Corporate Law Question Paper 2022, Dibrugarh University B.Com 2nd Sem CBCS Pattern

Corporate Law Question Paper 2022
Dibrugarh University B.Com 2nd Sem CBCS Pattern
2022 (June/July)
COMMERCE (Core)
Paper: C-204 (Corporate Law)
Full Marks: 80
Pass Marks: 32
Time: 3 hours

The figures in the margin indicate full marks for the questions

1. Write True or False:                   1x8=8

(a) A company being a legal person and having independent existence enjoys the fundamental rights given to the citizens under the Constitution of India.

(b) A certificate of incorporation cannot be challenged on any ground.

(c) Any act which is ultra vires of the company is void and without any legal effect.

(d) The ‘Doctrine of constructive notice’ protects a company against the outsiders.

(e) A person must have Director Identification Number (DIN) to be appointed as director.

(f) A change in company’s name may be effected by passing an ordinary resolution.

(g) The dividend is always declared by the Board of Directors.

(h) The power to order winding-up of a company has been vested in the Tribunal instead of Court under the Companies Act, 2013.

2. Write short notes on any four of the following:              4x4=16

(a) National Company Law Tribunal (NCLT).

(b) One Person Company (OPC).

(c) Doctrine of constructive notice.

(d) Transmission of shares.

(e) Qualification of directors.

(f) Prospectus.

3. (a) Define a Private Company. What are the privileges and exemptions enjoyed by a private company?                 4+8=12

Or

(b) Describe the various stages for incorporation of a public limited company.                  12

4. (a) What is Memorandum of Association? What are its important clauses?                        4+8=12

Or

(b) What do you mean by Articles of Association? Discuss the contents of Articles of Association.             4+8=12

5. (a) Describe the legal position of Directors in a company.                          12

Or

(b) Explain the legal provisions relating to the Annual General Meeting of a company.                   12

6. (a) Explain the legal provisions relating to the appointment of auditors.              12

Or

(b) State the various modes of winding-up of a company.                           12

7. (a) State the rights of depositories and beneficial owner under the Depositories Act, 1996.         8

Or

(b) Explain the legal provisions relating to penalty for various defaults under the Depositories Act, 1996.              8

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