Company Law
Company Law
Company Law
Seat
No. Set P
LL.B. (Semester - V) (New) (CBCS) Examination: March/April-2024
Company Law (19602505)
12
Page 1 of 3
SLR-EC-28
7) A prospectus to be issued within 90 days of _____.
a) Association
b) Registration
c) Establishment
d) None of these
8) When did the Companies Act 2013 came into force?
a) 8 Aug 2013 b) 29 Aug 2013
c) 30 Aug 2013 d) 20 Aug 2013
9) Section _____ defines “prospectus”
a) 2(20) b) 2(70)
c) 2(49) d) 2(10)
10) CIN stands for
a) Corporate Identity Name
b) Corporate Identity Number
c) Chairman Identity Name
d) Chairman Identity Number
11) In case of compulsory winding up the official liquidator is appointed by ____.
a) The Tribunal or Central Government
b) Member in G.M
c) The ROC
d) The High Court
12) The first directors of public company are appointed by the _____.
a) Public b) Shareholders
c) Promoters d) Government
13) The companies can secured debentures for a maturity period of _____ years.
a) 5 years b) 10 years
c) 15 years d) 3 years
14) Which statements are correct, answer using code given below.
i) Directors are trustees of co.
ii) Directors are mentors of co.
iii) Directors are agents of co.
iv) Directors are agents of shareholder.
Codes.
a) i & ii are correct b) ii & iii are correct
c) I & iv are correct d) I, ii, iii iv are correct
15) Which companies are exempted to add word “Ltd” or “Pvt Ltd” at the end of
their name.
a) Private b) Public
c) Defunct d) Association not for profit
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SLR-EC-28
Q.3 Answer any three of the following questions. 15
a) Doctrine of ultra-vires & Doctrine of Indoor Management.
b) Explain Articles of Association.
c) Write note on Amalgamation of co.
d) Define meeting write kinds and procedure of valid meeting.
e) Explain Appointment of Directors.
f) Explain memorandum of Associations.
Page 3 of 3
SLR-EA-49
Seat
No. Set P
B.A.LL.B. (Semester - IX) (New) (CBCS) Examination: March/April-2024
COMPANY LAW (19605905)
Day & Date: Friday, 26-04-2024 Max. Marks: 80
Time: 02:00 PM To 05:00 PM
Instructions: 1) All questions are compulsory.
2) Figures to the right indicate full marks.
Q.1 Multiple choice questions. 15
1) Section 397 & 398 of the Act lays down the provisions for prevention of
oppression & ______.
a) Amalgamation b) Reconstruction
c) Investigation d) Mismanagement
2) The lender has _____ remedies against ultra virus borrowing by the
company.
a) Injunction b) Subrogation
c) Restitution order d) All the above
3) Every meeting must have a _____ before it starts it’s proceeding.
a) Secretary b) Chairman
c) Managing Director d) Board of Directors
4) Doctrine & Indoor management for first time enunciated in case.
a) Foss N. Harbottle b) Royal British Bank V Traquand
c) Reyland V. Fletcher d) None of these
5) Sec _____ of the Companies Act. 2013 defines memorandum of Association.
a) Sec.2(56) b) Sec 2(5)
c) Sec.11 d) None of these
6) _____ shares are sometimes also called as founders shares.
a) Preference shares b) Deferred shares
c) Equity shares d) None of these
7) The word ‘debentures’ is derived from the _____ term debere.
a) Latin b) English
c) French d) None of these
8) _____ take place when two or more companies are joined to from a third
entity or one is absorbed or blended with another.
a) Amalgamation b) Winding up
c) None of these d) All of these
9) What are the limits of members in a private company?
a) Fifty b) Seven
c) Twenty d) Two hundred
10) A public company must have at least _____ directors whereas a private
have at least _____ directors.
a) 3:2 b) 2:3
c) 2:5 d) 8:10
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SLR-EA-49
11) Which of the following statement is false?
a) No legal formality is required to form a company.
b) The shareholders of a co. have limited liability.
c) A co. can own property in it’s own name.
d) A co. is managed by the elected representatives of shareholders.
12) “One who undertakes to form a company with reference to a given object and
set it going & who takes the necessary steps to accomplish that purpose.
a) Promoter b) Director
c) C.E.O d) Board of Directors
13) Which of the following company / companies are registered by the
Companies Act, 2013?
a) Govt co. b) Private co.
c) Public co. d) All above
14) Minimum paid up share capital in case of a private company is _____.
a) 1 lakh b) 10 lakh
c) 25 lakh d) 100 lakh
15) Which of the following does not form the part of the important information
to be incorporated in the memorandum of Association as specified in the
Companies Act, 2013?
a) The name of co. & the state in which it is situated.
b) The objects for which the company is proposed to be incorporated.
c) The rules regulations and bye laws for the internal management of
the company.
d) The liability of the members of the company whether limited or unlimited.
Q.5 Explain various kinds of meeting & write a note on procedure to conduct a valid 15
meeting.
Page 2 of 2
SLR-EA-54
Seat
No. Set P
B.A. LL.B. (Semester -IX) (Old) (CBCS) Examination: March/April-2024
Company Law (6051905)
Day & Date: Friday, 26-04-2024 Max. Marks: 70
Time: 02:00 PM To 05:00 PM
Instructions: 1) All questions are compulsory.
2) Figures to the right indicate full marks.
Page 1 of 2
SLR-EA-54
10) The word _____ literally means the authority to act for another.
a) Proxy b) Resolution
c) Voting d) All the above
11) An _____ resolution is one which is passed by a simple majority of
members.
a) Ordinary b) extra-ordinary
c) Special d) General
12) _____ means the merger of all the companies in one running company.
a) External reconstruction b) Amalgamation
c) Internal reconstruction d) None of the above.
