Corporate Law Important Questions
B.Com 2nd Sem CBCS Pattern
Unit 1: Introduction to Company, Administration,
Promotion and Incorporation
(Download DTS App for Complete Notes. These Questions are subject to modification if necessary)
Q.
Define company. What are its features? 2013
Q. What is one-person company? Explain
various types of companies as per the Companies Act, 2013. 2015, 2019SN
Q. What is corporate veil? When it can be lifted?
Q. Define private company and public company. What are the privileges and exemptions enjoyed by a private company under the Companies Act, 2013? 2013, 2019SN, 2021
Q. Explain
various stages in incorporation of a company. Mention various advantages and
disadvantages of incorporation of a company. 2019SN
Q. Who is promoter? Discuss about the
functions of promoter. 2021
Q. Explain the legal status of promoters of a
company.
Q. Write short notes on:
Ø Pre-incorporation
contract
Ø NCLT
Ø Objectives of Indian Companies Act' 2013
Unit – 2: Memorandum and Articles of Association & Prospectus
Q. What are articles of association (2016, 2018)? What are its contents? How it isaltered? 2017
Q. What is prospectus? What are its contents? What are the legal provisions relating toissue of prospectus (2018)? 2016, 2019
Q. Explain and illustrate doctrine of indoor management. What are the exceptions to thisrule?
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 Doctrine of constructive notice
Ø Memorandum Vs. articles of association. 2016, 2018
Unit – 3: Company Directors (Part A)
Q. Mention various types of directors in a company.
Q. Explain the rights and duties (2013) of directors of a Company.
Q. Write a brief note on Liabilities of Company's Director.
Q. Explain the legal position of a company director. 2014, 2017, 2019
Q. Write short notes on:
Ø Woman director VVVI 2019
Ø Compulsory winding up
Ø Key managerial personnel
Ø DIN
Ø Board of Directors
Ø Qualification share
Ø Number of Directors and Ceiling on Number of Directorship
Unit – 3: Company Meetings (Part B)
Q. What are various types of a company meeting (2018)? Explain the essentials of a valid meeting. (Notice, Quorum, Agenda,Proxy) 2013, 2016, 2019
Q. In what manner and by whom an Annual general meeting be called? State the statutoryrules governing the holding of Annual general meeting. 2013, 2015, 2017, 2019, 2021
Q. What is board meeting? Discuss the legal provisions relating to the board meeting. 2017, 2019SN
Q. What is Extraordinary General Meeting? Who may convene such a meeting? What are the needs for holding such meeting? 2016, 2018
Q. What is resolution? What are its various types?
Unit – 4:
Part A: Books of Accounts, Divisible profits and dividends
Q. What is divisible profit and dividend? What are its various sources? As an auditor, state the legal provisions relating to the payment of final dividend. 2013, 2014SN, 2018SN, 2019
Unit – 4: Company Auditor (Part B)
Q. Who can be appointed and who cannot be appointed as
an auditor of a company? 2019
Q. what are the rights,
liabilities and duties of an auditor under the Companies Act, 2013? Explain
them briefly. 2013,
2015, 2016, 2019
Q. What are various types of audit report? Explain them briefly. Explain the importance of Audit Report. 2015, 2017, 2018, 2019
Q. What is Audit Report? Explain its essential elements. 2015, 2019
Unit – 4 (Part C): Winding up of a Company, Insider trading and Whistle Blowing
Q. What is winding up of a company? Explain various modes of winding up of a company. What are its consequences? 2016, 2018, 2021
Q. Who is an official liquidator? Write a brief note on powers and duties of official liquidator. 2017
Q.What is Insider trading? Explain the legal provisions regarding insider trading. 2021
Q. What is whistle blowing? Explain the ‘vigil’ mechanism established under the Companies Act, 2013. 2021
Unit V: Depositories Law (Notes available in our mobile application)
Q. What is Depository? What are various
parties of a depository system?
Q. What are various features of a
depository system? Explain its functions and benefits.
Q. Explain the rights and obligations of depositories, participants, issuers and
beneficial owners.
Q.
Explain the provisions of Depositories Act 1996 relating to enquiry, inspections and penalty.
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