B.A. LL.B. (Five Years) Sem 6 Company Law 2018 Dec Question Paper - KSLU

Questions asked in this paper

1. Q1 Explain the doctrine of 'Lifting the Corporate Veil'.
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2. Q2 Discuss the fundamental clauses of Memorandum of Association of a company.
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3. Q3 Who is a Promoter ? What are his duties and liabilities ?
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4. Q4 What is Prospectus ? Explain its contents.
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5. Q5 Explain the procedure for appointment and removal of directors.
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6. Q6 Describe the general principles and statutory restrictions for allotment of shares.
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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) Debenture
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2. Q8 (b) Call on shares
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3. Q8 (c) Government company.
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Solve any two of the following problems.

1. Q9 (a) 'A' is the holder of all shares, except one of a paper company. 'A' insures the company paper in his own name. The paper is destroyed by fire. Can 'A' recover the loss ?
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2. Q9 (b) Articles of Association are altered so as to result in breach of contract entered into by a company with its M.D. Is the alteration valid ?
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3. Q9 (c) 'X' applied for shares in a company. A letter of appointment was despatched by the company soon after. But the letter never reaches 'X'. Can 'X' be considered as a shareholder ?
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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.