13) Who may file petition for winding up?
a) The company b) Any contributory or contributories
c) The register d) All the above
14) Section 2(68) of the companies act,2013 defines a ‘private company’ as a
company which has a minimum paid up capital of _____ or such higher paid
up capital as may be prescribed.
a) One lakh rupees b) Three lakh rupees
c) Five lakh rupees d) Fifty thousand rupees.
Q.4 a) State the legal position of promoter, discuss the rights and liabilities of 14
promoter.
OR
b) Explain the fundamental clauses of Memorandum of Association of a
company.
Q.5 What is meant by allotment of shares? Explain general principles and statutory 14
Restriction on allotment.
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SLR-BB-28
Seat
No. Set P
LL.B. (Semester - V) (New) (CBCS) Examination: Oct/Nov-2023
Company Law (19602505)
Day & Date: Thursday, 27-12-2023 Max. Marks: 80
Time: 02:00 PM To 05:00 PM
Instructions: 1) All questions are compulsory.
2) Figures to the right indicate full marks.
Page 1 of 2
SLR-BB-28
10) The word ‘Debenture’ is derived from the______ word debere.
a) English b) Roman
c) Latin d) None of these
11) Which one of the following can file the petition for winding up?
a) The Company b) Contributories
c) The Registrar of Companies d) All of above
12) Company must have its registered office within _____ days of its incorporation
or on the day when it commences business
a) 10 b) 20
c) 30 d) 40
13) The date of the opening of the subscription list means the beginning of the
day from the day of the issue of prospectus.
a) 5th b) 3rd
c) 10 th d) 20
14) A whole time key managerial personnel can hold office in _____ company.
a) Only one company b) Its subsidiary
c) Both a & b d) None of these
15) How many members should sign the Memorandum of Association in case
of public company_____.
a) 1 b) 3
c) 5 d) 7
Page 2 of 2
SLR-OC-28
Seat
No. Set P
LL.B. (Semester - V) (New) (CBCS) Examination: March/April-2023
Company Law (19602505)
Day & Date: Thursday, 06-07-2023 Max. Marks: 80
Time: 03:00 PM To 06:00 PM
Instructions: 1) All questions are compulsory.
2) Figures to the right indicate full marks.
Page 1 of 3
SLR-OC-28
9) A is one who performs the preliminary duties necessary to bring a company
into being and float it?
a) Auditor b) Director
c) Financer d) Promoter
10) Section 123 of the Companies Act 2013 deals with _____?
a) Unpaid Dividend Account
b) Declaration of dividend
c) Remuneration of auditors
d) Auditors to attend general meeting
11) “Members may come and men may go but the company exist” – this
explains which characteristics of the company.
a) Perpetual Succession b) Separate legal entity
c) Capacity to sue d) None of the above
12) Every individual intending to be appointed as director of a company shall
make an application for allotment of _____ to the Central Government in
such form and manner and along with such fees as may be prescribed.
a) Direct Identification Number
b) Director Invoice Number
c) Director Identification Number
d) Director Identification Nomination
13) A Company incorporated by the act of Parliament is _____.
a) Statutory Company b) Private Company
c) Chartered Company d) Government Company
14) The minimum number of members necessary for a meeting is called as _____.
a) Proxy b) Quorum
c) Board of Directors d) Companies Secretaries
15) Document which regulates the internal management of the company.
a) Memorandum of Association b) Prospectus
c) Article of Association d) Both a and b
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SLR-OC-28
Q.4 Answer any one of the following questions. 15
a) Define Memorandum of Association. What are its contents? Discuss
elaborately.
b) Discuss the various essentials and legal rules for a valid meeting.
Page 3 of 3
SLR-OA-53
Seat
No. Set P
B.A.LL.B. (Semester - IX) (CBCS) Examination: March/April-2023
Company Law (6051905)
Day & Date: Thursday, 06-07-2023 Max. Marks: 70
Time: 03:00 PM To 05:30 PM
Instructions: 1) All questions are compulsory.
2) Figures to the right indicate full marks.
Page 1 of 2
SLR-OA-53
9) According to Section 147, if any of the provisions of section _____ is
contravened, the company shall be punishable with fine which shall not be
less than Rs. 25000/- but which may extend to Rs. 500000/-
a) Sec 147 to 160 b) Sec 139 to 146
c) Sec 141 to 147 d) None of these
10) According to Section _____ no. person shall be appointed as a director unless
be has been allotted the DINC (Director Identification Number) under section.
a) 152, 153 b) 152, 154,
c) Sec 152, 155 d) 152, 151
11) According to Section 2(84) of the Companies Act 2013 defines share means.
a) Share in the share capital and debentures
b) Share in the share capital and include stock
c) Share capital of Co. limited by shares
d) All of these
12) A Company having share capital shall not commence day business unless a
declaration filed by _____.
a) director with the register b) director with Auditor
c) both a and b d) none of these
13) An Independent director means a director of _____.
a) A managing director b) Whole time director
c) Nominee director d) None of these
14) A minimum paid up capital for Public Co. _____.
a) 5,00,000 b) 4,00,000
c) 3,00,000 d) 2,00,000
Page 2 of 2
SLR-BA-49
Seat
No. Set P
B.A.LL.B. (Semester - IX) (New) (CBCS) Examination: Oct/Nov-2023
Company Law (19605905)
Day & Date: Thursday, 27-12-2023 Max. Marks: 80
Time: 02:00 PM To 05:00 PM
Instructions: 1) All questions are compulsory.
