Corporate Law — DU Bachelor of Business Administration (Financial Investment Analysis) Previous Year Question Papers

IIS TIS :. 'II lage data le de fante sers, y fable peasa, (12). ingle llA (49 4612K). (b) Explain the meaning of pre-incorporation contracts. What is the legal status of pre-incorporation contracts? (c) Explain the procedure for incorpoïation of a company? (5 marks each) (a) Explain the remedies available to an allottee who has subscribed. for shares on the faith of a false " and misleading prospectus. : (b) State the conditions to be satisfied before a company may forfeit the shares. What is the effect of such forfeiture? (c) State the procedure for shifting of the registered office of a company from jurisdiction of one Registrar of Companies to the jurisdiction of another Registrar of Companies within the same State. • (5 marks each) … (a) Distinguish between Memorandum of Association and Articles of Association. (b) What are bonus shares? State the legal provisions in relation to the issue of bonus shares. (c) Explain the different modes of acquiring membership of a company. (5 marks each) 3. (a) State the provisions of the Companies Act, 2013 with regard to vacation of öffice of the director. (b) Can the directors of a company be appointed by the board of directors? Explain the different types of directors appointed by the Board. (c) Distinguish between 'Managing Director' and 'Whole Time Director'. (5 marks each) (a) Explain the provisions relating to holding of annual general meeting. (b) Explain 'ordinary business' and 'special business' which may be transacted in a general meeting of a company. State also the meetings in which such business may be transacted. (c) "A new business cannot be dealt in an adjourned meeting without permission of the chair'. Do you agree with the statement? Give reasons. (5 marks. each) 4. (a) What is dividend? State the legal provisions relating . to the payment of dividend. (b) 'Winding-up is only a process while dissolution puts an end to the existence of a company'. (o) Write a note on National Company Law Tribunal. (5 marks each) (a) Write a short note on Interim Dividend. • (b) Discuss the provisions of the Companies Act, 2013 regarding rotation of auditors. (c) Differentiate between 'associate company' and 'subsidiary company'. (5 marks each). 5. (a) What are the rights of depositories and beneficia owners in a Depository System? (b). Explain various statutory provisions provided by the Companies Act, 2013 related to allotment of shares. (c) What the powers to be exercised in the Board Meeting of a company? (5 marks each) (a) Examine the salient features of the Depositories (b) Explain the manner in which a company can reduce its share capital. (c) Write a note on Proxy. (5 marks each)