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Important Questions for "company law":

[1]

  1. Explain the concept of Share transmission.
  2. What do you mean by whole time director? Distinguish between a managing director and a whole-time director.
  3. When can oppression and mismanagement be complained in a company?

[2]

  1. Distinguish between member's voluntary winding-up and creditor's voluntary winding-up.
  2. What do you understand by promoters of a company? Discuss the duties and liabilities of promoters.
  3. Define Debenture. What are the various kinds of Debenture? State the difference between shareholders and debenture holders.

[3]

  1. What is a company? Is it different from its shareholders? Is it ever possible to lift the corporate veil?
  2. Define 'prospectus'. What particulars are given in the prospectus?
  3. Distinguish between 'Amalgamation' and 'Reconstruction'. When and how can two or more companies be amalgamated in national interest?

[4]

  1. Define liability of members as per company law.
  2. How is portfolio risk measured?
  3. What is the Doctrine of Indoor Management?

[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. What is the difference between stock and shares?
  3. Write short notes on the principle of majority rule and its exceptions.

[6]

  1. What is meant by winding up of a company by the court?
  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. Define a company as per Companies Act, 2013 and give its types.

[8]

  1. What is the difference between Pledge and Mortgage?
  2. What is the difference between the Certificate of Incorporation and Certificate of Commencement?
  3. Explain e-Governance in terms of the Indian Companies Act, 2013.

[9]

  1. What is the Prospectus of the company?
  2. What is the difference between Pledge and Mortgage?
  3. Explain the civil and criminal liabilities for misstatement in prospectus.

[10]

  1. Explain the term Foreign Company.
  2. Discuss the principle of majority and state its exceptions.
  3. Discuss the legal position of directors.

[11]

  1. Role of National Company Law Tribunal and related appointments.
  2. Details on Section 43 related to Kinds of Shares.
  3. Clarifications on membership limits for private limited companies at the time of incorporation.

[12]

  1. What is the minimum number of directors required for a public company?
  2. Who decides the working days calendar for the Tribunal in a year?
  3. What is the significance of Section 43 of the Companies Act, 2013?

[13]

  1. The most important feature of an incorporated company is its distinct and independent legal personality.
  2. Explain Memorandum and Articles of Association.
  3. Describe alteration of name clause of Memorandum.

[14]

  1. State the circumstances under which a company may be wound up.
  2. What do you understand by Government Company?
  3. Discuss the criminal liability of the company.

[15]

  1. What do you mean by a 'Sweat equity share'?
  2. Write a short note on kinds of company meetings.
  3. Define Memorandum of Association and state its importance.

[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. Explain 'winding-up' of a company.
  3. How are the auditors of companies appointed? What are their powers and duties under the Companies Act?

[17]

  1. Explain the functions of a Promoter.
  2. Stating in brief the different kinds of meeting of a company. Discuss the law relating to Annual General Meeting of a company.
  3. Explain the safeguards for the protection of a company from oppression and mismanagement.

[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. Functions of an 'Issuing House'.
  3. What is meant by Memorandum of Association? Describe its subject-matter and differentiate between Memorandum of Association and Articles of Association.

[20]

  1. Whether a company can sue on pre-incorporation contract?
  2. What is meant by special resolution?
  3. Discuss winding up of a company by Tribunal.

[21]

  1. Under what circumstances can a director be removed?
  2. What is annual general meeting? What are the legal provisions for holding an annual general meeting? What functions are performed at such meetings?
  3. What do you understand by winding up of a company? Describe briefly the different modes of winding up.

[22]

  1. Of how many kinds are minutes? Explain.
  2. What is a debenture? Describe methods of issue of debentures.
  3. What do you understand by winding up of company? Discuss duties and liabilities of liquidator.

[23]

  1. Give the meaning of Company.
  2. Define Promoter and explain the functions of a promoter.
  3. Explain the doctrine of Ultra-vires.

[24]

  1. Explain the principle of independent corporate existence with case law.
  2. What do you understand by Memorandum of Association? Distinguish between Memorandum of Association and Article of Association.
  3. Discuss the doctrine of Indoor Management with exception.

[25]

  1. Discuss the doctrine of ultra vires in Company Law with reference to cases decided by Indian Courts.
  2. Explain the rule of majority.
  3. Discuss different kinds of shares.

[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 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.
  3. What do you mean by a promoter? What is his legal position in the Company? Explain his rights, duties and liabilities also.

