Friday, July 12, 2019

B.Com 2nd Year Question Papers (Distance): Company Law' 2018


2018
(July)
COMMERCE
Paper: 205
(Company Law)
Full Marks: 90
Time: 3 hours
The figures in the margin indicate full marks for the questions
1. Write True or False:                                1x5=5
a)         A shareholder is an agent of the company.
b)         The power to issue share at a premium need not be permitted by the Articles of Associations.
c)          A mortgage of land is an example of fixed charge.
d)         A member of a company having no share capital can also appoint a proxy.
e)         A company is a legal person. Therefore it acquires citizenship.
2. Fill in the blanks:                                                             1x5=5
a)         A company incorporated in India but its all members are foreigners, then it will be a _______ company.
b)         _______ companies are not required to have any Memorandum and Articles of Association.
c)          The _______ may appoint an additional director.
d)         Share warrant is a _______ instrument.
e)         The _______ is the proper authority to convene annual general meeting.
3. Write short notes on: (any four)                                     5x4=20
a)         Registered Company.
b)         Memorandum of Association.
c)          Reserve Capital.
d)         Annual General Meeting.
e)         Qualification Share.
f)          Share Certificate.
g)         Floating Charge.
4. (a) Define Company. Discuss its major features.                  2+10=12
Or
(b) Define private company. Explain the procedure for conversion of a private company to a public company.                 3+9=12
5. (a) Explain the provisions of the Companies Act relating to share transfer.      12
Or
(b) What is Share? What are the differences between Equity Share and Preference Share?    4+8=12
6. (a) Distinguish between Fixed charge and Floating charge. When Floating charges are converted to a Fixed charge? 6+6=12
Or
(b) What is Charge? Which charges need compulsory registration?              3+9=12
7. (a) What is Annual Return? Discuss the particulars needed to be furnished in Annual Returns.                                4+8=12
Or
(b) What are the particulars to be recorded in a register of members of a company? Under what circumstances and who can rectify register of members?               7+5=12
8. (a) Discuss the statutory provisions of the Companies Act, relating to the appointment of a Managing Director in a company.                                      12
Or
(b) Discuss the provisions of the Companies Act, regarding the removal of director of a company.         12

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