Corporate Law Question Paper (Nov-Dec’ 2018)
Gauhati University B.Com 3rd Semester Question Papers
Full Marks: 80
Time: 3 hours
The figures in the margin indicate full marks for the questions
1. (A) Choose the most appropriate answer from the given options in respect of the following: 1x5=5
(1) The minimum number of person(s) who can
form a company under the Companies Amendment Act, 2013 is/are.
(a) 1.
(b) 2.
(c) 3.
(d) 4.
(2) A partnership firm can be a member in
(a) Companies with
chartable objectives.
(b) Companies limited by shares.
(c) Companies limited by
guarantee.
(d) One man companies.
(3) The minimum number of directors in a
public limited company is _______.
(a) 2.
(b) 3.
(c) 4.
(d) 5.
(4) The first Annual General Meeting of a
company must be held within _______ months from the end of the first financial
year.
(a) 6 months.
(b) 9 months.
(c) 12 months.
(d) 18 months.
(5) How a person can become the member of a
company?
(a) By subscribing to the
Memorandum of association.
(b) By transfer of shares.
(c) By principle of
estoppels.
(d) By all of the above
means.
(B) State whether the following statements
are true or false: 1x5=5
(1) A share warrant can be issued only when
the shares are fully paid.
(2) The maximum number of members in a
private limited company is 50.
(3) The Memorandum of Association and
Articles of Association are public documents as per the ‘Doctrine of
constructive notice’.
(4) Denial of inspection of books of accounts
of a company to shareholder is an example of oppression.
(5) Appointment of at least one woman
director is mandatory in listed companies.
2. Answer the following questions in brief: 2x5=10
(1) Under what circumstances a company can
change its name by passing an ordinary resolution?
(2) State any two requisites for a valid
company meeting.
(3) What is meant by ‘transmission of
shares’?
(4) Examine minors’ position as the member of
a company.
(5) What is meant by share qualification of a
director?
3. Answer any four questions: 5x4=20
(1) Differentiate between Memorandum of
Association and Articles of Association. 5
(2) Explain the duties of a Company Secretary
under the Companies Amendment Act, 2013. 5
(3) Explain the meaning and consequences of
irregular allotment. 5
Or
What do you mean by Share? What are the
different types of shares? 5
(4) Discuss the provisions of the Companies
Amendment Act, 2013 regarding the issue of debentures. 5
Or
Write short notes on: 5+5=10
(1) Quorum of company
meetings and
(2) Minutes of meeting.
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