. Decide. 16. S carried on business under an assumed memo. He took shares in that name and aa insolvent. His trustee in insolvency tried to avoid liability as a shareholder. Is liable? Code No. 5120 FACULTY OF LAW LL.B. (3 YDC)// LL.B, (3 YDC) (Hons.) II-Year I1I-Semester Examination, January 2020 Subject: LAW Paper -IV Company Law Time: 3 Hours PART ~ A (5x6 = 30 Marks) Answer any Five of the following. Ay Define Company 9) Government Company A Who is a Promoter? Define Articles of Association \ Doctrine of Ultras Vires Transmission of Shares ? Director Identification Number (DIN) CSR Max.Marks: 80 OIHDARON PART - Bj2 Answer any 9 Define Company? Explain in detail the 0 Marks) the following. ‘of companies. 10 Explain the contents of Memogafdum of Association. Describe the relationship between Memorandum of Associati YAjticles of Association. 11 Explaift the provisions regarding Annual General Meeting of the Companies Act. 12 What is winding u a \ comp Explain the circumstances of winding up of a company. ne PART - C (2x10 = 20 Marks) Answer any Two of the following. 13 A wholegtim®\director of a company made an invention during the course of his ith the company. He patented the invention in his own name and d the benefits to himself. Can he do so? 14 Articles of Association of a Company reserved the powers for calling the AGM. The M.D of the company, without reference to the Board, call an AGM. Is the Annual General Meeting validly called? If not, what should be done to make it valid. 145 Ramu, who is a member of Alex Ltd, is of unsound mind. Can the shareholder of unsound mind exercise his voting rights of his membership in the said company? Give your advise. 16 ‘X’, who is a member of Vivek Ltd, @ Public Company has very recently become an insolvent. Can the insolvent ‘X’ continue as a member of the company? Code No. 15114/N/ BL FACULTY OF LAW — LL.B. (3 YDC) / LLB (Hon.) (3 YDC) Il -Year IlI-Semester (New) Examination, July / August 2019 Subject: LAW Paper - IV : Company Law Time : 3 Hours Max, Marks : 80 PART ~ A (5x6=30 Marks) Answer any FIVE of the following: Corporate Veil Articles of Association Prospectus Difference between shares and stock \ Statutory meeting Corporate Social Responsibility . Amalgamation of companies é National Company Laws Appellate Tribunal OIROATAON ) PART — B(2x15230 Marks) Answer any TWO of the following questions? 8 Define ‘Company’ and explain the formalities for the incorporation of a company. 10 Explain the Doctrine of ‘Ultrayir ip relation to the company management. 11 What are the powers of directory in the administration of a company? 12 Discuss the differentmodés of winding up of companies. PART ~ C (2x10=20 Marks) ‘Answer any TWO of the following questions: 13 Few friends purchased a property. Later on the promoted a company and sold this property fo,the company at huge profit. Can the company recover this profit from the promoters? ~ we, 14 The secretary of a company issues a certificate in favour of Mr. Balaji by forging the Signature of two directors. He also affixes the seal of the company on the certificate without authority. Will Balaji make the company liable for the shares covered by the share certificate? 15 The Official Liquidator of a public company is liquidator, instituted misfeasance Proceedings against the M.D. of the company. During the pendency of the proceedings, the M.D. passed away. Does the case continue against M.D.? 16 The Articles of a company provided for the reference of disputes between the members and the company to arbitration, Mr. John, a member, brought a suit against the company in the Civil Court for a grievance. Will John succeed? : a) FACULTY OF LAW fo Jee 50 LLB (3 YDC)/ LL.B. (Hons.) (3 YDC) I! -Year Ill-Semester Examination, January / February 2019 Subject: LAW Paper -1V : Company Law Time : 3 Hours Max. Marks : 80 PART - A (5x6=30 Marks) Answer any FIVE of the following: Corporate personality Doctrine Ultravires~ Private company Corporate social Responsibility Definition of Company- Pre-Incorporation contracts- Proxy NCLAT eNonneno PART ~ B (2x15:= 30 Marks) Answer any TWO of the following questions: & , Explain the importance of Memorandum of Association in the company's management. 