Dibrugarh University B.Com 4th Sem: Company Law Question Papers (May' 2019)

2019 (May)
COMMERCE (General/Speciality)
Course: 402 (Company Law)
Time: 3 hours
The figures in the margin indicate full marks for the questions
Full Marks: 80
Pass Marks: 24
1. Write True or False:                                                                    1x4=4

a)         A shareholder is necessarily the member of a company.
b)         Only a member of the Institute of Company Secretaries of India can becomes Secretary of a company.
c)          One-member meeting is not valid.
d)         In case of a public company, the minimum number of directors is seven.
2. Fill in the blanks:                                                                          1x4=4
a)         Articles of Association of a company contain rules and regulations for the _______ management of a company.
b)         Statutory meeting is required to be held within _______ months from the date on which a company is entitled to commence business.
c)          A private company _______ issue share warrant.
d)         The gap between two annual general meetings must not be more than _______ months.
3. Write briefly on any four of the following:                       4x4=16
a)         Public company.
b)         Board meeting.
c)          Registration of a company.
d)         Extraordinary general meeting.
e)         One-man company.
f)          Woman director.
4. (a) What is prospectus? Discuss the various contents of a prospectus.                             4+10=14
(b) What do you mean by Memorandum of Association? Discuss the various clauses of Memorandum of Association. 4+10=14
5. (a) Explain the various duties and responsibilities of a Company Secretary.            7+7=14
(b) Who can be a member of a company? How can the membership of a company be terminated? Discuss.         4+10=14
6. (a) What are the objectives of holding annual general meeting? Discuss the legal provisions relating to the annual general meeting.                              4+10=14
(b) Discuss the various essentials and legal rules for a valid meeting.                 14
7. (a) Explain in detail the various positions of a director in a company.             14
(b) Who is Managing Director? How is he appointed? What are the disqualifications of a Managing Director?    3+6+5-14
Full Marks: 80
Pass Marks: 32
1. Write True or False:                                                                                    1x4=4
a)         Memorandum of Association contains the rules and regulations for management of internal affairs of a company.
b)         Private company cannot issue share warrant.
c)          Only Board of Director can convene an extraordinary general meeting.
d)         The terms ‘floating security’ and ‘floating charges’ are synonymous.
2. Fill in the blanks with the correct answer:                                         1x4=4
a)         Articles of a company can be altered by the members by passing a / an _______ only. (special resolution / ordinary resolution / agreement)
b)         A share warrant can be issued only when the shares are _______. (forfeited / partly paid-up / fully paid-up)
c)          The gap between two annual general meetings must not be more than _______ months.  (15 / 18 / 24)
d)         Only a _______ can be appointed as a Managing Director of a company.  (Director / Company Secretary / Member)
3. Write short notes on (any four):                                                           4x4=16
a)         Prospectus.
b)         Share warrant.
c)          Floating charge.
d)         Managing Director.
e)         Quorum.
f)          Register of member.
4. (a) What is Memorandum of Association? Distinguish between Articles of Association and Memorandum of Association.                 3+9=12
(b) Distinguish between a private company and a public company.                               12
5. (a) What are the various kinds of preference shares a company can issue? What are the differences between equity share and preference share?                                     4+7=11
(b) What do you mean by transfer of shares? What are the differences between transfer and transmission of shares? 3+8=11
6. (a) What is charge? Which charges need compulsory registration?                       2+9=11
(b) In what way does a fixed charge differ from the floating charge? Can a floating charge become fixed charge? If so under what circumstances?      6+5=11
7. (a) Who can convene an extraordinary general meeting under what circumstances? What are the businesses to be transacted in this meeting?                                         6+5=11
(b) What is annual return? What are the particulars included in annual returns?                  3+8=11
8. (a) Discuss the provisions of law relating to the appointment of director.                                 11
(b) Who is Managing Director? What are the differences between a Manager and a Managing Director?                3+8=11

0/Post a Comment/Comments

Kindly give your valuable feedback to improve this website.