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Important Questions for "company law":

[1]

  1. Write a short note on voting by pool.
  2. What do you mean by minority rights?
  3. Can a member inspect the books of minutes of the Board Meeting? Discuss.

[2]

  1. Discuss the various modes of becoming a member of a company.
  2. What are the duties of the Court to protect the interests of shareholders?
  3. Explain in brief the law relating to the holding of the Annual General Meeting of a company.

[3]

  1. State the powers of the liquidator of a company.
  2. Define Debenture. What are the various kinds of Debenture? State the difference between shareholders and Debenture holders.
  3. Explain in brief the law relating to the appointment of a managing director of a company.

[4]

  1. Define liability of members as per company law.
  2. How is portfolio risk measured?
  3. What is the role of a prospectus?

[5]

  1. Explain the statement: 'The Memorandum of Association is the fundamental law or a charter defining the objects and limiting the powers of a company.'
  2. Write short notes on the principle of majority rule and its exceptions.
  3. Write short notes on the borrowing powers of a company.

[6]

  1. What is the difference between a Private and Public Limited Company?
  2. What are the liabilities for mis-statement in a prospectus?
  3. What is a Memorandum of Association? What are its contents?

[7]

  1. What are the Company law provisions relating to issue of shares at discount?
  2. What are the Company law provisions relating to redemption of preference shares? Give the journal entries which are made in the books of a company to give effect to redemption of preference shares.
  3. What are the advantages of amalgamation of companies?

[8]

  1. What is the meaning and what are the requirements of a Valid Meeting?
  2. Who is a Liquidator? What are the functions of a Liquidator?
  3. Explain the different clauses under the MOA under Section 13 of the Companies Act, 2013.

[9]

  1. Who is a Liquidator? Explain the rights and duties of a Liquidator.
  2. What are the provisions of the Companies Act, 1956 for the prevention of oppression of the minority shareholders and mismanagement of a company?
  3. What do you understand by Winding up of a Company? What are the methods of winding up of a company?

[10]

  1. Differentiate between fixed charge and floating charge.
  2. Explain the statement: 'A Company is vested with corporate personality which is independent of and distinct from its members.'
  3. Discuss the principle of majority and state its exceptions.

[11]

  1. Role of National Company Law Tribunal and related appointments.
  2. Uses of Securities Premium and restrictions in its utilization.
  3. Advantages of raising debt capital over equity for companies.

[12]

  1. Who decides the working days calendar for the Tribunal in a year?
  2. What is the minimum capital requirement for appointing a full-time company secretary?
  3. How are preference shares liable for redemption under the Companies Act, 2013?

[13]

  1. The most important feature of an incorporated company is its distinct and independent legal personality.
  2. What is a public company?
  3. State about liquidator, his powers and duties.

[14]

  1. What do you mean by Public Company?
  2. A fixed charge and a floating charge.
  3. Discuss the principle of majority and state its exceptions.

[15]

  1. Differentiate between a company and a partnership firm.
  2. Write a short note on 'Articles of Association'.
  3. What do you mean by 'Doctrine of Ultra-Vires'?

[16]

  1. Discuss the constitution, functions and the power of the Company Law Board. Why is the Board considered as the important agency for the administration of the Company Law in India?
  2. Discuss the rule of corporate veil in detail.
  3. Describe the various clauses of Memorandum of Association. How far the name clause of a Memorandum of Association be altered?

[17]

  1. What do you understand by dividend?
  2. Discuss the Criminal liability of the company.
  3. How can you investigate the Company affairs? What is the importance of the report submitted by the Inspector? What are the powers of Inspector appointed by Central Government for the investigations of Company affairs?

[18]

  1. What is meant by Redeemable Preferential Share? What restrictions have been imposed on such shares under the Company Law?
  2. Whether a 'Corporate Body' can be appointed as a Director of a Company? Give your answer referring to relevant Section of the Company law.
  3. Describe in detail the composition and power of the National Company Law Tribunal.

