Corporate Law Question Paper (Nov-Dec’ 2018), Gauhati University B.Com Question Papers

Corporate Law Question Paper (Nov-Dec’ 2018)
Gauhati University B.Com 3rd Semester Question Papers  
Full Marks: 80
Time: 3 hours

The figures in the margin indicate full marks for the questions

1. (A) Choose the most appropriate answer from the given options in respect of the following:    1x5=5

(1) The minimum number of person(s) who can form a company under the Companies Amendment Act, 2013 is/are.

(a) 1.

(b) 2.

(c) 3.

(d) 4.

(2) A partnership firm can be a member in

(a) Companies with chartable objectives.

(b) Companies limited by shares.

(c) Companies limited by guarantee.

(d) One man companies.

(3) The minimum number of directors in a public limited company is _______.

(a) 2.

(b) 3.

(c) 4.

(d) 5.

(4) The first Annual General Meeting of a company must be held within _______ months from the end of the first financial year.

(a) 6 months.

(b) 9 months.

(c) 12 months.

(d) 18 months.

(5) How a person can become the member of a company?

(a) By subscribing to the Memorandum of association.

(b) By transfer of shares.

(c) By principle of estoppels.

(d) By all of the above means.

(B) State whether the following statements are true or false:                        1x5=5

(1) A share warrant can be issued only when the shares are fully paid.

(2) The maximum number of members in a private limited company is 50.

(3) The Memorandum of Association and Articles of Association are public documents as per the ‘Doctrine of constructive notice’.

(4) Denial of inspection of books of accounts of a company to shareholder is an example of oppression.

(5) Appointment of at least one woman director is mandatory in listed companies.

2. Answer the following questions in brief:                            2x5=10

(1) Under what circumstances a company can change its name by passing an ordinary resolution?

(2) State any two requisites for a valid company meeting.

(3) What is meant by ‘transmission of shares’?

(4) Examine minors’ position as the member of a company.

(5) What is meant by share qualification of a director?

3. Answer any four questions:                    5x4=20

(1) Differentiate between Memorandum of Association and Articles of Association.  5

(2) Explain the duties of a Company Secretary under the Companies Amendment Act, 2013.         5

(3) Explain the meaning and consequences of irregular allotment.            5

Or

What do you mean by Share? What are the different types of shares?                     5

(4) Discuss the provisions of the Companies Amendment Act, 2013 regarding the issue of debentures. 5

Or

Write short notes on:                     5+5=10

(1) Quorum of company meetings and

(2) Minutes of meeting.

Also Read: Gauhati University B.Com Corporate Law Question Papers (Non-CBCS)

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