2) Figures to the right indicate full marks.
Page 1 of 2
SLR-BA-49
10) The word ‘Debenture’ is derived from the______ word debere.
a) English b) Roman
c) Latin d) None of these
11) Which one of the following can file the petition for winding up?
a) The Company b) Contributories
c) The Registrar of Companies d) All of above
12) Company must have its registered office within _____ days of its incorporation
or on the day when it commences business
a) 10 b) 20
c) 30 d) 40
13) The date of the opening of the subscription list means the beginning of the
day from the day of the issue of prospectus.
a) 5th b) 3rd
c) 10 th d) 20
14) A whole time key managerial personnel can hold office in _____ company.
a) Only one company b) Its subsidiary
c) Both a & b d) None of these
15) How many members should sign the Memorandum of Association in case
of public company_____.
a) 1 b) 3
c) 5 d) 7
Page 2 of 2
SLR-BA-54
Seat
No. Set P
B.A.LL.B. (Semester - IX) (Old) (CBCS) Examination: Oct/Nov-2023
Company Law (6051905)
Day & Date: Wednesday, 27-12-2023 Max. Marks: 70
Time: 02:00 PM To 05:00 PM
Instructions: 1) All questions are compulsory.
2) Figures to the right indicate full marks.
Page 1 of 2
SLR-BA-54
11) If anybody wants to file a case against the company they should file at what
place______.
a) Company b) Registered Office
c) Board of Director d) Books of accounts
12) _____is neither an agent, nor a trustee of a company.
a) Directors b) Company Secretary
c) Employees d) Promoters
13) The _____ Constitutes the top administrative organ of the company
a) General Manager b) Shareholders
c) Board of Directors d) Advisory Panel
14) When can a private company commence business?
a) At any time
b) After obtaining the certificate of incorporation
c) After obtaining the certificate of commencement of business
d) After applying for registration
Page 2 of 2
SLR-DV-18
Seat
No. Set P
LL.B. (Semester - V) (New) (CBCS) Examination Oct/Nov-2022
Company Law
Day & Date: Tuesday, 14-02-2023 Max. Marks: 80
Time: 09:00 AM To 12:00 PM
Instructions: 1) All questions are compulsory.
2) Figures to the right indicate full marks.
Page 1 of 3
SLR-DV-18
7) According to Company Act 2013 the most important document of company
is _____.
a) Article of association b) Annual report
c) Prospectus d) Memorandum of association
8) The share capital of company may be reduced by _____.
a) Special resolution b) Ordinal resolution
c) Resolution by director d) All of these
9) The maximum remuneration payable to directors when company has three
directors is _____ % of annual net profit.
a) 15 b) 20
c) 5 d) 10
10) An exception to the doctrine of constructive notice is the doctrine of _____
a) Indoor management
b) Ultravirus
c) Ulravirus in articles of association
d) None of these
11) Which companies are exempted to add words “Ltd” or “Pvt Ltd” at the end
of their name?
a) Private b) Public
c) Defunct d) Association not for profit
12) CIN stands for _______.
a) Corporate Identity Name b) Corporate Identity Number
c) Chairman Identity Name d) Chairman Identity Number
13) From the _____ of its incorporation and at all times thereafter a company
shall have a registered office capable of receiving and acknowledging all
communications of notice as may be addressed to it.
a) 10th day b) 11th day
c) 14th day d) 15th day
14) In case of compulsory winding up the official liquidator is appointed by:
a) Tribunal or C.G. b) Members in General meeting
c) The ROC d) The high court
15) An Audit committee may include _____
a) Auditors b) Company Secretary
c) Non-executive Directors d) All of these
Page 3 of 3
SLR-DX-47
Seat
No. Set P
B.A.LL.B. (Semester - IX) (CBCS) Examination: Oct/Nov - 2022
Company Law
Day & Date: Tuesday, 14-02-2023 Max. Marks:70
Time: 09:00 AM To 11:30 AM
Instructions: 1) All questions are compulsory.
2) Figures to the right indicate full marks.
Page 1 of 2
SLR-DX-47
9) _____ prospectus was issued in case securities were issued in stages.
a) Deemed b) Shelf
c) Red herring d) None of the above
10) Which one of the following is the way to become the member of the
company?
a) By transmission of shares b) By transfer of shares
c) Subscribing to memorandum d) All of these
11) Which one of the following can file the petition for winding up?
a) The Company b) Contributories
c) The Registrar of Companies d) All of these
12) _____ share is one which with regard to Dividend carries preferential right
to be paid a fixed amount at a fixed calculated rate.
a) Equity shares b) Preference shares
c) Ordinary shares d) None of these
13) Which one of the following is an exception to the Rule in Foss v. Harbottle?
a) Ultra virus acts
b) Fraud on minority
c) Acts requiring Special resolution
d) All of these
14) ____ are the advantages of Incorporation.
a) Corporate Personality b) Limited Liability
c) Perpetual Succession d) All of the above
Page 2 of 2
SLR-AR-52
Seat
No.
Set P
LL.B. (SEM – V) (CBCS) Examination Nov-2019
COMPANY LAW
Day & Date: Tuesday, 19-11-2019 Max. Marks: 70
Time: 11:30 AM To 02:00 PM
Instructions: - 1) All questions are compulsory.
2) Figures to the right indicate full marks.
