LL.B. (Three Years) Sem 3 Company Law Apr 2015 Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q1 Answer is not more than two sentences. ‘ 20 marks
   • (a) What is "Joint Venture" ?
   • (b) Who is authorised person under FEMA 1999 ?
   • (c) What is fixed and floating charge ?
   • (d) Who is alternate director ?
   • (e) Who is contributory ? What is Amalgamation ?
   • (g) Define Debenture ? What is difference between shares & stocks ?
   • (i) What is Capital Account Transaction under FEMA Act 1999 ?
   • (j) do you mean by lien on Shares ?
2. Q2 Write short notes on any four of the following. 20 marks
   • (b) Cumulative and non cumulative shares
   • (d) Holding and Subsidiary company
   • (e) Merits of Public Company
3. Q3 Answer any two of the following questions. 12 marks
   • (a) ‘Patil' transport company created floating charges on the Debentures issued by
   • (i) What remedies are available to the debenture holder, if the company makes default in the the principal or interest ?
   • (ii) Under what circurnstances floating charge becomes fixed charge?
   • (b) “Shree Ganesh" is a Limited Company has given in Newspaper. Stating Shares are still available for sale. according to terms of the the company, which can be obtained on application"
   • (ii) advertisment could be held as prospectus ? Why ?
   • (c) At anAnnual General Meeting of a company, the matter is for the appointment When Board of Directors, can appoint directors under Companies Act? When the retiring directors shall be deemed to have been re-appointed ?
4. Q4 Answer any four of the following questions. 48 marks
   • (a) What is Winding up of company ? What are the grounds under section 433 of Companies Act 1956 by which Tribunal may order winding up of a company ?
   • (b) Explain the povisions relating to buy-back of shares
   • (c) . Explain the circumstances under which the court can lift the corporate
   • (d) Define Private Company ? Distinguish between Public Company and Private a>
   • (e) Discuss the nature of Corporate Personality and state various theories of corporate
   • (f) Define "Member". How membership is acquired and how it is terminated?’
5. Q3 we até cada Wad,

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