Company Law Question Paper May' 2017
Dibrugarh University B.Com 4th Semester
Commerce (Gen/Spe)
Course: 402 (Company Law)
Time: 3 hours
The figures in the margin indicate full
marks for the questions
(NEW COURSE)
Full Marks:
80
Pass Marks: 24
a)
A company is a legal person. Therefore it
acquires citizenship.
b)
A Company Secretary cannot participate in the
management of company affairs.
c)
In case of a public company, the minimum number
of directors is five.
d)
The gap between two Annual General Meetings must
not be more than fifteen months.
2. Fill in the blanks with
appropriate word: 1x4=4
a)
The maximum number of members of a private
company is ____.
b)
A Company Secretary is merely an ____ of the
company.
c)
In case of members, voluntary winding-up of a
company, the liquidator is appointed by the ____ of the company.
d)
The ____ is the proper authority to convene
annual general meeting.
3. Write briefly on any four of
the following: 4x4=16
a)
Registered company.
b)
Prospectus of a company.
c)
Quorum.
d)
Managing Director.
e)
One-person company.
f)
Voluntary winding-up.
4. Discuss how and to what extent
Articles of Association of a company can be altered. 14
Or
What is Memorandum of
Association? Discuss the clauses of Memorandum of Association. 2+12=14
5. In what ways may a person
cease to be a member of a company? Explain. 14
Or
Discuss the role of a Company
Secretary: 7+7=14
a)
As a principal or statutory officer;
b)
As a coordinator.
6. What are the objects of
holding the Annual General Meeting? What are the consequences of not holding
such a meeting? 6+8=14
Or
Explain the procedure for
convening the conducting the Board of Directors meeting at a company. 14
7. What is the position of a
Director in a company –? 5+5+4=14
a)
As an agent;
b)
As a trustee;
c)
As a managing partner?
Or
Describe the powers and duties of
a liquidator appointed by the tribunal. 14
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Also Read: Company Law Question Papers (Non-CBCS Pattern)
Also Read: Company Law Question Papers (CBCS Pattern)
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Also Read: Company Law Solved Question Papers (CBCS Pattern)
(OLD COURSE)
Full Marks: 80
Pass Marks: 32
1. Fill in the blanks: 1x4=4
a)
Share warrant is a kind of ____ instrument.
b)
A mortgage of land is an example of ____ charge.
c)
In case of public company, minimum number of
directors is ____.
d)
The gap between two Annual General Meetings must
not be more than ____ months.
2. Write True or False: 1x4=4
a)
It is compulsory for every company to have its
own Articles of Association.
b)
A shareholder is an agent of the company.
c)
A public company having share capital can start
business right from the date of its incorporation.
d)
In the case of a private company, minimum ten
members personally present may be the quorum for a meeting.
3. Write briefly (any four): 4x4=16
a)
Prospectus.
b)
Share Warrant.
c)
Annual Return.
d)
Charge.
e)
Qualification share.
f)
Quorum.
4. Define private company. State
the special privileges which a private company enjoys under the Companies Act. 3+8=11
Or
Define Articles of Association
and discuss its contents. 2+9=11
5. What is share? Write the
differences between transfer and transmission of share. 2+9=11
Or
What conditions are to be
satisfied for forfeiting shares? Discuss. 11
6. What charges must be
registered with Registrar of Company? What is the effect of non-registration of
charges? 6+5=11
Or
Distinguish between fixed charge
and floating charge. When floating charges are converted to fixed charges? 5+6=11
7. When and by whom an
extraordinary general meeting is convened? Discuss. 11
Or
Discuss the requirements of a
valid meeting of a company. 11
8. Mention the statutory
provisions of the Companies Act relating to the appointment of a Managing
Director in a company. Who cannot be appointed as Managing Director of a
company? 8+4=12
Or
Discuss the provisions of
Companies Act regarding the removal of directors of a company. 12