LLB 3 Years Sem 3 Company Law May 2019 Question Paper - Mumbai University | munotes

Questions asked in this paper

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1. Q1 Answer in one or two sentence. 20 marks
   • a) What is “Foreign Security”?
   • b) What is “Director Identification Number’’?
   • c) What is Repatriation of Foreign exchange?
   • d) What is “Cumulative
   • e) What is “Floating charge”?
   • f) What is “Deemed Prospectus”?
   • g) What is
   • h) Who is a Nominee Director?
   • i) What is “Subsidiary Company”?
   • j) What is “Investor Education and Protection Fund”?
2. Q2 Write short notes on any four. 20 marks
   • a) Advantages of forming Company
   • b) Kinds of Share capital
   • d) Buy Back of shares
   • e) Appointment of Directors
   • f) Theory of Corporate Personality Answer any two. (12)
   • a) A meeting of Board of Directors could not be held for want of Quorum
   • i) What shall be the subsequent procedure?
   • ii) What shall be the Quorum for Meeting of Board?
   • b) A company to make its public issue a success makes an agreement with financial institution to subscribe shares to the extent not taken by the public
   • i) What is public issue?
   • ii) What is this agreement between company and financial institution known as?
   • c) By passing an ordinary resolution a company removes one of its directors before the expiry of term from his office
3. Q1 Is such a removal valid? What are the pre requisites for such resolution? Can a director appointed by Tribunal be removed so?
4. Q4 any four in detail. 48 marks
   • a) “A proper balance of the rights of majority and minority shareholders is essential for the smooth functioning of the company” Discuss
   • b) What is the procedure for transfer of shares and explain the remedies available if a company refuses to register transfer of shares?
   • c) State the golden rule of framing prospectus. What are the remedies available for misrepresentation in Prospectus?
   • d) Explain the legal position and duties of Director? Explain in detail the provision in the companies Act relating to Prevention of oppression and mismanagement?
   • f) Who is a official liquidator and what are his power and duties? Please check whether you have got the right question paper HS (Investar Education And Fund)
   • i) ara AW. AT ST
   • i) TAT
   • ii) HT (Oppression and Mismanagement)

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