Corporate and Securities Law — DU B. Voc – Banking Operations Previous Year Question Papers

8. Write short notes on “any 3” of the following : (i) Doctrine of Constructive Notice (ii) Resident Director (iii) Abuse of Dominant Position : Banking, Financial Services and Insurance Each question is of 15 marks. 1. (a) Explain the difference between public company and private company as per Companies (b) What are the judicial provisions of lifting of corporate veil as per Companies Act 2013. (8) 2. (a) Explain the process of dematerialisation of shares through a depository. (7) (b) Write a short note on National Company Law Tribunal. Also highlight various powers of the tribunal. (8) 3. (a) Explain the provisions of “Extra Ordinary General Meeting” as per Companies Act 2013. (7) (b) Who can be an independent director? Explain the provisions of Companies Act relating to the same. (8) 4. (a) Who is a consumer? Under what circumstances a consumer can file a complaint? (7) (b) What are the responsibilities of a consumer as per Consumer Protection Act 2019? (8) with respect to a company. Give example of a suitable case law to support your answer. (7) (b) Explain the various clauses of Memorandum of 6. (a) Discuss the importance of “Articles of Association” for a company. How can a company alter its articles? (7) (b) What are the pre-requisites of a valid meeting? 7. (a) When can a consumer file a complaint to “National Commission”? Also explain its composition, jurisdiction and power. (7) (b) Write a detailed note on various types of prospectuses that a company can issue. Under what circumstances these prospectuses are used? (8)