10 Explain the importance of the meetings in the companies Administration 1} Beplain the procedures to become a member in the company with suitable examples 12 Write the silent features of the Companies Act, 2013. ART ~ C (2x10 = 20 Marks) Answer any TWO of the following. questions: 13 X’ was a transferee ofa share Certificate issued under the seal of the defendant company The certificate was issued by the company's secretary, who affixed the seal of the company and forged the signatures of the three directors, Advise the 'X’ on legal action 14 Mr IP who.was a’minor, registered his name as a share holder. After attaining majority, he received dividend from the company. Subsequently the company went into liquidation > denies hisiiability? Decide 15 A cifcus company borrowed a sum of money on the Security of all its assets including machifiery . What kind of charge is created by the circus company? Examine 16 'A’ had subscribed memorandum of a company for 100 shares. The company was duly paistered but ultimately he took only 10 shares. The company was wound up what is the extent of ‘A's liability. Explain. Code No. 9734/BL FACULTY OF LAW LL.B. (3YDC) / LL.B. (3YDC) (Honours) II-Year Ill-Semester, Examination, August / September 2018 Subject: Law Paper-lV : Company Law Time: 3 Hours Max.Marks: 80 PART — A (5x6=30 Marks) Answer any FIVE of the following: ‘Government company Dis-advantages of Incorporation MIS — Statement in the prospectus Promoters Share Capital Name Clause MY Post-Incorporation Contracts Voluntary winding up ONOHRONS PART - B (2x15 = 30 Marks) ‘Answer any TWO of the following questions: 9 Explain the doctrine of * lifting the Corpor 10. Explain the formalities to be completed the effects of issue of certificate of ingorpotation. 11 Notice and Quarum are the requisites of valid meeting. Explain the statement with suitable examples. = 12 Who can apply for winding up?™ order. ¢ tye sation of company. Discuss Explain the consequences of Courts winding up 10 Marks) # PART -C (2x10 Answer any TWO of the following questions: 13 Acompany has its registered office at Bangalore. Due to some reasons unfavorable to the company, it wishes to shift its registered office to Hyderabad. Advise the Company Management 14 A director, refllsed to retire in accordance with Article's of Association and illegally d'in office. Ratnakar a member of the Company wants to file a suit in his idual) capacity against the director. Advise him. 15 “A’is the holder of all shares, except one of a paper Co. A Insures the company paper in his own name the paper is destroyed by fire . Can ‘A’ recover the loss. 16 Ahad subscribed the M.O. A of Company for 50 shares. The company was duly registered but ultimately he took only 10 shares. The company was wound up. What is the extent of ‘A’S liability. Code No. 9562 FACULTY OF LAW LL.B. (3 YDC)/LL.B. (Hons.) (3 YDC) II -Year III-Semester Examination, March / April 2018 Subject: LAW Paper - IV: Company Law Time : 3 Hours Max. Marks : 80 PART ~ A (5x6=30 Marks) Answer any FIVE of the following: Multinational Company rst Directors of the Company Brospectus 4 Dividends 5 Oppression Class meeting ‘orporate social Responsibility Winding Up PART — B (2x15 = 30 Marks) Answer any TWO of the following questions: _F "Aeompany is a legal entity distinct from its members". In what cases do the courts ignore. This principle. 10 What are the advantages and disadvantages of incorporation of a company? hat are the different kinds of meetings of the shareholders of a company? 12 When may the court order that winding up shall be subject to the supervision of the court? PART - C (2x10 = 20 Marks) Answer any TWO of the following questions: 42 company lends to ‘Y’. company on a mortgage of its assets. The procedure laid down in the Articles for such transactions is.not complied with. The directors of the two companies are the same. Is the mortgage bindifig upon ‘Y’ company. " 14-®company was authorised by its Articles fo purchase its own shares. 'W’ sold his shares to the company and before the price was paid, the company went into liquidation. Is W entit to prove in the liquidation for the price of the shares. The directors of a company bought shares from ‘A’. They disclose to him that negotiations were conducted for the sale of all the company’s shares at higher price than they were to Pay to “A”. A sued to have the sale set side will he succeed. 16 An offer by ‘A’ co. Ltd to purchase the whole of the issued share capital of “B” Co. Ltd has been accepted by the holders of nine tenths of the shares. What further steps can be taken by “A” Co Ltd. to acquire the holdings of the dissenting shareholders?

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