B.A. LL.B. (Five Years) Sem 6 Company Law 2016 Jun Question Paper - KSLU

Questions asked in this paper

1. Q1 What are the advantages of incorporation of a Company ?
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2. Q2 Who is a Promoter ? What are his duties and liabilities ?
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3. Q3 Define prospectus. State the contents of prospectus.
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4. Q4 Explain the position of directors in a company.
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5. Q5 What are the general principles and statutory restrictions for allotment of shares ?
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6. Q6 State the different kinds of meetings in a company. What is the procedure to call a meeting of the company ?
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7. Q7 State the circumstances under which the tribunal can order for winding up of the company.
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Write short notes on any two :

1. Q8 (a) Pre-Incorporation Contracts.
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2. Q8 (b) Call on Shares.
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3. Q8 (c) Dividend.
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Solve any two of the following problems :

1. Q9 (a) A company inserted an advertisement in a newspaper stating that some shares were still available for sale according to the terms of the porspectus of the company which could be obtained on application. Can it be considered as prospectus ?
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2. Q9 (b) A film company borrowed a sum of money on the security of all its assets including machinery etc. now lying and that may be brought by it until the repayment of loan. What kind of charge is created by the company ?
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3. Q9 (c) 'N' a minor was registered as a shareholder. After attaining majority, he continues to receive dividend from the company. Subsequently company went into liquidation. 'N' denies liability as a shareholder. Decide.
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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.