File Details:

Questions:

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. 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.
4. 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.
5. What is the importance of a 'Statutory meeting' of a company? What is a 'Statutory report'? Give its contents.
6. What do you understand by the 'Rule of majority'? Discuss the circumstances when this rule is discarded for the protection of minority shareholders. Refer to relevant statutory provisions and case law.
7. What are the advantages and disadvantages of mergers and takeovers? When do mergers and takeovers make economic sense?
8. It is usual though not essential for debentures to create a charge on the company's assets. In light of this statement, discuss the characteristics of fixed and floating charges.
9. What do you mean by the winding up of a company? When can a company be wound up on just and equitable grounds?
10. Write a note on the following: Corporate Social Responsibility, Removal of the Directors of a Company.