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

Questions asked in this paper

1. Q1 (a) Who is promoter ? What are the duties and liabilities of a promoter ?
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2. Q1 (b) Write a note on independent corporate existence.
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1. Q2 (a) When can court order for lifting the corporate veil ?
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2. Q2 (b) A, B and C are the members of a company and holding all shares of that company. Then transferred their shares to 'X', 'Y' and 'Z'. Whether the company having the same entity ?
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1. Q3 (a) Explain the doctrine of indoor management with exceptions.
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2. Q3 (b) 'A' on the instructions of certain gentlemen, prepared the necessary documents and obtained the registration of a company. He paid the registration fee and incurred the incidental expenses of registration. Afterwards the company refused to pay the expenses to 'A'. 'A' wants to file a suit. Advise him.
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1. Q4 (a) Define Prospectus. Explain the contents of prospectus.
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2. Q4 (b) Write a note on name clause of the Memorandum of Association.
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1. Q5 (a) Who is a company director ? What are the powers and duties of a director ?
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2. Q5 (b) Central Government's power to prevent mismanagement.
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1. Q6 (a) State the different kinds of meetings held in a company.
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2. Q6 (b) 'M' a person is already holds office of a director in 15 companies. He wants to become a director of another company. Advise 'M'.
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1. Q7 (a) Explain the statutory restrictions on allotment of shares.
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2. Q7 (b) A company has been declared dividend and is not paid within thirty days from the date of declaration. Shareholders wants to file a suit. Advise them.
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1. Q8 (a) What is debenture ? Explain its kinds.
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2. Q8 (b) Write a note on Buy-back of shares.
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1. Q9 (a) Under what circumstances the tribunal/court can order for compulsory winding up of a company ?
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2. Q9 (b) Write a note on preferential payment.
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1. Q10 (a) Explain the duties and powers of Tribunal with respect to amalgamation.
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2. Q10 (b) Write a note on member's voluntary winding up.
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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.