Download Goa University BA LLB-5 Years 2017 April 5th Semester Company Law Question Paper

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BALBA - 217

B.A. LL.B. (Semester – V) Examination, April 2017

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COMPANY LAW

Duration: 3 Hours Total Marks : 75

Instructions: a) Answer any 8 questions from Q. No. 1-12.

b) Question Nos. 13 and 14 are compulsory. (8x8=64)

1. Company has a corporate personality of its own and is considered in law as separate and distinct entity. Discuss various features of the company with relevant case laws.

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2. How Articles of association is different from Memorandum of Association and what is the binding force of the two documents ?
3. Explain the doctrine of indoor management and exception to the rule.
4. Discuss obligations of promoters in relation to company he is promoting.
5. What is "Prospectus" of a company ? Who may issue prospectus ? What are its contents ?
6. Define debentures and discuss kinds of debentures.

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7. What are the different types of shareholders meeting that can be called under the Companies Act ?
8. What are the kinds of share capital ? Explain whether the share capital of a company can be reduced.
9. What are the provisions of the Companies Act relating to the prevention of oppression and mismanagement ?
10. "Directors are not only agents but also in some sense trustees of the company". Discuss.
11. Explain the characteristics of a Private Company in relation to the Public Company.

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12. Describe the circumstances for winding up of a company on 'Just and equitable grounds'.

13. Answer any two :

1. Illegal association. (3x2=6)
2. Share Warrant.
3. Defunct company.

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14. Answer any two :

1. Floating charge. (2.5×2=5)
2. Dividend.
3. Consequences of ultra vires transactions.

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