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

Questions asked in this paper

1. Q1 Define 'company' and explain its kinds.
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2. Q2 Explain the circumstances in which the corporate veil of the company will be lifted by the court.
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3. Q3 Discuss the fundamental clauses of memorandum of Association of a company.
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4. Q4 What is prospectus ? What are the remedies available for mis-representation in a prospectus ?
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5. Q5 State the powers and duties of directors in the company.
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6. Q6 What steps can be taken to prevent oppression of minority ? Explain.
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7. Q7 Discuss the mode of winding up of a company by the Tribunal.
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8. Q8 Who is a promoter ? Explain the effects of the pre-incorporation contracts.
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9. Q9 Discuss the different types of share capital.
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Write short notes on any two of the following :

1. Q10 (a) Advantages of incorporation of a company.
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2. Q10 (b) Debenture
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3. Q10 (c) Dividend.
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Solve any two of the following problems :

1. Q11 (a) 'R' incorporated a company of which he was the managing director. In that capacity he appointed himself as a Pilot of the company. While on the duty he died in a plane crash. His widow claims the compensation against the company. Will she succeed ?
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2. Q11 (b) One of the objects of the company 'R' was to manufacture mechanical spares and to market them. Now the company intended to manufacture Gold ornaments and to sell them. Advice 'R' company.
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3. Q11 (c) 'W' a minor was registered as a share-holder of a company. After attaining majority, he continues to receive dividends. Subsequently company went into liquidation. Does 'W' had any liability towards company ?
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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.