Q.1 Fill in the blank by choosing correct alternative give below. 14
1) Doctrine of Indoor Management for First time enunciated in ___________
case.
a) Foss N. Harbottle b) Royal British Bank V. Traquand
c) Ryland V. Fletcher d) None of the above
2) Which one of the following is an essential ingredient of a prospectus?
a) It must be an invitation offering to the public
b) The invitation must be to subscribe or purchase
c) Invitation may relate to share or debentures
d) All of the above
3) ___________ is a document given by a company as an evidence of a
debt to the holder usually arising out of a loan and most commonly
secured by a charge.
a) Share b) Brokerage
c) Debenture d) Dividend
4) Sec-165 of the Companies Act – 2013 provides that, no person shall hold
office at one and the same time as Director of more than __________
companies.
a) Ten b) Twenty
c) Five d) None of the above
5) The minimum number of members required to constitute a valid meeting
and to transact business thereat is called ___________.
a) Resolution b) Meeting
c) Quorum d) None of the above
6) _________ can be appointed as an Inspector for investigation into the
affairs of a company, under Companies Act 2013.
a) Firm b) Body Corporate
c) Other association d) Only Individuals
7) _____________ is a process by which the assets of the company are
collected and realized, its liabilities are discharged and the net surplus if
any is distributed in accordance with the company’s articles of association.
a) Winding up b) Incorporation
c) Investigation d) None of the above
8) The ___________ of association of a company are the internal regulations
which govern the management of the internal affairs of a company.
a) Memorandum of association b) Article of association
c) Prospectus d) None of the above
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SLR-AR-52
9) The articles and memorandum of association when registered become a
public document, therefore anyone, whether a member or an outsider,
who has dealing with the company, shall be deemed to have notice of the
contents of these documents, this is known as the _____________.
a) Doctrine of Constructive Notice
b) Doctrine of Indoor Management
c) Both a and b
d) None of these
10) Which one of the following is an exception to the Doctrine of Indoor
Management?
a) Knowledge of irregularity b) Forgery and Fraud
c) Suspicion of irregularity d) All of these
11) ____________ clause of the memorandum of association of the company
is sets out the purpose for which the company is formed and the kind of
activities or business it intends to carry on.
a) Name Clause b) Object Clause
c) Liability Clause d) None of these
12) Sec _____________ of the Companies Act - 2013 defines Memorandum
of Association.
a) Sec - 2 (56) b) Sec - 2 (5)
c) Sec - 11 d) None of these
13) __________ shares are sometimes also called as Founders Shares.
a) Preference Shares b) Deferred Shares
c) Equity Shares d) None of the above
14) The word ‘debenture’ is derived from the _____________ term ‘debere’.
a) Latin b) English
c) French d) None of these
Q.2 Attempt any four of the following question. 16
1) Promoter - Liabilities and Rights
2) Difference between Share and Debenture
3) Distinction between Company and Partnership firm
4) The Rule in Foss N. Haribottle & Exceptions
5) Corporate Social Responsibility
6) Amalgamation of companies
Q.3 Attempt any two of the following question. 12
1) Meetings of Company - kinds and procedure for valid meeting
2) Doctrine of Indoor Management
3) Memorandum of Association
4) Inspection and Investigation
Q.4 Attempt any one of the following question.
Write a note on winding up of the Company. 14
OR
Define Share, what are the kinds of Share. Discuss in detail general principles
regarding allotment of shares & calls on share.
Q.5 Define Director, Appointment, Removal, Qualification, Duties and Liabilities of 14
Directors of a Company.
Page 2 of 2
SLR-AI-52
Seat
No.
Set P
LL.B. (Semester - V) (New) (CBCS) Examination March/April-2019
COMPANY LAW
Day & Date: Friday, 26-04-2019 Max. Marks: 70
Time: 12:00 PM To 02:30 PM
Instructions: 1) All questions are compulsory.
2) Figures to the right indicate full marks.
Q.1 Choose the correct alternative and rewrite the sentences. 14
1) Doctrine of Indoor Management was laid in _______ case.
a) Royal British Bank vs. Turquand b) Foss vs. Harbottle
c) Ashby vs. White d) None of the above
2) The _______ was incorporated under the Charter of Queen Elizabeth on
31st December 1600.
a) East India Company
b) Reserve Bank of India
c) Industrial Finance Corporation of India
d) Air India
3) The principle of the independent corporate existence of a registered
company is well illustrated by the house of Lord’s decision in _______.
a) Gallaghar vs. Germania Brewing Co.
b) In Re. London and Globe Finance Corporation
c) R. T. Perumal vs. John Deavin
d) Saloman vs. Saloman and Co.
4) Section 2(56) of the companies Act, 2013 defines ________.
a) Debentures b) Prospectus
c) Article d) Memorandum
5) As per Schedule I of the Company Act 2013 Memorandum of association of
company limited by shares has _______ Clauses.
a) Four b) Five
c) Six d) Seven
6) _______ capital is the nominal value of shares issued for subscription and
allotment.
a) Nominal b) Issued
c) Subscribed d) Working
7) Section 55 of the Companies Act, 2013 empowers a company to issue
_______ preference Shares.
a) Redeemable b) Cumulative
c) Participating d) All the above
8) The Rule in Foss vs Harbottle was evolved in _______ Year.
a) 1840 b) 1841
c) 1843 d) 1845
9) The time period required for notice of general meeting in writing or through
electronic media is not less than clear _______ days excluding the date of
service of the notice and the date of meeting.
a) 45 b) 30
c) 21 d) 15
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SLR-AI-52
10) ________ of the Companies Act 2013, provides for calling of Extra Ordinary
General Meeting.
a) Section 96 b) Section 97
c) Section 99 d) Section 100
11) A ________ is a document issued by the company inviting the public and
investors for the subscription of its securities.
a) Prospectus b) Agreement
c) Article d) Memorandum
12) A _________ charge, is not attached to any definite property but covers
property which is of a fluctuating nature such as Stock in trade.
