CO 2804 – COMPANY LAW

(Also equivalent to CO 2800)

Date & Time : 21-04-2006/FORENOON Dept. No. Max. : 100 Marks

PART – A

Define the following legal terms in 5 lines each: ( 10 x 2 = 20 Marks )

PART – B

Answer any FIVE of the following questions; (Answer should not exceed 2 pages each: (5 x 8 = 40 Marks)

Who is a Promoter? Explain the legal position of a promoter in relation to the company he promotes.
What is the procedure to be followed in altering the articles of association?
What are the differences between stock and shares?
What are the statutory provisions regarding the holding of a statutory meeting?
Explain the ruling in the Foss Vs What are the exceptions to this ruling?
Explain any three methods for appointing directors in a meeting. Who are alternate directors?
Who can be appointed as auditors of a company? What are the rights and powers of an auditor in a company?
Explain the characteristics of a company.

Answer any TWO questions: (Answer should not exceed 4 – 6 pages each:

( 2 x 20 = 40 Marks)

Give the contents of the prospectus.
What are the provisions of the Companies Act for the prevention of oppression of the shareholders and mismanagement in a company.
What are the differences between transfer and transmission of shares. What is the procedure for transferring shares? Do directors have the power to refuse to register the transfer of shares?

Latest Govt Job & Exam Updates: