LL.B. (Three Years) Sem 3 Company Law Jan 2018 Question Paper - Mumbai University | munotes

Questions asked in this paper

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1. Q1 Write answer in not more thari 2 to 3 lines A State the Nationality of company Which companies have license to drop their name? C Who is an Outsider for the company? D Which company can publish shelf prospectus? E Who are Promoters of company? F What is an allotment of shares? G What does blank transfer mean? H When shares can be forfeited? Who is authorized person? Define Capital Account Transaction under Foreign Exchange Management act 1999 20 marks
2. Q2 Write short note On (any 4) of shares at premium? Role of an auditor for maintenance of accounts of company E Difference between Private and public company F Certificate of incorporation Solve (any two) 12 A Mr.A,Mr.B Mr C incorpated ABC pvt Company onist January 2016. But the date on certificate of incorporation was January. Mr. A Purchase raw Material for company on December 2015 Mr. B Purchases furniture for company but some of it use it home purpose on January 2016 on the name of company. when the bill was Presented company refuses to Pay the bill, 20 marks
3. Q1 Which is legal date of incorporation of company?
4. Q2 Isthe company liable to pay B
5. Q3 State remedies available to Mr. A for recovery of expenses B It was mentioned in companies prospectus that Company makes a Provision for purchase of foreign machinery which will reduce the Production cost and considerable increase in profit of company is Beliving on Prospectus many Person invests in company. But during year fails to purchase Machinery. A press reporter file suit against directors who Signs the Prospectus
6. Q1 Can press reporter do so? Why?
7. Q2 Inthe above Case are the Directors Personally liable for misrepresentation in Prospectus? why? C APrivate Company has Only two shareholder who are also the directors. The company has made large Profits, but there is a complete deadlock in the management of the company. One of the shareholders applied for the Winding up of a company
8. Q1 Can the Tribunal Order the windings up of company?
9. Q2 State the 8rounds on which the Tribur can order winding up of the company?
10. Q4 Answer any four of the following is winding up of company and how does it takes place? What is indoor Management? C Write various modes of appointment of in company? D Write merits of Company? E State the Doctrine of Ultra Vires? F What is Prospectus? what are the remedies available for misstatement in Prospectus? 48 marks
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12. Q2 ata

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