Dibrugarh University (4th Semester - Both New Course and Old Course) - Company Law Important Questions and Answers

byKumar Nirmal Prasad -
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 Company Law Important Questions and Answers (New Course) 
Unit 1
Q. Whatis memorandum of association? What are its contents? How it is altered?                        VVVI
Q. Whatis prospectus? What are its contents? What are the legal provisions relating to issue of prospectus?   VVI
Q. What are articles of association? What are its contents? How it is altered?   VVVI
Q. Explain various stages in incorporation of a company. Mention various advantages and disadvantages of incorporation of a company.                   VVVI
Q. Define company. What are its features?
Q. Write Short notes on:
Ø  Various categories of prospectus
Ø  Consequences of mis-statement in prospectus
Ø  Legal effect of MOA and AOA (Importance)
Ø  Memorandum Vs articles of association.

Unit 2
Q. Who can be a member of a company? How membership in a company is acquired and terminated? VVVI

Q. Explain the rights and liabilities of members of a company.                  VVVI
Q. Define company secretary. Who can be appointed as company secretary? Explain the rights and duties of a company secretary.                            VVVI
Q. Explain various types of companies as per the Companies Act, 2013.
Q. Define private company and public company. Explain the procedure for conversion of a private company to a public company.
Q. Difference between:
Ø  Public company and Private company
Ø  Members and shareholders
Ø  Legal position of a company secretary

Unit 3
Q. What is annual general meeting? What are its objectives? Outline the business usually transacted at this meeting.
Q. In what manner and by whom an Annual general meeting be called? State the statutory rules governing the holding of Annual general meeting.
Q. What is board meeting? Discuss the legal provisions relating to the board meeting.
Q. When is a Statutory meeting to be held and which types of companies are required to hold statutory meeting? Discuss the legal provisions relating to the statutory meeting.
Q. Write short notes on:
Ø  Annual General Meeting(AGM)
Ø  Statutory Meeting
Ø  Extraordinary General Meeting (EGM)
Ø  Essentials of a valid meeting

Unit 4
Q. What is winding up of a company? Explain various modes of winding up of a company. What are itsconsequences?                                                VVVI
Q. Who is a official liquidator? Write a brief note on powers and duties of official liquidator.             VVVI
Q. What do you mean by Managing Director of A Company? State the provisions of Companies Act relating to appointment and removal of Managing director.
Q. Mention Various types of Company Directors. Who can and cannot be appointed as director of a company?
Q. Explain the rights and duties of directors of a Company.
Q. Explain the legal position of a company director.
Q. Write short notes on:
Ø  Woman director                                                      VVVI
Ø  Compulsory winding up
Ø  Managing Director
Ø  Board of Directors
Ø  Qualification share




 Company Law Important Questions and Answers (Old Course)

Unit 1
Q. What is a company? Explain its features. Discuss about the various types of companies.
Q. What are articles of association? What are its contents? How it is altered?
Q. How a Company is incorporated? Distinguish between Public company and private company.
Q. What is memorandum of association? What are its contents? How it is altered?
Q. What is prospectus? What are its contents?
Q. Write Short notes on:
Ø  Constitutions of Company law board
Ø  Statement in lieu of Prospectus
Ø  Minimum Subscription
Ø  Memorandum Vs articles of association.


Unit 2
Q. Define Share Warrant and Share Certificate and also distinguish between them.
Q. What do you mean by Share of a company? What are various types of shares issued by a company? Explain them briefly.
Q. Explain the rights and liabilities of shareholders of a company.
Q. What do you mean by Transfer and Transmission of shares? Distinguish between them.
Q. What are debentures? What are its features? Distinguish between shares and debentures.
Q. How shares are converted into stock? Distinguish between shares and stock.
Q. Write short notes on:
Ø  Types of share capital
Ø  Issue of share at a premium
Ø  Issue of share at a discount
Ø  Share and Debenture certificate
Ø  Difference between shares and stock

Unit 3
Q. What is charge? Define fixed and floating charge. Explain the procedure of registration of charge.
Q. What are the objectives or purposes of charge? Explain the consequences of non-registration of charge.
Q. Write short notes on:
Ø  Fixed Charges vs. Floating Charges
Ø  Index of register of charges
Ø  Crystallization of charges
Ø  Compulsory registration of charges
Ø  Certificate of registration of charge

Unit 4
Q. What is annual general meeting? What are its objectives? Outline the business usually transacted at this meeting.
Q. When is a Statutory meeting to be held and which types of companies are required to hold statutory meeting? Discuss the legal provisions relating to the statutory meeting.
Q. What is a Register of members? What are its objects? Explain the cases in which alternation can be made in it.
Q. Explain in detail various types of meeting of A Company.
Q. In what manner and by whom an Annual general meeting be called? State the statutory rules governing the holding of Annual general meeting.
Q. Write short notes on:
Ø  Annual General Meeting
Ø  Extraordinary General Meeting
Ø  Essentials of a valid meeting
Ø  Restriction on commencement of business 
Ø  Annual Return of Companies

Unit 5
Q. What do you mean by Managing Director of A Company? State the provisions of Companies Act relating to appointment and remuneration of Managing director.
Q. What is the procedure for removing a director by the company and by the central government? Mention the restriction of number of directorship.
Q. How the managing director of a company appointed? Who can and cannot be appointed as director of a company?
Q. Explain the rights and duties of directors of a Company.
Q. Write short notes on:
Ø  Restrictions on number of directorship
Ø  Managing Director
Ø  Board of Directors
Ø  Removal of Directors
Ø  Vacation of office by Directors
Ø  Casual vacancy of Directors
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Posted by Kumar Nirmal Prasad