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LLB 3 years Sem 3 Company Law Jun 2023 - 60/40 Question Paper with Solutions

Mumbai University Solved Question Papers

Company Law

Previous Year Question Paper with Solution

LLB 3 years · Sem 3

Jun 2023 - 60/40 Examination

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Mumbai

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First published on munotes.in on 27 August 2026.

This edition revised 18 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 Jun 2023 - 60/40 examination.

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The Paper as Set

The questions in this volume are the questions asked at the Jun 2023 - 60/40 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 2 hours  ·  Total marks 60  ·  22 questions answered

Instructions printed on the paper

  • N.B: 1. All the 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.

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1.

Answer the following in not more than two sentences

Any Six · 12 Marks

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(1)What are Pre Incorporation contracts of Company?[2]

Answer

A pre-incorporation contract, also called a preliminary contract, is a contract purported to be made on behalf of a company before the company is incorporated, usually by its promoters.

Because the company does not exist at that date, it has no contractual capacity, it cannot ratify the contract afterwards, and it can neither sue nor be sued on it. The promoter who signed as agent is personally liable, Kelner v. Baxter (1866).

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The rest of the answers

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