a) Floating b) Fixed
c) Specific d) Specific and Floating
13) The word ‘debenture’ is derived from the ________ term debere.
a) American b) Italian
c) French d) Latin
14) Section 272(1) of the Companies Act, 2013 provides that a petition for the
winding up of a company may be presented to the Tribunal by _______.
a) The company
b) The registrar of companies
c) Any contributory or contributories
d) All the above
Q.2 Answer any four of the following questions. 16
a) Kinds of Shares
b) Prospectus
c) Modes of becoming Members of the company
d) Power and Duties of Directors
e) Dividend
f) Winding up by Tribunal
Q.3 Answer any two of the following. 12
a) Doctrine of Indoor Management and its exceptions
b) Classification / types of Companies
c) Share Certificate and Share Warrant
d) Duties, Rights and Liabilities of Promoter
Q.4 Answer any one of the following: 14
a) Explain the various clauses of Memorandum of Association. Distinguish
between Memorandum of Association and Article of Association.
b) What is meant by allotment of shares? Explain statutory restrictions and
general principles of allotment of shares.
Q.5 Answer of the following question: 14
a) Discuss kinds of Meetings under the Company Law 2013 and state the
procedure for conducting the valid meetings of the company.
Page 2 of 2
SLR-HJ-69
Seat
No.
Set P
LL.B. (Semester – V) (New) (CBCS) Examination Nov/Dec-2018
COMPANY LAW
Time: 2½ Hours Max. Marks: 70
Instructions: - 1) All questions are compulsory.
2) Figures to the right indicate full marks.
Q.1 Multiple choice questions: 14
1) The persons who initiate the process of formation of a company are called
_______.
a) Directors b) Promoters
c) Auditors d) Share holders
2) Where a company intends to issue a public appeal for subscription of its
shares or debentures, it is essential for it to issue a _______.
a) Prospectus b) Audit
c) Account d) None of these
3) ______is a right to participate in the profits made by a company while it is
going on concern and declares dividends and in the assets of the
company in the event of its being wound up.
a) Share b) Debenture
c) Both a and b d) None of these
4) ______denotes the portion of the profit earned by a company which is
distributed among its shareholders at a pre-determined rate or otherwise.
a) Interest b) Dividend
c) Both a and b d) None of these
5) _______is a document given by a company as an evidence of a debt to
the holder usually arising out of a loan and most commonly secured by a
charge.
a) Share b) Debenture
c) Deposit d) None of these
6) Which one of the following is a requisite of a valid meeting, it must be ___
a) Properly convened b) Properly constituted
c) Properly conducted d) All of these
7) ______is a brief summary of the proceedings of a meeting.
a) Quorum b) Resolution
c) Minutes d) Any other
8) The principle that, the will of the majority should prevail over the will of the
minority in matters of internal administration of the company is known as
the rule in _______.
a) Royal British Bank V. Tarquand b) Foss V. Harbottle
c) Rylands V. Fletcher d) None of these
9) ______ is a process by which the assets of the company are collected
and realized, its liabilities are discharged and the net surplus, if any, is
distributed in accordance with the Company’s Articles of Association.
a) Amalgamation b) Reconstruction
c) Winding up d) None of these
Page 1 of 2
SLR-HJ-69
10) _____of a company are the internal regulations which govern the
management of the internal affairs of a company.
a) Memorandum b) Article
c) Prospectus d) Any other
11) Which one of the following is the disadvantage of Incorporation?
a) Limited Liability b) Perpetual Succession
c) Separate Property d) Lifting of the Corporate Veil
12) The articles and memorandum when registered, become a public
document, therefore, any one whether a member or outsider, who has
dealing with the company, shall be deemed to have notice of the contents
of these documents, This is known as _______.
a) Doctrine of constructive notice b) Indoor Management
c) Both a and b d) Any other
13) _____is a demand for payment of the balance amount or part there of
which has remained unpaid on each share.
a) Brokerage b) Interest
c) Call d) Dividend
14) ____________ is a security given for securing loans or debentures by a
mortgage on the assets of a company.
a) Charge b) Call
c) Interest d) Any other
Q.2 Answer any four out of the following: 16
1) Define Promoter. Rights & Liabilities of promoters
2) Powers and duties of Auditor
3) Amalgamation of Companies
4) Prospectus and its contents
5) Distinction between Memorandum and Articles of Association
6) Advantages of Incorporation
Q.3 Answer any two out of the following questions: 12
1) Constructive Notice and Indoor Management
2) Meetings of a company – Procedure & kinds of meeting
3) Director of company – Powers and Duties
4) Theories of Corporation
Q.4 Answer any one of the following: 14
1) Write a detail note on winding up of the company.
OR
2) Discuss in detail the procedure of allotment of share with the restrictions
on its allotment & methods of making call.
Q.5 Write a detail note on Memorandum of Association of a Company. 14
Page 2 of 2
SLR-HF-72
Seat
No.
Set P
LL.B. (Semester - V) (CGPA) Examination Mar/Apr-2018
COMPANY LAW
Time: 2½ Hours Max. Marks: 70
Instructions: 1) All questions are compulsory.
2) Figures to the right indicate full marks.
