LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

   B.B.A. DEGREE EXAMINATION – BUSINESS ADMINISTRATION

THIRD SEMESTER – NOVEMBER 2010

BU 3501 – COMPANY LAW & SEC. PRACTICE

 

 

 

Date : 02-11-10                     Dept. No.                                                   Max. : 100 Marks

Time : 9:00 – 12:00

 

SECTION – A

 

ANSWER ALL THE QUESTIONS.                                                                              (10 x 2=20)

 

1. Explain the concept of ‘limited liability’.
2. What is minimum subscription?
3. Who can become a company secretary?
4. Mention the purposes of Memorandum of Association.
5. Define prospectus.
6. List the statutory book to be maintained by a company.
7. Define dividend.
8. What is Articles of Association?
9. When is a notice given?
10. Give the meaning of ‘minutes’.

SECTION – B

 

ANSWER ANY FIVE QUESTIONS.                                                                           (5 x 8=40)

 

11. Distinguish between a public and a private company.
12. Enumerate the differences between memorandum and articles of association.
13. What are various duties of a company secretary under Companies Act?
14. Discuss the secretarial duties relating to payment of dividend.
15. Draft an ordinary and a special resolution.
16. Discuss the important provisions relating to foreign companies.
17. Who is a Promoter? Explain the main functions of a Promoter.
18. Explain the characteristics of a joint stock company.

 

SECTION – C

 

ANSWER ANY TWO QUESTIONS.                                                                                   (2 x 20=40)

 

19. Discuss the privileges and exemptions available to all Private Companies.
20. Write a note on (a) Doctrine of ultra vires. (b) General principles of drafting.
21. Explain the contents of memorandum of association and the procedure for alteration.

 

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