Search for Important Questions

Important Questions for "company law":

[1]

  1. What do you mean by perpetual succession of a company?
  2. What is a statement of affairs?
  3. State in brief different types of companies.

[2]

  1. State the rules regarding allotment of shares.
  2. Explain in brief the law relating to the holding of the Annual General Meeting of a company.
  3. Define liquidator and discuss his legal position. Is he a trustee?

[3]

  1. Explain the doctrine of Ultra Vires.
  2. What do you understand by 'Memorandum of Association'? What are its clauses?
  3. Define 'prospectus'. What particulars are given in the prospectus?

[4]

  1. Define liability of members as per company law.
  2. What is the objective of portfolio diversification?
  3. What are sweat equity shares?

[5]

  1. How and in what circumstances can a company reduce, increase or reorganize its share capital?
  2. What is the difference between stock and shares?
  3. What are the statutory provisions regarding the holding of an annual general meeting? What business is transacted at such a meeting?

[6]

  1. What are the different kinds of meetings of the shareholders of a company? When and how are these meetings held?
  2. What is meant by balancing the rights of the majority and minority shareholders for the smooth function of a company?
  3. Define winding up of a company. What are the different modes of winding up?

[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 journal entries made in the books of purchasing company in case of amalgamation of company?

[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 types of Companies.

[9]

  1. Discuss the Doctrine of Indoor Management.
  2. What is the difference between Pledge and Mortgage?
  3. What is a Floating Charge? Give differences between floating and fixed charges.

[10]

  1. Differentiate between a private company and a public company.
  2. Discuss the rule of lifting of corporate veil in detail.
  3. Discuss the legal position of directors.

[11]

  1. Role of National Company Law Tribunal and related appointments.
  2. Disclosures required in company reports related to Differential Voting Rights shares.
  3. Types and classifications of companies, share capital specifics, and memorandum clauses.

[12]

  1. What is the minimum number of directors required for a public company?
  2. What is the significance of Section 43 of the Companies Act, 2013?
  3. Explain the responsibilities of official liquidators regarding asset disposal under the Companies Act, 2013.

[13]

  1. Who may be a member of a company?
  2. What is Statement in lieu of prospectus?
  3. Distinguish between a fixed charge and a floating charge.

[14]

  1. State the circumstances under which a company may be wound up.
  2. What do you mean by Public Company?
  3. Define the prospectus of a company.

[15]

  1. Differentiate between a company and a partnership firm.
  2. What do you mean by private company?
  3. Write a short note on kinds of company meetings.

[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. Write in detail the advantages and disadvantages of incorporation of a company.
  3. Define reconstruction and amalgamation. How can such a scheme be sanctioned by the Court?

[17]

  1. What do you understand by Incorporation?
  2. What do you understand by dividend?
  3. Explain the functions of liquidator.

[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. Explain the 'Corporate Personality' of a company and point out its characteristics.
  3. Functions of an 'Issuing House'.

[20]

  1. Write a comment on the consequences of unauthorised borrowing.
  2. Explain member and shareholder of a company.
  3. Explain doctrine of Foss vs. Harbottle.

[21]

  1. Under what circumstances can a director be removed?
  2. Explain the doctrine of Ultra-Vires.
  3. What is the difference between transfer and transmission of Shares? Under what circumstances and how can a company transfer its shares?

[22]

  1. Give the definition of articles and state its meaning.
  2. State the difference between prospectus and statement in lieu of prospectus.
  3. What do you understand by winding up of company? When can the Tribunal do winding up?

[23]

  1. What is Promotion of Company?
  2. Explain the doctrine of Ultra-vires.
  3. Explain the provisions of the Companies Act relating to Managing Director.

[24]

  1. Distinguish between Public Company and Private Company.
  2. Explain the rule in Foss versus Harbottle. What are its exceptions?
  3. Distinguish between a member and a shareholder. What is the procedure for issuance and allotment of shares as well as forfeiture of shares?

[25]

  1. Discuss the doctrine of ultra vires in Company Law with reference to cases decided by Indian Courts.
  2. What is the doctrine of constructive notice?
  3. What are the modes of winding up of 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. The Tribunal may make a winding-up order if it is of the opinion that it is 'just and equitable.' Explain.
  3. Describe in detail the appointment, removal and qualifications of an Auditor to a Company. What are his powers and duties under the Companies Act?

[27]

  1. State the circumstances under which the corporate veil of a company is lifted and separate legal existence of it is ignored.
  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. State the fact and legal principle established in 'Aishbury Railway Carriage and Iron Co. Ltd. Vs. Riche (1875)'.
  2. Distinguish between 'Public and Private Company'.
  3. Who are liable for misstatement in a prospectus? Explain the extent of civil and criminal liability for such misstatement.

