B.A. LL.B. (Five Years) Sem 6 Company Law 2013 Dec Question Paper - KSLU

Questions asked in this paper

UNIT - I

1. Q1 (a) Explain the fundamental clauses of Memorandum of Association of a company.
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2. Q1 OR Who is promoter ? What are his powers and liabilities ?
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3. Q1 (b) Write a note on certificate of incorporation.
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4. Q1 OR 'A' holds almost all shares except one in Timber Company and he was substantial creditor also. 'A' insured the company's timber in his own name. Timber having been destroyed by fire, he claims compensation from the insurance company. Will he succeed ?
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UNIT - II

1. Q2 (a) Notice and Quorum are the essentials of company's valid meeting. Discuss.
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2. Q2 OR Damages for deceit is one of the remedy for misrepresentation in the prospectus. Elucidate.
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3. Q2 (b) The plaintiff was a transferee of a share certificate issued under the seal of the defendant company. The certificate was issued by the company's secretary, who afixed the seal of the company and forged the signatures of the two directors. Advise the Plaintiff.
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4. Q2 OR Write a brief note on powers of directors.
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UNIT - III

1. Q3 (a) What is voluntary winding up ? Discuss members voluntary winding up of a company.
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2. Q3 OR Discuss the different kinds of share capital of a company.
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3. Q3 (b) 'X' a minor was registered as a share holder. After attaining majority he received dividend from the company. Subsequently the company went into liquidation. 'X' denies his liability. Decide.
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4. Q3 OR Write a note on prevention of mismanagement.
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UNIT - IV

1. Q4 (a) Explain the procedures, powers and functions of the Securities Appellate Tribunal under the SEBI Act, 1992.
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2. Q4 OR Write an explanatory note on registration of stock brokers, sub-brokers and share transfer agents.
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3. Q4 (b) Write a note on definition of securities.
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4. Q4 OR Make a note on powers of SEBI under Securities Contracts (Regulation) Act, 1956.
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UNIT - V

1. Q5 (a) Explain the establishment, power and functions of special Director (appeal) and Appellate Tribunal under the FEMA Act, 1999.
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2. Q5 OR Define "Consumer" and "Service" under the Competition Act, 2002.
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3. Q5 (b) Write short notes on : Goods (Competition Act)
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4. Q5 OR Adjudicating authority (FEMA Act)
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Typed from the KSLU paper above. The paper is the original. Long reading passages are shortened here to their first and last lines and a summary.