B.A. LL.B. (Five Years) Sem 6 Company Law 2022 Oct (100 marks) Question Paper - KSLU

Questions asked in this paper

1. Q1 When can Court order be passed for lifting the Corporate Veil ?
   Read the model answer
2. Q2 Define Prospectus. What are the remedies available for fraudulent statements published in the prospectus ?
   Read the model answer
3. Q3 Explain the position of Directors in a company.
   Read the model answer
4. Q4 Explain the procedure relating to general meeting of a company.
   Read the model answer
5. Q5 Discuss the rules relating to declaration and payment of dividend.
   Read the model answer
6. Q6 When can company wind up voluntarily ?
   Read the model answer
7. Q7 Explain the different types of company.
   Read the model answer

Write short notes on any two of the following :

1. Q8 (a) Debentures
   Read the model answer
2. Q8 (b) Object clause
   Read the model answer
3. Q8 (c) Certificate of incorporation.
   Read the model answer

Solve any two of the following problems.

1. Q9 (a) 'M' was a wealthy man having dividend and income. He formed four private companies and all his income was credited in the accounts of four companies and he got back his amount as a pretended loan for the purpose of tax evasion. Will the Court ordered lifting the corporate veil of those four companies ?
   Read the model answer
2. Q9 (b) A, B and C are the members of a company and holding all the shares of that company. They transfered their shares to X, Y and Z. Does the company continue to have the same entity ?
   Read the model answer
3. Q9 (c) 'S' had subscribed the memorandum of a company for 200 shares. The company was duly registered but he ultimately took only 20 shares. At the time of winding up company he was asked to pay for all the 200 shares. Is 'S' liable to pay ?
   Read the model answer

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.