Master of Law (LL.M.) Group 2 Business Law Corporate Law 2023-24 Question Paper - Mumbai University | munotes

Questions asked in this paper

SECTION I - Answer any four Questions, all questions carry equal marks (any four of seven) 100 Marks

1. 1. State the essentials for formation of company. Explain in detail explain the process for Incorporation of Company. As per Sec 3A of Companies Act 2013, in what cases "Members can be held severally liable".
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2. 2. Define the term "Foreign Company". Does Companies Act, 2013 apply to such companies when they are incorporated outside India? Explain in detail, the legal regulations concerning such companies.
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3. 3. What is a "Financial Statement"? What are the four types of Financial Statements? Explain in brief different kinds of "Debentures" and "Shares" that a company can issue.
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4. 4. Explain the concept of "Investor Education and Protection Fund". Explain in detail the role of SEBI (Securities and Exchange Board of India) in protecting both Creditors and Investors.
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5. 5. What is "Oppression and Mismanagement", in context of Company Law? What remedies are available to the Minority Shareholders of a company against Oppression and Mismanagement?
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6. 6. Explain the Winding Up of the following:
   • a. Defunct Companies
   • b. Sick Undertakings
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7. 7. Write notes on Any Two of the following
   • a. One Person Company
   • b. Prospectus and its types
   • c. National Company Law Tribunal
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