[29]

  1. Doctrine of Indoor management is an exception to the doctrine of constructive notice. Discuss.
  2. Discuss the civil and criminal liability for mis-statement in prospectus.
  3. What are the producer companies? What is the purpose of a producer company?

[30]

  1. What do you mean by Holding Company and Subsidiary Company?
  2. Discuss the rule of lifting of Corporate Veil in detail.
  3. What do you mean by Board of Directors of the company and what are the powers of Board of Directors of the Company?

[31]

  1. What is illegal association under Section 11 of the Companies Act?
  2. What are: (a) 'A' List of contributories (b) 'B' List of contributories?
  3. Define a 'Promoter' and discuss the liabilities of promoters.

[32]

  1. What is extra-ordinary meeting of company?
  2. Distinguish between Transfer and Transmission of shares.
  3. What are the characteristics of an Incorporated company? Explain with the help of decided cases.

[33]

  1. Write a short note on forfeiture of shares.
  2. What do you understand by winding-up of a company? Discuss the various modes of winding-up.
  3. Define company. Discuss the features of a company.

[34]

  1. What is the difference between a shareholder and a debentureholder? Explain.
  2. What do you understand by Memorandum of Association? Briefly state its various clauses and also write its difference from Article of Association.
  3. What do you mean by meeting? Discuss the kinds of meeting under the Companies Act, 2013.

[35]

  1. Explain briefly the steps involved in registration of a company.
  2. What do you mean by Doctrine of Ultra Vires?
  3. What do you mean by Indoor Management? Classify.

[36]

  1. What is meant by share in context of share capital of a company?
  2. What are the disadvantages of Incorporation? Discuss.
  3. Explain the doctrine of 'Ultra Vires' at length.

[37]

  1. Why is 'Certificate of Incorporation' considered important?
  2. What is winding-up? When can a company be wound up by the tribunal?
  3. Explain the concepts of 'Mismanagement' and 'Oppression' with examples.

[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 a company prospectus? What remedies are open to a person who has been induced to take shares in a company by misrepresentation in the prospectus?

[40]

  1. What are the powers of directors? What are its duties under the Companies Act? State briefly their liabilities.
  2. Discuss the statutory provisions of the Companies Act relating to the appointment of a managing director in a company.
  3. Explain the different types of general meetings 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. Define a company and discuss its legal management as per the Companies Act.
  3. How are meetings important in the management of a company? Discuss the significance of an extraordinary general meeting.

[42]

  1. State the Legal provisions regarding qualification shares of directors.
  2. What do you mean by an Extra ordinary general meeting of a company? Who and under what circumstances can call such a meeting?
  3. What do you mean by share capital? Discuss the various types of share capital.

[43]

  1. What is a certificate of incorporation?
  2. How can a Private company be converted into a Public company?
  3. What is statutory report? When is it required to be submitted? What are its contents?

[44]

  1. Write the meaning of statement in lieu of prospectus.
  2. Explain winding-up under supervision of court.
  3. What are the limits of the borrowing powers of a company?

[45]

  1. How is the name clause of Memorandum of Association Altered?
  2. Define 'Promoter'. Discuss the duties and responsibilities of promoters.
  3. What are the different kinds of meetings of the shareholders of a company? When and how are these meetings held?

[46]

  1. What is return of allotment?
  2. Distinguish between Managing Director and Manager of a Company.
  3. "Every meeting, in order to be valid, must be duly convened, properly constituted and conducted." Elucidate.

[47]

  1. Like any juristic person, a company is a legal entity, apart from its members, capable of rights and duties of its own. Elucidate this statement.
  2. Define the expression 'Mismanagement of a company' and critically examine the various administrative and judicial remedies in cases of mismanagement of a company.
  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. Discuss the different kinds of shares. Under what circumstances can a company forfeit shares? What remedies are available against forfeiture?

[49]

  1. What is take-over? Discuss the various provisions related to take-over in Company Law.
  2. The doctrine of ultra vires is an illusory protection to shareholders and a pitfall for third parties. Comment. Has this doctrine become outdated?
  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.

[50]

  1. Prospectus is the only window through which the Potential Investor can look into the soundness of the company's venture. In the light of this statement discuss the remedies available for wrong information mentioned in a Prospectus.
  2. Define Memorandum of Association. How and to what extent can the Memorandum of Association be amended?
  3. Define Company and its essential features. Explain the merits and demerits of incorporation of a company.

GKPAD.COM by SK Yadav | Disclaimer

free counter