B.Com. LL.B. (Five Years) Sem 6 Company Law 2017 Jun Question Paper - KSLU

Questions asked in this paper

1. Q1 What are the disadvantages of incorporation of a company. Explain.
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2. Q2 Define a "Private Company". How does it differ from "Public Company" ? Explain.
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3. Q3 Critically examine the doctrine of Ultravires.
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4. Q4 Define prospectus and mention briefly the important contents of a prospectus.
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5. Q5 Write a detailed note on the powers given by the Companies Act to the Board of Directors and restrictions placed on such powers.
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6. Q6 What are the different kinds of debentures that can be issued under the Companies Act, 2013 ? Explain.
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7. Q7 Describe the powers of the Central Government to provide for the amalgamation of the companies in public interest.
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Write short notes on any two of the following :

1. Q8 (a) Lien on shares.
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2. Q8 (b) Dividend.
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3. Q8 (c) Duties of official liquidator.
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Solve any two of the following problems :

1. Q9 (a) A profitable business was offered to a company. But a Director got a resolution passed that the company was not interested in that business. The same offer was later on obtained by the Directors in their individual names and they earned profit. A shareholder asks the profit received by the directors to be credited to the company. Decide.
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2. Q9 (b) 'X' applied for shares in 'Y' company. His application was sent by post and a letter of allotment was despatched by the company soon after through post. But the letter never reached 'X'. Is he liable as a shareholder ? Decide.
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3. Q9 (c) A company has suspended its business for more than one year due to labour strike. Can a petition for winding up of the company be entertainable ?
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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.