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BALBO - 1916
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B.A. LL.B. (Semester – V) Examination, October 2016
COMPANY LAW
Duration: 3 Hours
Total Marks: 75
Instructions: a) Answer any 8 questions from Q. No. 1-12.
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b) Question Nos. 13 and 14 are compulsory.
- What is corporate veil? When the corporate veil can be shifted ?
- Discuss the legal validity of pre-incorporation contracts.
- Discuss the doctrine of constructive notice.
- Define prospectus and explain contents of prospectus.
- Discuss position, legal status, duties and liabilities of promoters.
- Discuss rights and duties of an auditor. (8x8=64)
- Explain the characteristics of a private company in relation to the public company.
- What are the different modes of becoming the member of the company?
- Define debentures and discuss kinds of debentures.
- Discuss just and equitable grounds for winding up of the company.
- What are the provisions of the Companies Act relating to the prevention of oppression and mismanagement?
- Explain the different types of resolutions that may be passed in meeting of a company.
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13. Answer any two : (3x2=6)
- Consequences of ultra vires transaction.
- Directors as trustees.
- Debenture trust deed.
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14. Answer any two : (2.5x2=5)
- Company limited by shares.
- Official liquidator.
- Indoor management.
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