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Tuesday, April 24, 2018

DIBRUGARH UNIVERSITY - B.COM 4TH SEMESTER: COMPANY LAWS IMPORTANT QUESTIONS AND MULTIPLE CHOICE QUESTIONS AND ANSWERS


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COMPANY LAW IMPORTANT QUESTIONS FOR UPCOMING EXAM (MAY, 2019)

Unit – 1: Incorporation of a Company
Q. Explain various stages in incorporation of a company. Mention various advantages and disadvantages of incorporation of a company.     
Q. Define company. What are its features?                         2013
Q. What is memorandum of association? What are its Clauses (2013, 2015, 2017)? How it is altered (2018)?       
Q. What are articles of association (2016, 2018)? What are its contents? How it is altered?          2017
Q. What is prospectus? What are its contents? What are the legal provisions relating to issue of prospectus (2018)?                 2016
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.                      2016, 2018
Unit – 2:
(Part A)Types of Companies and Membership in Company
Q. What is one person company? Explain various types of companies as per the Companies Act, 2013. 2015
Q. Define private company and public company. Explain the procedure for conversion of a private company to a public company.
Q. Who can be a member of a company (2018)? How membership in a company is acquired (2016) and terminated (2017)?
Q. Explain the rights and liabilities of members of a company.                 
Part B (Company Secretary)
Q. Define company secretary. Who can be appointed as company secretary? Explain the rights and duties of a company secretary.                            2016, 2018
Q. Is there is any Restriction on powers of a company secretary (2018)? List out the role of a company secretary as a coordinator (2018) and as a principal officer (2017)
Q. Short Notes:
Ø  Public company and Private company
Ø  Members and shareholders                               2018
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Unit – 3: Company Meetings
Q. What are various types of a company meeting (2018)? Explain the essentials of a valid meeting.       2013, 2016
Q. What is annual general meeting? What are its objectives (2018)? 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.                        2013, 2015, 2017
Q. What is board meeting? Discuss the legal provisions relating to the board meeting. 2017
Q. What is Extraordinary General Meeting? Who may convene such a meeting? What are the needs for holding such meeting?                            2016, 2018
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. (omitted from Companies Act, 2013)
Unit – 4: Directors (Part A) and Winding Up of a Company (Part B)
Part A: Directors – Rights, Duties, Appointment and removal
Q. What do you mean by Managing Director of A Company? State the provisions of Companies Act relating to appointment (2013, 2015, 2016) and removal (2014) of Managing director.         
Q. Mention various types of directors in a company. Who can and cannot be appointed as director of a company?                2018
Q. Explain the rights and duties (2013) of directors of a Company.                          
Q. Explain the legal position of a company director.                       2014, 2017
Q. Write short notes on:
Ø  Woman director                                                      VVVI
Ø  Compulsory winding up
Ø  Managing Director
Ø  Board of Directors
Ø  Qualification share
Unit 4 (Part B): Winding up of a Company
Q. What is winding up of a company? Explain various modes of winding up of a company. What are its consequences?                                                2016, 2018
Q. Who is a official liquidator? Write a brief note on powers and duties of official liquidator.   2017


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