B.A. LL.B. (Five Years) Sem 6 Company Law 2021 Mar (100 marks) Question Paper - KSLU

Questions asked in this paper

1. Q1 Define Company. Explain briefly the advantages of incorporation of a company.
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2. Q2 Who is a Promoter ? What are his powers and liabilities ?
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3. Q3 What is Memorandum of Association ? State the procedure for alteration of Memorandum of Association.
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4. Q4 Define Prospectus. Explain the contents of it.
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5. Q5 Who is a Director ? Explain the duties of directors in the company.
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6. Q6 Describe the general principles and statutory restrictions for allotment of shares.
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7. Q7 Explain briefly the various methods of winding up of a company.
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Write short notes on any two of the following :

1. Q8 (a) One person company
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2. Q8 (b) Corporate Social Responsibility
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3. Q8 (c) Dividends.
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Solve any two of the following problems :

1. Q9 (a) During the war all the members of a company while in general meeting were killed by a bomb. Does the company cease to exist ? Decide.
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2. Q9 (b) '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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3. Q9 (c) 'N' a minor was registered as a shareholder of a company. After attaining majority, he continues to receive dividend from the company. Subsequently company went into liquidation. Does 'N' have any liability ?
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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.