Mumbai University Solved Question Papers
Company Law
Previous Year Question Paper with Solution
LLB 3 years · Sem 3
Dec 2025 - 75/25 Examination
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LLB 3 years Sem 3 Company Law Dec 2025 - 75/25 Question Paper with Solutions
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First published on munotes.in on 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 Dec 2025 - 75/25 examination.
Contents
The questions below are the paper as the University of Mumbai set it at the Dec 2025 - 75/25 examination, in the order it was set.
MarksPage
MarksPage
The Paper as Set
The questions in this volume are the questions asked at the Dec 2025 - 75/25 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 2½ hours · Total marks 75 · 23 questions answered
Instructions printed on the paper
- N.B: 1. 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.
Q.1.
Answer the following questions in one or two sentences
any six · 12 Marks
(a)What is a prospectus?[2]
Answer
A prospectus is defined by section 2(70) of the Companies Act, 2013 as any document described or issued as a prospectus, and it includes a red herring prospectus under section 32, a shelf prospectus under section 31, and any notice, circular, advertisement or other document inviting offers from the public for the subscription or purchase of any securities of a body corporate.
Its essence is the invitation to the public: a document is a prospectus because of what it does, not because of what it is called.
The rest of the answers
The first answer is free. The rest are part of LL.B. 3 Years Semester 3.
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