Bachelor of Commerce (B.Com.) SY BCom Sem 4 BCom Sem 4 (2016 2017) March 2017 SYB COM BUS. LAW Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q1 A company is an artificial legal person
2. Q2 cannot become a member of a company
3. Q3 Doctrine of indoor management protects the outsider
4. Q4 Private placement offers cannot be made to more than 200 persons in a financial year
5. Q5 Acompany can be limited by shares, guarantee or unlimited
6. Q6 Minimum member of directors required for an OPC is one
7. Q7 DIN is granted by Central Government
   • B) Multiple choice. (Any 7) 7
8. Q1 Competition commission in India is set (State Government, Central Government, Local Authority)
9. Q3 There agencies under the Consumer Protection Act
10. Q4 The State Commission is established by the (State government, Central government)
11. Q5 The pecuniary jurisdiction of National Commission is
12. Q6 Liability of Partners in LLP is
13. Q7 partners are necessary for LLP
14. Q8 Partnership is a result Of
15. Q9 In case of non-banking business the maximum number of partners permissible is IS NOL A requisite of partnership (Sharing of profit, sharing of loss)
    • A) What is the need of memorandum of Association? Explain its various clauses. 12
    • B) ‘X’s Co’s article authorised the directors to borrow on bonds by resolution passed at the general meeting of the company. A bond was issued against the borrowings made by the company without passing the resolution. What will be the liability of the company. 3
16. Q2 Answer in short. (Any 3)
17. Q1 Classification of companies
18. Q2 Features of company
19. Q3 Doctrine of Ultra Vires Act
20. Q4 Articles of Association
21. Q5 Modes of Acquisition of membership in a company
22. Q3 A) What do you mean by patent. What things are patenable and what not. What is the procedure for obtaining a patent
    • B) The catchy phrase, “Don’t underestimate the power of the common” in the film “Chennai Express”. Can the producer claim intellectual property right over it. what category right it falls under
    • C) Write short notes :- (Any 3)
23. Q1 Copyright 2) Board of directors meeting
24. Q5 Legal position of Director, Discuss the characteristic of LLP and procedure for registration of LLP
    • B) ‘7’ friends wanted to register in LLP by "A and A LLP". In details of business it was stated “to encourage street children to attain their potential”. They further stated that profit was not their motive. The registrar of company refused register. Is ROC satisfied in doing so ?
    • C) Write short notes :- (Any 3)
25. Q1 Distinguish between LLP Act and partnership Act
26. Q2 Voluntary winding up of LLP
27. Q3 Features of Partnership
28. Q4 Compulsory dissolution of the firm
29. Q5 Public Notice
    • A) Explain briefly the various provisions of District Forum, State Commission and National
    • B) ‘A’ agreed to supply to ‘B’ LG. air conditioner of 1.5 tonnes capacity. But supplied an assembled air conditioner. ‘B’ wants to reject it and get refund of money paid. Will he succeed and what basis if so?
    • C) Write short notes :- (Any 3)
30. Q1 Competition commission of India 2) Art-Competition Agreement
31. Q3 Rights of Consumer 4) Consumer Protection Council
32. Q5 Remedies available to consumer

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