Q.1 Multiple choice questions: 14
1) The ________ of the company may be said to be an advertisement through
which the company invites public to purchase its shares or debentures.
a) Memorandum b) Article
c) Prospectus d) None of these
2) A _______ by company may be defined as a demand for payment of the
balance amount or part thereof which has remained unpaid on each share.
a) Calls on share b) Surrender of share
c) Forfeiture of share d) None of these
3) _________ of shares takes place by operation of law when a shareholder dies
or is adjudged insolvent or if the shareholder being a company goes into
inquidation.
a) Transfer share b) Transmission of share
c) Lien on share d) None of these
4) The word debenture is derived from the __________ term ‘debere’.
a) English b) Latin
c) French d) None of these
5) ________ is a document given by a company as an evidence of a debt to the
holder usually arising out of a loan and most commonly secured by charge.
a) Share b) Debenture
c) Brokerage d) None of these
6) All general meetings of a company other than the statutory and the annual
general meeting are called __________.
a) Extra ordinary general meeting b) Class meetings
c) Debenture holders meeting d) Any other
7) The word _______ denotes a brief summary of the proceeding of a meeting.
a) Agenda b) Resolution
c) Minutes d) Any other
8) ________ can be appointed as an Inspector for Investigation in to the affairs
of a company under section 210 of the companies Act 2013.
a) A firm b) Body corporate
c) Other association d) None of these
9) ________ of a company takes place when two or more companies are joined
to form a third entity or one is absorbed or blended with another.
a) Amalgamation b) Winding up
c) Both a and b d) None of these
Page 1 of 2
SLR- HF-72
10) The principle that the will of the majority should prevail over the will of the
minority in matters of internal administration of the company is known as the
rule in _________.
a) Foss v. Harbottle b) Royal British Bank v. Turquand
c) Daniels v. Daniels d) None of these
11) Under ______ circumstances company may be wound up by the tribunal
under section 271 of the companies Act 2013.
a) Inability to pay debts
b) Special resolution passed by company
c) On application made by Registrar
d) All of these
12) The minimum number of a person’s required to form a public company is
_________.
a) Seven b) Two
c) Five d) Any other
13) Before company is formed, there must be some persons who have intention to
form it and takes necessary steps to bring it into existence; such persons are
called ________ of the company.
a) Directors of the company b) Promoters
c) Creditors d) Any other
14) _______ Document of the company may be called as a charter or constitution
of the company.
a) Memorandum of Association b) Article of Association
c) Prospectus d) Share certificate
Q.2 Write a note on memorandum of Association in detail. 14
Q.3 Define share. Write a note on general principles regarding allotment of shares 14
with statutory restrictions and procedure for transfer of shares.
OR
Write a detail note on Appointment, Removal, Powers and Duties of Directors of 14
the company.
Q.4 A) Solve any Two: 08
1) Right and liabilities of Promoter
2) Requisites of valid meeting
3) Powers of Inspector appointed to investigate the affairs of the company
B) Doctrine of constructive notice and Indoor Management. 06
Q.5 Write short note on Any seven: 14
a) Definition of Prospectus & Contents
b) Lien on shares
c) Dividend
d) Corporate Social Responsibility
e) The rule in Foss v. Harbottle
f) Prevention of mismanagement
g) Duties of Company Liquidator
h) Winding up by Tribunal
i) Forfeiture of Share
j) Difference between share and debenture
Page 2 of 2
SLR-IA-56
Seat
No.
Set P
LL.B. (Semester - V) (CGPA) Examination Oct/Nov-2017
COMPANY LAW
Day & Date: Tuesday, 21-11-2017 Max. Marks: 70
Time: 10.30 AM to 01.00 PM
Instructions: 1) All questions are compulsory.
2) Figures to the right indicate full marks.
Q.1 Multiple choice questions: 14
1) Foreign Exchange Management Act come in force in the year of _____.
a) 1999 b) 2000
c) 2001 d) 1997
2) The Term Corporation derived from Latin word _____.
a) Corpus b) Corporation sole
c) Sole Aggregate d) None of these
3) SC 2(71) of Company Act 2013 defines _____.
a) Public Company b) Private Company
c) Prospectus d) Director
4) Sec. ___ of Companies Act 2013 provides the procedure for
incorporation for company.
a) 7 b) 8
c) 10 d) 70
5) Maximum Number of member in private company limit has been
increased from _____ number.
a) 50 to 200 b) 40 to 190
c) 100 to 200 d) 400
6) _______plays a vital & dynamic role in formation of company.
a) Prospectus
b) Promoter
c) Director
d) Assistant Director and Managing Director
7) _______ is fundamental conditions upon which alone the company is
allowed to be incorporated.
a) Memorandum b) Article
c) Prospectus d) None of these
8) Borrowing by company may be Ultra-virus under _______ circumstances.
a) Borrowing which is Ultra-Virus b) a & c
c) Intra-Virus d) None of these
9) The First Meeting of shareholder of Public Company with a store capital
______.
a) Statutory b) Annual General meeting
c) Extra-ordinary Meeting d) None of these
10) _______ is proportion of the distributed profits of company.
a) Dividends b) Profit
c) Account d) None of these
Page 1 of 2
SLR-IA-56
11) ________ is the process by which is existence or life of company is put
to an end.
a) Winding-up b) Amalgamation
c) Meeting d) None of these
12) _______ is a written agreement prescribing regulation for the
Government of a company.
a) Article of Association b) Memorandum of Association
c) Prospectus d) None of these
13) Section ________ of Act provides for Alteration of Article.
a) 14 b) 13
c) 18 d) 20
14) Section ________ of Act 2013 defines modes of winding up.
a) 270 b) 30
c) 150 d) 2
Q.2 Write in detail about meeting, it’s kinds and importance. 14
Q.3 Write in detail about winding up of company & its various effects. 14
OR
Write in detail note on Dividends & it’s & importance of Dividends.
