OU B.Com 2021 Important Question Bank || Osmania University (Important Questions)
Subject Title: Company Law Prepared by: Y.Shivani
Year: lll Semester: VI Updated on: 25.03.
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Unit - I: Incorporation of companies
- Define company as per companies Act, 1956 and 2013 and explain the characteristics of a company ? Write in detail about the classification of companies?
- Distinguish between private and public company?
- What do you mean by legislation on companies? What are the provisions of companies Act, 2013 applicable for various companies?
- What are the objectives and features of Companies Act, 2013? Explain the structure of Indian companies Act. Distinguish between companies Act, 1956 and 2013?
- What do you mean by Incorporation? Discuss the various steps involved in Incorporating a company under companies Act 2013? What are the documents which are to be enclosed for application of registration?
- Write in detail about the promotion or promoter of companies? What are the preliminary steps involved in registration of company?
- What is memorandum of association? Explain its significance and clauses involved in memorandum of association?
- What is articles of association? What are its contents and explain the relationship between articles of association and memorandum of association?
- Discuss briefly about the certificate of incorporation? Explain commencement of business as per Companies Act, 2013?
- Define prospectus as per companies Act, 2013.what are the legal requirements of prospectus? Explain the contents of statement in lieu of prospectus?
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Unit - Il: Management of companies
- Define director. What are the qualifications and disqualifications of directors? Bring out the exact position of a director in the company?
- Discuss briefly the provisions of companies Act with regard to the mode o appointment of directors of a company?
- Explain how directors are removed from their office? What are the duties and liabilities of directors as per Companies Act , 2013?
- Explain in detail provisions of loan to directors?
- Define the term remuneration as per companies Act, 2013? State the rules or provisions of the companies Act, 2013 about the remuneration of directors?
- Who is a managing director? Explain his powers, appointment and disqualifications?
- Define CSR. Explain the list of CSR activities? Explain the role and responsibility of board of directors in context to CSR?
- Define corporate governance. Write about its nature and objectives? Examine the need for corporate governance and its present scenario in India?
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Unit - ll: Company secretary
- Define company secretary. Discuss the appointment of a company secretary?
- What are the duties and liabilities of a company secretary?
- Write in detail about the company secretary in practice. Who can use the designation of secretary?
- What are the areas of company secretary in practice? Discuss issue, cancellation and restoration of certificate of practice?
- Discuss the rights, restrictions, roles and.functions of a company secretary?
- Write in detail about secretarial audit? How a secretarial auditor is appointed? Why secretarial audit is important?
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Unit - IV: Company meetings
- What is a meeting? What are the requisites of a valid meeting?
- Who is a chairman? List out the regulations for the appointment of chairman of meeting. Briefly explain the powers and duties of the chairman?
- What is notice of a meeting? State the general rules as to a valid notice? List out the contents of a notice and explain the various modes of sending a notice?
- Define proxy. How is a proxy appointed? What are the rights and disabilities of proxy? How proxy is revocable?
- What is agenda? Explain the rules regarding agenda in meetings.
- What do you mean by Quorum? State the rules regarding Quorum at general meetings. What happens when a Quorum is not present at general meetings?
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Unit -V:Winding up
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- Define resolutions and motion. Explain the various kinds of resolutions recognized by the companies Act, 2013?
- What do you mean by minutes of the meeting? What are the obligations regarding the maintaining of minutes in a meeting?
- Explain the various kinds of shareholder meetings?
- What is Annual general meeting (AGM)? Explain the provisions relating to AGM and report on AGM?
- What is Extraordinary General Meeting ( EGM)?Who are the persons entitled to call EGM?
- Write about Board meetings?
- Define ‘Winding up ‘. What are the various modes of winding up?
- What is winding up by the tribunal/compulsory winding up? Discuss the ground for compulsory winding up?
- What are the effects of winding up order by tribunal ?
- Who is a company liquidator? Explain the provisions regarding appointment of company liquidator and report of company liquidator? What are the powers and duties of a company liquidator in compulsory winding up?
- What do you mean by voluntary winding up? Explain the conditions to be followed in voluntary winding up?
- Explain briefly the various consequences of winding up of a company?
- State the provisions with ‘respect to the removal of names of companies from the registrar of companies?
- Explain in detail insolvency and bankruptcy code , 2016?
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