Assam University B.Com Question Papers
Corporate Law Question Paper 2019
TDC (CBCS) Even Semester
Exam., 2019
COMMERCE (2nd
Semester)
Course No.: BCH – CC – 202T (Corporate
Law)
Full Marks: 70
Pass Marks: 28
Time: 3 hours
The figures in the margin indicate full marks for the questions
Answer five questions,
taking one from each Unit
UNIT – I
1. Define company. State the features of a company. 3+11=14
2. What is meant by ‘lifting of corporate
veil’? State under what circumstances the veil of corporate personality can be
lifted by the courts. 4+10=14
UNIT – II
3. What is Memorandum of Association? How is
Memorandum of Association different from Articles of Association? 4+10=14
4. Define prospectus. Give a brief account of
the contents of a prospectus. 4+10=14
UNIT – III
5. Briefly discuss the provisions of the
Companies Act regarding appointment of directors of a company. 14
6. Who is a Managing Director? Discuss the
restrictions imposed on the appointment and payment of remuneration to managing
director. 4+10=14
UNIT – IV
7. What are the provisions under the
Companies Act, 2013 relating to payment of dividend? How determines the rate of
dividend? 10+4=14
8. Discuss the powers and duties of auditors
under the Companies Act, 2013. 14
UNIT – V
9. Define the Depositories Act, 1996. State
the rights and obligations of depositories. 4+10=14
10. Under what circumstances the Central
Government is bound to appoint inspectors for inspection? 14
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