LLB 3 Years Sem 3 Company Law June 2018 Question Paper - Mumbai University | munotes

Questions asked in this paper

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1. Q1 Answer in not more than two sentences
   • a) prospectus’?
   • b) Whois promoter?
   • c) What do you mean by cumulative shares?
   • d) What is fixed and floating charge’? fy) Who is proxy? Point two distinctions between a company and Who is authorized person under FEMA 1999? under Foreign Exchange Management Act (FEMA) 19997
2. Q2 Write short notes on any four of the 20 marks
   • a) Doctrine of constructive notice
   • b) Forfeiture of shares
   • d) Distinguish between Private and Company Answer any two of the following i2
   • a) There is a nota provision in memorandum of Articles of Association of ‘Prabhavati Manufacturing Co." regarding preference shares, Whether it will participating or non
   • i) What is Participating Preference Shares ii} Whether preference shares should be presumed as or non
   • b) Inthe meeting of 'Vithai’ Co. Ltd. proper quorum was present at the beginning. However few members at the mid of the mecting when it proceeds to business, Does the departure of members invalidate the il} What is Quorum? What should be quorum for the meeting of Public and Private Company. if Articles of Association has no provision?
   • Q.P. Code : 37750 Trading company is a Private company and shares of the company are divided two members who have become irreconcilable. As a-result the business no longer be effectively carried on. Both members continuous to quarrel and refuses to meet in matter of business and there is no hope of reconciliation, Court order winding up of such company? Is it mandatory on court to order
   • ii) On what.grounds court can order winding up of companies under Companies Act,
3. Q4 Answer any four of the following 48 marks
4. Q4 Explain the Doctrine of Indoor Management alongwith exceptions, if any Discuss the Doctrine of Vires’ with special reference to Ashbury Railway Carriage and Iron Co. Lid. Vs Riche, Explain the Position of a Director,
   • d) What is winding up a company! What are the grounds U/sec. 271 of Companies Act 2013 by which Tribunal may order winding up of a Company? What is Prospectus? What are the remedies available for mis-statement in the prospectus’
   • f) What is Forfeiture of Shares? Explain the rules relating to valid
   • Q.P. Code : 37750 Trading company is a Private company and shares of the company are divided two members who have become irreconcilable. As a result the business no longer be effectively carried on. Both members continuous to quarrel and refuses to meet in matter of business and there is no hope of
   • i) Can Court order winding up of such company? Is it mandatory on court to order
   • ii) On what grounds court can order winding up of companies under Companies Act,
5. Q4 Answer any four of the following 48 marks
   • a) Explain the of Indoor Management alongwith exceptions, if any
   • b) Discuss the Doctrine of with special reference to Ashbury Railway Carriage and Iron Co, Ltd. Vis
   • c) Explain the Legal Position of a Director
   • d) What is winding up a company? What are the grounds U/sec. 271 of Companies Act 2013 by which Tribunal may order winding up of a Company? What is Prospectus’? the remedies available for mis-statement in the prospectus?
   • f) What is Forfeiture of Shares? Explain the rules relating to valid forfeiture
   • Q.P. Code : 37750 Please check whether you have got the right question paper,
6. Q1 not more than two sentences
   • a) What is Who is promoter? What do you mean by cumulative What is fixed and
   • e) Define debenture? fF) Who is proxy? Point out any two distinctions between a company and a partnership’ Who person under FEMA What is “Export’ under Forcign Exchange Management Act (FEMA) 1999? Write short notes the following:
   • a) Doctrine of consiructive notice, Forfeiture of shares
   • d) Distinguish between Private and Company 3, Answer any two of the following :
   • a) There provision memorandum of Articles of of Manufacturing Co,” regarding preference shares: Whether it will or mon
   • i) What is Participating Preference Shares
   • ii) Whether preference shares should be presumed as participating or non participating?
   • b) Inthe meeting of Co. Ltd. proper was present at the beginning. However few members left at the mid of the mecting when proceeds to business the departure of members invalidate the mecting? il} What is Quorum? What should be quorum for the mecting of Public and Private Company, if Articles of Association has no provision?

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