LLB 3 Years Sem 3 Company Law Nov 2015 Question Paper - Mumbai University | munotes

Questions asked in this paper

• (2) Figures to the right indicate full marks

1. Q1 Answer in not more than two sentences. 20 marks
   • (a) Who is Proxy?
   • (c) Define Debenture
   • (d) you mean by Joint Venture?
   • (f) Who is Director?"
   • (g) of shares”
   • (h) Give any two instances of Current Account Transaction under FEMA, 1999
   • (i) under FEMA 1999?
   • (j) What is Pre-incorporation contract?
2. Q2 Write short notes on (any four) 20 marks
   • (b) Preference shares
   • (c) Rights of Members
   • (d) Issue of shares at Discount
   • (f) Distinguish between Public compariy and Private company
3. Q3 Solve any two of the following : 2 marks
   • (a) AtanAnnual General Meeting the matter is for an appointment of director. Answer
   • (i) When Boerd of Directors, can appoint Directors under companies
   • (ii) When the retiring directors shall be deemed to have been re-appointed?
   • (b) Patil Transport company created floating on the Debentures issued by the
   • (i), Under what circumstances floating charge becomes fixed charge? What remedies are available to the debenture holder, if the company makes default in the payment of the principal or interest?
   • (c) ABC Ltd posted notices to its members on 15th Dec. 2014, for a meeting to be held on 18 Jan 2015
   • (i) Will the meeting be a valid meeting? Why?
   • (ii) After the expiry of what time, will the notice of a meeting which is despatched under certificate of posting be deemed to be served? 4, Answer any four of the following :- 48
   • (a) Explain the doctrine of Indoor Management along with exceptions, if any
   • (b) is promoter? Discuss his position. State his duties and liabilities
   • (c) Explain the provisions relating to appointment of Auditors
   • (d) What is forteiture of shares? Explain the rules relating to valid forfeiture
   • (e) Define 'Company' and discuss the advantages of incorporation, with reference to case laws
   • (f) Explain the provisions relating to buy-back of shares
   • (3) fa. & fe
   • Q) eer
   • (2) ate 3

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