Company Law Question Paper '2023, Dibrugarh University B.Com 3rd Sem Question Paper (CBCS)(Non-Honours)

 Dibrugarh University B.Com Question Papers 2023
3 SEM TDC CLAW (CBCS) NH CC 302 
COMMERCE (Non-Honours)
Paper: CC-302
(Company Law)

Full Marks: 80

Pass Marks: 24

Time: 3 hours

The figures in the margin indicate full marks for the questions

1. Choose the correct option:                                     1x4=4

(a) The Companies Act, 1956 was repealed by the

(1) Companies Act, 2002.

(2) Companies Act, 2010.

(3) Companies Act, 2013.

(4) Companies Act, 2015

(b) Registration of a company is

(1) optional.

(2) compulsory.

(c) Which of the following is not file to the registrar at the time of incorporation?

(1) Memorandum of Association.

(2) Articles of Association.

(3) Statutory declaration of compliance.

(4) Prospectus.

(d) “Government companies are audited by CAG.” The statement is

(1) true.

(2) false.

(3) partly true.

(4) partly false.

2. Fill in the blanks:                                          1x4=4

(a) Minimum paid-up capital for a public company is ______.

(b) The share capital of a company may be reduced by ______.

(c) Minimum number of Directors of a private company is ______.

(d) Winding-up of a company is also called as ______.

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

(a) Pre-incorporation contract.

(b) Transmission of share.

(c) Woman director.

(d) Auditor’s report.

(e) Insider trading.

(f) Issue of shares at a discount.

4. Define a company. State in detail the various kinds of companies which can be registered under the Companies Act, 2013.     \4+10=14

Or

Distinguish between private company and public company. How can a private company be converted into public company?          7+7=14

5. Explain the meaning and importance of prospectus. Briefly mention the contents of the prospectus.       2+4+6=12

Or

Explain shortly the salient points of Memorandum of Association of a company. Mention that how the Memorandum can be altered.     6+6=12

6. Explain the provisions of the Companies Act regarding the appointment of Directors, restrictions of their powers and removal.       4+4+4=12

Or

What is a statutory meeting? When and why is it held? What are the contents of the statutory report?    2+5+5=12

7. What are the provisions of the Companies Act relating to qualification, appointment and remuneration of an Auditor? 3+4+3=10

Or

A company registered under the Companies Act is bound to maintain which books of accounts? Also mention some of the important statutory books that a company must maintain.       6+4=10

8. Distinguish between members’ and creditors’ voluntary winding-up.                                 8

Or

What is whistleblowing? Explain the Vigil mechanism established under the Companies Act, 2013.      3+5=8

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