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

Questions asked in this paper

UNIT - I

1. Q1 (a) 'Company is totally different from its members'. Explain.
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2. Q1 OR Discuss the nature of holding company and subsidiary company.
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3. Q1 (b) A company change its name from Mahti Tea Syndicate Ltd.' to 'Mahti Tea Industrial Ltd.' But the company filed a writ petition in its old name. Is the petition is enforceable ?
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4. Q1 OR Mr. R was the transferee of a share certificate issued under the seal of the 'G' company. The certificate was issued by the company secretary, who had affixed the seal of the company and forged their signature of two directors. Whether the share certificate is valid ?
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UNIT - II

1. Q2 (a) Define Articles of association. Explain the alteration of Articles of association under Companies Act.
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2. Q2 OR 'Director are described as agents, trustee and as managing partner' - Analyse.
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3. Q2 (b) In a Private Company There are only two directors on Board of the ocmpany. one director was refused to support in the decision taking on a subject in the meeting. There was no provision in the articles to increase or decrease the number of directors. Advise the director.
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4. Q2 OR Certain directors held a meeting of the Board. But they prevented some lawfully constituted directors from attending the meeting. A quorum was however present. Whether the Board meeting is valid ?
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UNIT - III

1. Q3 (a) Describe the general principles and statutory restriction for allotment of shares.
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2. Q3 OR Discuss briefly the conditions of relief for oppression in the company.
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3. Q3 (b) K was Bearer debenture holder of S Company . He transfered the same to R. The company refused to pay the amount with interest to him. Whether R can claim it ?
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4. Q3 OR The preferential shareholders were entitled to a preference divided at the rate of 10% per annum and it was specified in the Articles of association of the company. The earned huge profit in the financial year. Preferential shareholders are claimed 15% dividend in the company. The company was refused to pay the 15% of dividend. Is the preferential shareholders are entitled for 15 % of dividend ?
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UNIT - IV

1. Q4 (a) State the Penalties and Adjudication provisions of securities and exchange Board of India under SEBI Act.
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2. Q4 OR Analyse the powers of recognised stock exchange to make the bye-laws under the Securities Contracts (Regulation) Act.
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3. Q4 (b) Write a note on offences by companies Under Securities Contracts (Regulation) Act.
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4. Q4 OR Meeting of SEBI.
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UNIT - V

1. Q5 (a) Explain the composition, procedure and powers of appellate tribunal under the FEMA Act 1999.
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2. Q5 OR State the powers and functions of competition commission of India.
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3. Q5 (b) Write a note on competition advocacy.
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4. Q5 OR Authorised person under FEMA.
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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.