Download Goa University BA LLB-5 Years 2014 Oct 7th Semester Company Law Question Paper

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LL.B. (Hons.) (Semester – VII) Examination, October 2014

COMPANY LAW

Duration : 3 Hours Total Marks : 75

Instructions: i) Answer any four questions from Q. No. 1 – 6.

ii) Answer any four questions from Q. No. 8 – 13.

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iii) Question No. 7 and 14 are compulsory.

SECTION – I

1. Discuss the duties of directors in a company.
2. Explain the concept of independent corporate entity and its advantages and disadvantages.
3. Comment on the doctrine of indoor management and its exceptions.

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4. Who is a promoter ? What are his duties and liabilities ?
5. Define private company and discuss the advantages of a private company over a public company. Explain the conversion of private company into public company and vice versa.
6. What are the requisites for a valid call on shares ? Explain forfeiture as a consequence of failure to make payment on call on shares.
7. Write note on any two:
   1. Dividend
   2. Defunct Company

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   3. Objects Clause.

SECTION – II

8. Explain the features of preference share capital and discuss how it is different from equity shares.
9. Discuss Annual General Meeting and Extraordinary General Meeting and its requisites.

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10. Foss v. Harbottle has been the rule relating to Majority Powers versus Minority Rights in a Company. Analyse the relevance of the Rule and its exceptions.
11. Define prospectus. What are the remedies for misrepresentation in the prospectus?
12. Explain the procedure for transfer of shares and discuss on the remedies against refusal by company to register the shares.
13. Discuss the circumstances in which the Tribunal may order winding up of a company.
14. Write notes on any two:
    1. Certificate of incorporation

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    2. Foreign company
    3. Debentures.

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