B.A. LL.B. (Five Years) Sem 6 Company Law 2019 Jan Question Paper - KSLU

Questions asked in this paper

1. Q1 Explain the circumstances in which the Corporate Veil of the company will be lifted by the court.
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2. Q2 Define 'Prospectus'. State the contents of Prospectus.
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3. Q3 State the different kinds of meetings in a company. What is the procedure to call a meeting of the company ?
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4. Q4 Describe the general principles and statutory restrictions for allotment of shares.
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5. Q5 Discuss briefly the conditions of relief for oppression in the company.
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6. Q6 Explain the powers and duties of directors in the company.
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7. Q7 Discuss the members voluntary winding up of a company.
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Write short notes on any two of the following :

1. Q8 (a) Clauses in Memorandum of Association.
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2. Q8 (b) Rule laid down in 'Foss v. Harbottle'.
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3. Q8 (c) Kinds of share capital.
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Solve any two of the following :

1. Q9 (a) A transferred certain land to B on a condition that 'B' would never sell the land to coloured persons. 'B' sold the land to a company composed exclusively of Negros. 'A' took action for the annulment of the transfer on the ground that property had passed to coloured persons. Will he succeed ?
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2. Q9 (b) '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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3. Q9 (c) K was bearer debenture holder of 'S' company. He transferred the same to 'R'. The company refused to pay the amount with interest to him. Whether 'R' can claim it ?
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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.