[19]

  1. Mention the main powers National Company Law Tribunal.
  2. Discuss the statement 'Every shareholder of a Company is a member whereas not every member is a shareholder.'
  3. Describe the rule 'The Decision of Majority is foremost and acceptable to one and all.' Elaborate on this rule and discuss the exceptions legally made to protect the interests of minority shareholders.

[20]

  1. Explain ultra vires acquired property.
  2. Whether a company can sue on pre-incorporation contract?
  3. Write a comment on the consequences of unauthorised borrowing.

[21]

  1. State the difference between Winding-up and Dissolution of a company.
  2. What do you understand by Articles of Association? Is it compulsory for every Company to have its own articles? State how articles can be altered.
  3. What is annual general meeting? What are the legal provisions for holding an annual general meeting? What functions are performed at such meetings?

[22]

  1. Explain share qualification of directors.
  2. What is a debenture? Describe methods of issue of debentures.
  3. What is meant by extraordinary general meeting? Who can call it?

[23]

  1. Explain the kinds of Companies.
  2. What are the powers of the directors? What restrictions have been imposed by the Companies Act on the powers of directors?
  3. Describe the modes of winding-up of a company.

[24]

  1. Define a debenture. What are usual features of a debenture?
  2. Distinguish between share certificate and share warrant.
  3. Distinguish between Public Company and Private Company.

[25]

  1. Discuss the doctrine of ultra vires in Company Law with reference to cases decided by Indian Courts.
  2. What do you understand by share capital?
  3. Discuss briefly the powers, functions, and position of a director in a company.

[26]

  1. Explain how the appointment of the official liquidator is made by the Court under the Company Law. Explain the powers and duties of the official liquidator.
  2. What do you understand by the Company? Explain its nature advantages.
  3. What is Memorandum of Association? What is its importance? What are its contents? Or 'Memorandum of Association is the first step in the formation of a company.' Examine its importance.

[27]

  1. What is the difference between a shareholder and a debenture holder? Explain.
  2. What do you understand by the rule of majority? Discuss the circumstances when this rule is discarded for protective minority of shareholders. Refer to case law.
  3. Distinguish between Memorandum of Association and Articles of Association. Explain their contents.

[28]

  1. What is the doctrine of 'Indoor Management'?
  2. Discuss the remedies available to the oppressed minority against oppression and mismanagement under the Companies Act.
  3. Who are liable for misstatement in a prospectus? Explain the extent of civil and criminal liability for such misstatement.

[29]

  1. Discuss the facts and decision of the Salomon Vs. Salomon and Co. Ltd. case.
  2. Doctrine of Indoor management is an exception to the doctrine of constructive notice. Discuss.
  3. Reduction in share capital is made with or without approval of the Tribunal. Comment.

[30]

  1. What do you mean by Holding Company and Subsidiary Company?
  2. What do you mean by Company? What are the types of Company? What is the difference between private company and public company?
  3. What do you mean by winding-up of the Company and what are the grounds of winding up of the Company?

[31]

  1. What is a Private Company? When does it become a Public Company?
  2. State the facts and legal principles established in 'Ashbury Railway Carriage and Iron Co. Ltd Vs Riche (1857) 7H.L 653'.
  3. Discuss the remedies available to the oppressed minority against oppression and mismanagement under the Companies Act.

[32]

  1. What is extra-ordinary meeting of company?
  2. Write a short note on Share.
  3. Discuss the importance of the Object Clause of the Memorandum of Association of a company. Can a company amend this clause? If so, when and how?

[33]

  1. Explain in brief statutory meeting.
  2. Who is liable for mis-statement in prospectus? Explain also the extent of civil and criminal liability for such mis-statement.
  3. What is the legal position of a director in a company? Discuss the powers and duties of a director.

[34]

  1. Write a short note on Dividend.
  2. What is the 'Doctrine of Indoor Management'?
  3. What do you understand by Memorandum of Association? Briefly state its various clauses and also write its difference from Article of Association.