Q.4 A) Solve any two of the following:- 08
1) Memorandum of Association
2) Promoter
3) Article of Association
B) Unauthorized Borrowing Power of Company 06
Q.5 Answer in short on: ( Any seven) 14
a) Share Certificate
b) Corporate social responsibility
c) Legal Liabilities of company
d) Amalgamation
e) Public Company
f) Protection of Minority Rights
g) Role of Director
h) Importance of shares capital
i) National company Law Board
j) Importance of prospectus
Page 2 of 2
SLR-IA-66
Seat
No.
Set P
LL.B. (Semester - VI) (Old) Examination Oct/Nov-2017
COMPANY LAW
Day & Date: Saturday, 25-11-2017 Max. Marks: 50
Time: 10.30 AM to 12.30 PM
Instructions: 1) All questions are compulsory.
2) Figures to right indicate full marks.
Q.1 A) Multiple choice questions: 05
1) For a meeting to be valid it must be properly __________.
a) Convened b) Constituted
c) Conducted d) All the above
2) ____________ takes place when two or more companies are joined
to form a third entity or one is absorbed or blended with another.
a) Regulation b) Reconstruction
c) Investigation d) Amalgamation
3) The shareholders get _________ out of the profits of the company.
a) Interest b) Dividend
c) Both a & b d) None of the above
4) The Rule in Foss vs. Harbottle was evolved in __________.
a) 1843 b) 1853
c) 1864 d) 1872
5) FEMA means Foreign exchange ____________ Act 1999.
a) Agreement b) Multinational
c) Management d) Contract
B) Fill in the blanks: 05
1) _________ means the authority to act for another.
2) ________ is the term commonly associated with the ending of a
company’s existence.
3) The first meeting of the shareholders of a public limited company
with a share capital is known as ____________ meeting.
4) ___________ means person appointed to wind-up the affairs of a
company or firm.
5) __________ Company means, “any company in which not less than
fifty one percent of the share capital is held by the Central
Government or any State Government or partly by the Central
Government and party by one or more State Governments.
Q.2 Write a detail note on various kinds of Meetings under Company Law. 10
Q.3 State and explain the nature and advantages of Private Company. 10
OR
Critically examine the rule in Foss vs. Harbottle and state its exceptions.
Page 1 of 2
SLR-IA-66
Q.4 A) Write short answers. (Any 2) 04
1) Holding and subsidiary Company
2) Fixed charges.
3) Civil liability of company.
B) Effect of unauthorized borrowing. 04
Q.5 Write short notes on. (Any three) 12
a) Dividends
b) Protection of oppression and Mismanagement
c) Amalgamation
d) Powers and duties of Auditors.
Page 2 of 2
SLR-G – 86
Seat
No.
LL.B – III (Semester – V) (Old) Examination, 2017
COMPANY LAW
Q.3 Discuss various kinds of the meeting and state the procedure to 10
conduct valid meeting.
OR
Write a detail note on borrowing power of the company and its
effects.
Page 2 of 2
SLR-G-86R
Seat
No.
LL.B. – III (Semester – V) (Old) Examination, 2017
COMPANY LAW
Page 1 of 2
SLR-G-86R
Q.2 Explain the legal position of promoters and state his duties and 10
liabilities.
Page 2 of 2
SLR-G – 99
Seat
No.
LL.B – III (Semester – V) (New) (CGPA), Examination 2017
COMPANY LAW
Page 1 of 3
SLR-G – 99
7) Which one of the following is a requisite of a valid meeting?
a) Properly Convened b) Properly Constituted
c) Properly Conducted d) All of these
8) The Principle that the will of the majority should prevail over the
will of the minority in matters of internal administration of the
company is known as the rule in _______.
a) Rule in tarquand’s Case
b) Rule in Rylands v. Fletcher Case
c) Rule in Foss v. Harbottle Case
d) Rule in Bourlill v. Young Case
Page 2 of 3
SLR-G – 99
14) The companies must divide their object clause in to ________
sub–clauses.
a) Main object b) Other objects
c) States to which object extends d) All of these
Page 3 of 3
SLR-G-111
Seat
No.
LL.B – III (Semester – VI) (Old) Examination, 2017
Company Law
Day & Date: Thursday, 04-05-2017 Max Marks: 50
Time: 10.30 AM to 12.30 PM
3) The Principle that the will of the majority should prevail over
the will of the minority in matters of internal administration
of the Company is known as the Rule in _______.
a) Turquand Case b) Rylands v. Fletcher Case
b) Foss V.Harbottle Case d) None of these
Page 1 of 2
SLR-G-111
2) _______ is a document given by a Company as an evidence
of a debt to the holder usually arising out of a loan and most
commonly secured by a charge.
3) All general meetings of a Company other than the statutory
Meeting and the annual general meeting are called _______
4) _______ denotes that portion of a profit earned by a
company which is distributed among its Shareholders at a
pre-determined rate or otherwise.
5) _______ means the formation of a new company to take
over the assets of the old one with the idea that substantially
the same business shall be carried on by the same persons.
Q.2 What are the kinds of meeting and write a detail note on Annual 10
general meeting and procedure of valid meeting
Page 2 of 2
*SLRC123* SLR-C 123
Seat
No.
P.T.O.
SLR-C 123 -2- *SLRC123*
4) The persons who assumes the primary responsibility of matters relating
to formation and promotion of a company are known as _____________ of
a company.
a) Directors b) Promoters
c) Share holders d) None of these
5) ____________ as defined in the Companies Act means any document or
notice, circular, advertisement or other document inviting offers from the
public for the subscription or purchase of shares or debentures of a body
corporate.
a) Prospectus b) Memorandum
c) Articles d) None of these
_____________________
*SLRC123* -3- SLR-C 123
Seat
No.
