Mumbai University Solved Question Papers
Company Law
Previous Year Question Paper with Solution
LLB 3 years · Sem 3
May 2016 Examination
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LLB 3 years Sem 3 Company Law May 2016 Question Paper with Solutions
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First published on munotes.in on 29 September 2026.
Published by munotes.in, Mumbai.
Model answers written and edited by the munotes.in editorial desk.
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The University does not publish an official answer key for this paper. The answers in this volume are model answers, written to show how a full-mark answer is built. They are a study aid, not an authority on what an examiner marked.
The question paper reproduced here is the paper as set by the University of Mumbai at the May 2016 examination.
Contents
The questions below are the paper as the University of Mumbai set it at the May 2016 examination, in the order it was set.
MarksPage
MarksPage
The Paper as Set
The questions in this volume are the questions asked at the May 2016 examination, reproduced as the University of Mumbai set them, in the order it set them. Nothing has been reworded, added or left out. Only the answers are ours. See the original question paper.
Duration 3 hours · Total marks 100 · 25 questions answered
Instructions printed on the paper
- N.B: (1) All questions are compulsory. (2) Figures to the right indicate full marks.
How to use this volume
Solve the paper first, under exam conditions and against the clock. Then read the answers here and mark your own. Reading a solution before attempting the question feels productive and teaches very little, because recognising an answer is not the same as being able to write one.
1.
Q.1 Answer in not more than two sentences 20 Marks
(a)What is share warrant?[2]
Answer
A share warrant was a BEARER document issued under the common seal of a company, stating that the BEARER of it was entitled to the shares specified in it, and which therefore passed from hand to hand by MERE DELIVERY, without any instrument of transfer and without registration.
No company can issue one today. The Companies Act, 2013 contains no provision authorising share warrants, and the power in section 114 of the Companies Act, 1956 was not re-enacted.
The rest of the answers
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