[35]

  1. What do you mean by Doctrine of Ultra Vires?
  2. Define reconstruction and amalgamation. Draw a distinction between the two.
  3. Discuss in detail the different modes of winding up of a company.

[36]

  1. What is meant by share in context of share capital of a company?
  2. What is Memorandum of Association? Explain the provisions pertaining to the alteration of the objects clause.
  3. What is meant by 'Reconstruction' and 'Amalgamation' in the context of a company? Elucidate.

[37]

  1. Explain briefly the concept of 'One Person Company'.
  2. Why is 'Certificate of Incorporation' considered important?
  3. What is winding-up? When can a company be wound up by the tribunal?

[38]

  1. What is National Company Law Tribunal?
  2. Differentiate between foreign direct investment and foreign institutional investment.
  3. What is Globalisation? Describe the steps taken by the government of India towards globalisation and its effect on the Indian economy.

[39]

  1. What do you understand by Blank Transfer?
  2. What do you understand by a Private Company? Discuss the privileges and exemptions enjoyed by a Private Company as against a Public Company.
  3. What is ultra-vires borrowing? What remedies are open to a lender if a company resorts to ultra-vires borrowing?

[40]

  1. What is meant by transmission of shares?
  2. What is forfeiture of a share? Explain the procedure and effect of a forfeiture of shares.
  3. What is winding-up of a company? Explain the circumstances of winding-up of a company.

[41]

  1. What do you understand by the winding up of a company? Discuss the various methods prescribed under Company Law.
  2. What do you understand by registration and incorporation of a company? Discuss its advantages and disadvantages.
  3. What are debentures? How do debentures differ from shares? Explain their importance in capital management.

[42]

  1. Write two differences between a public company and private company.
  2. Define statement in lieu of prospectus.
  3. State the Legal provisions regarding qualification shares of directors.

[43]

  1. What is compulsory winding up of a company by Court?
  2. Explain the steps to be taken or a procedure to be followed for incorporation of a public company.
  3. Explain the provisions of the Indian Companies Act, 1956 for the prevention of oppression and mismanagement in a company.

[44]

  1. What is a private company? What is the difference between a private company and public company?
  2. Describe the duties of directors.
  3. What are the powers given to the Central Government by the Companies Act, 1956 for the prevention of oppression and mismanagement in a company?

[45]

  1. How is the name clause of Memorandum of Association Altered?
  2. What do you mean by Surrender of Shares?
  3. What are the different kinds of meetings of the shareholders of a company? When and how are these meetings held?

[46]

  1. What do you mean by creditor's meeting?
  2. Distinguish between Managing Director and Manager of a Company.
  3. Distinguish between dissolution and winding up. State briefly the various methods of winding up of a company.

[47]

  1. Conservation of Capital is one of the main principles of a company. Discuss this statement in the light of the procedure for reduction of capital.
  2. Critically explain the doctrines of 'Constructive notice' and 'Indoor management' and state the relevance of these doctrines with regard to the borrowing powers of a company and its directors.
  3. What do you mean by the winding up of a company? When can a company be wound up on just and equitable grounds?

[48]

  1. What is take-over? Discuss the various provisions related to take-over in Company Law.
  2. Critically examine the legal position of directors and appropriation of corporate opportunity with the help of relevant case law.
  3. Prospectus is a window through which a company is displayed to the public. Any mischief in such a display leads to civil and criminal consequences for persons responsible for issuing the prospectus. Comment.

[49]

  1. What is take-over? Discuss the various provisions related to take-over in Company Law.
  2. How and when can a company pay dividends to its shareholders? What are the rules regarding the payment of dividends?
  3. Explain the provisions of the Companies Act regarding 'buy back' of shares and prohibitions on 'buy back'.

[50]

  1. Corporate Social Responsibility is the need of the day. Critically examine it.
  2. Define Company and its essential features. Explain the merits and demerits of incorporation of a company.
  3. Discuss in detail the concept of amalgamation and its related issues.

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