2. Define share and write a note on general principles regarding allotment of shares
and statutory restrictions on allotment of shares. 10
3. What is the relation of a promoter with the company he form, what are the rights
and liabilities of promoters ? Discuss. 10
OR
Write a note on Memorandum of Association. Discuss in detail the object Clause
of Memorandum of Association.
_______________
*SLRC136* SLR-C – 136
Seat
No.
P.T.O.
SLR-C – 136 -2- *SLRC136*
5) A ___________ means a prospectus in respect of which the securities or
class of securities included therein are issued for subscription in one or more
issues over a certain period without issue of a further prospectus.
a) Shelf prospectus b) Red-herring prospectus
c) Both a) and b) d) None of the above
6) Equity shares is also known as ___________shares.
a) Special b) General c) Simple d) Ordinary
7) ___________ denotes that portion of the profit earned by a company which is
distributed among its shareholders at a pre-determined rate or otherwise.
a) Bonus b) Debentures
c) Dividend d) Charge
8) A share___________ can be issued only in respect of fully paid shares.
a) Certificate b) Number c) Warrant d) All the above
9) No person shall be appointed as a director of a company unless he has been
allotted the___________ which is issued by the Central Government.
a) Divisional Identification Number b) Director International Number
c) Director Identification Number d) Double Identification Number
10) Taking a ___________ means recording the number of votes cast for or against
a resolution.
a) Proxy b) Poll c) Resolution d) Voting
11) The word___________ literally means the authority to act for another.
a) Agent b) Auditor c) Secretary d) Proxy
12) ___________ books of account which every company is supposed to maintain.
a) Ledger b) Cash c) Fee d) All the above
13) Where the company has made a default in filing with the registrar its financial
statements or annual returns for immediately preceding ___________consecutive
years, the tribunal may order winding-up the company.
a) Five b) Six c) One d) Three
14) ___________ shares are sometimes also called as founder’s shares.
a) Bonus b) Forfeiture c) Pledging d) Deferred
–––––––––––––––
*SLRC136* -3- SLR-C – 136
Seat
No.
2. Define promoter. Explain the legal position of a promoter and discuss his duties
and liabilities. 14
3. A) Discuss the circumstances under which a company may be wound-up by the
tribunal and state who can file petition for winding-up. 14
OR
B) Explain the Doctrine of Indoor Management. State what are the exceptions to
the Doctrine of Indoor Management. 14
4. A) Short notes (any 2) : 8
i) Article of Association.
ii) Contents of Prospectus.
iii) Appointment of Directors.
B) Write a note on : 6
1) Doctrine of Ultra-vires.
5. Answer in short (any 7) : 14
1) Dividends.
2) Floating charges.
3) Kinds of shares.
4) Amalgamation.
5) Dormant companies.
6) Call on shares.
7) Annual General Meeting.
8) Government Company.
9) Protection of Oppression.
10) Forfeiture and surrender of shares.
––––––––––––––––––––
*SLRC140* SLR-C 140
_____________________
*SLRC140* -3- SLR-C 140
B) Discuss the legal position of Auditor and state the powers and duties of
Auditors. 10
____________
*SLRE99A* SLR-E – 99A
Seat
No.
P.T.O.
SLR-E – 99A -2- *SLRE99A*
4) Forfeiture of shares.
–––––––––––––––––
*SLR-E107A* SLR-E 107 A
Seat
No.
LL.B. III (Sem. VI) and B.A. LL.B. V (Sem. X) Examination, 2016
COMPANY LAW (Paper IV)
Day and Date : Tuesday, 26-4-2016 Max. Marks : 50
Time : 10.30 a.m. to 12.30 p.m.
3. A) Define private company. State what are the advantages of private company ? 10
OR
B) State various kinds of meeting and discuss the requisites of a valid meeting. 10
_________________
*SLRN81A* SLR-N – 81A
Seat
No.
LL.B. – III (Semester – V) and B.A. LL.B. (Semester – IX) Examination, 2015
COMPANY LAW (Paper – IV)
P.T.O.
SLR-N – 81A *SLRN81A*
————————
*SLRN89A* SLR-N – 89 A
Seat
No.
_____________________
SLR-N – 89B - *SLRN89B*
–––––––––––––––––
*SLRE83A* SLR-E – 83(A)
Seat
No.
P.T.O.
SLR-E – 83(A) *SLRE83A*
2. Discuss the legal position of directors of the company and also state the legal
provisions relating to his appointment in the company. 10
B) Write note on :
1) Doctrine of Indoor Management. 4
_____________________
*SLRE91A* SLR-E – 91A
Seat
No.
1) The Act imposes a penalty if a default is made in filing the accounts with
the Registrar within __________________ days after an annual general
meeting.
a) 30 days b) 45 days c) 60 days d) 90 days
5) Where one company has control over another, it is known as the ____________
company.
a) Holding b) Subsidiary
c) Both a) and b) d) None of the above
P.T.O.
SLR-E – 91A *SLRE91A*
2. Discuss various kinds of audit and state the powers and duties of Auditor. 10
B) Write a note on : 4
1) Dividends.
–––––––––––––––––
*SLRGW75A* SLR-GW – 75A
Seat
No.
P.T.O.
SLR-GW – 75A *SLRGW75A*
P.T.O.
SLR-GW – 83A *SLR-GW-83A*
2. Discuss the principles laid down in the case of Foss Vs Harbattle and state if
there are any exceptions to rule in Foss Vs Harbattle. 10
3. A) Discuss the various provisions provided under Companies Act, for prevention
of oppression and mismanagement. 10
OR
B) Write a note on voluntary winding-up of a company. 10
_____________________