[27]

  1. Who may be a member of a company?
  2. Prospectus must state truth and nothing but truth. Do you agree with the statement?
  3. 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.

[28]

  1. What is a one-person company?
  2. Discuss the remedies available to the oppressed minority against oppression and mismanagement under the Companies Act.
  3. State the powers and duties of directors as laid down in the Indian Companies Act.

[29]

  1. Discuss the facts and decision of the Salomon Vs. Salomon and Co. Ltd. case.
  2. Why is the appointment of independent directors made by the company?
  3. Discuss the civil and criminal liability for mis-statement in prospectus.

[30]

  1. What do you mean by Doctrine of Ultra-Vires?
  2. What is the 'Doctrine of Indoor Management'?
  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 a Private Company? When does it become a Public Company?
  2. State the power and duties of directors as laid down in the Indian Companies Act.
  3. 'A company is a legal entity distinct from its members'. In what circumstances do courts ignore this principle?

[32]

  1. What are the characteristics of an Incorporated company? Explain with the help of decided cases.
  2. Discuss the position of Directors in a company. What are the powers and duties of a director?
  3. What do you understand by Winding-up? State the grounds on which a company can be compulsorily wound up by the court.

[33]

  1. Write a short note on surrender of shares.
  2. Define company. Discuss the features of a company.
  3. What is the legal position of a director in a company? Discuss the powers and duties of a director.

[34]

  1. Who may be a member of a company?
  2. What is the 'Doctrine of Indoor Management'?
  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. Explain the concept of 'Corporate Social Responsibility'.
  3. Discuss in detail the different modes of winding up of a company.

[36]

  1. What is certificate of Incorporation?
  2. What are the disadvantages of Incorporation? Discuss.
  3. Who are Promoters? Explain their position vis-a-vis the company.

[37]

  1. Explain briefly the concept of 'One Person Company'.
  2. What do you understand by the term 'Declaration of Solvency'?
  3. What is the legal position of Directors in a company? What are their duties?

[38]

  1. What is National Company Law Tribunal?
  2. Differentiate between trust and co-operative society.
  3. What are the macroeconomic stabilization measures taken under the new economic policy?

[39]

  1. Write short notes on 'Corporate Veil'.
  2. What is a statutory meeting?
  3. Is it compulsory for each company to have its own articles? State briefly its contents.

[40]

  1. What is an Annual General Meeting?
  2. Define the term 'promoter'. What are its functions with reference to the company? State the rights of promoter.
  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. What do you understand by registration and incorporation of a company? Discuss its advantages and disadvantages.

[42]

  1. What do you mean by an Extra ordinary general meeting of a company? Who and under what circumstances can call such a meeting?
  2. What are the articles of association? How can they be altered? Discuss the limit upon the power of a company to alter or add the articles of association.
  3. What are the different methods of alteration of share capital of a company? What are the provisions regarded it?

[43]

  1. What is a certificate of incorporation?
  2. What is compulsory winding up of a company by Court?
  3. How can a Private company be converted into a Public company?

[44]

  1. Write the meaning of statement in lieu of prospectus.
  2. What is the difference between mortgage and charge?
  3. Write the subject-matter (contents) of Memorandum of Association.

[45]

  1. What do you mean by Surrender of Shares?
  2. What do you mean by Extraordinary General Meeting?
  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 understand by Articles of Association? Describe its contents.
  2. Distinguish between Managing Director and Manager of a Company.
  3. Give different provisions of the Company Act 1956 for prevention of oppression of minority and mismanagement of a company.

[47]

  1. Define the expression 'Mismanagement of a company' and critically examine the various administrative and judicial remedies in cases of mismanagement of a company.
  2. 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.
  3. What is the importance of a 'Statutory meeting' of a company? What is a 'Statutory report'? Give its contents.

[48]

  1. What is take-over? Discuss the various provisions related to take-over in Company Law.
  2. What do you mean by winding up of a company? When can a company be wound up on just and equitable grounds?
  3. Write a note on the following: Corporate Social Responsibility, Fiduciary Obligation of a Director.

[49]

  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. How and when can a company pay dividends to its shareholders? What are the rules regarding the payment of dividends?

[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. Corporate Social Responsibility is the need of the day. Critically examine it.
  3. Define Company and its essential features. Explain the merits and demerits of incorporation of a company.

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