LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

           B.Com. DEGREE EXAMINATION – COMMERCE

RO 12

THIRD SEMESTER – APRIL 2008

CO 3501 – COMPANY LAW & SECRETARIAL PRACTICE

 

 

 

Date : 29-04-08                  Dept. No.                                        Max. : 100 Marks

Time : 1:00 – 4:00

 

SECTION-A

 

1. Answer all the questions: (10×2=20 marks)

1. What is Separate Legal entity?
2. Define a foreign Company
3. What are Provisional Contracts?
4. How can you classify Ultra-Vires Acts?
5. Define Dividend.
6. Mention any four Non-Statutory books to be maintained by a company.
7. Define a ‘Secretary’
8. Define the term ‘Interim Dividend’.
9. What is a Special Resolution?
10. Define Minutes.

SECTION-B

 

1. Answer any FIVE questions: (5×8=40 marks)

1. Explain the provisions of law governing ‘Holding’ and ‘Subsidiary’ Company.
2. Explain the relationship between the Memorandum of Association and Articles of Association.
3. State the provisions relating to the body of Accounts – Explain these provisions.
4. State the procedure to be followed for the payment of Final Dividend.
5. Define ‘Promoters’. What are the main functions?
6. “A Certificate of Incorporation is conclusive evidence that all requirements of the Companies Act have been complied with”. Explain.
7. What is NCLT? How is it constituted?
8. Write Short Notes on:

1. Common Seal
2. Chartered Companies
3. Profits
4. Divisible Profits.

 

SECTION-C

 

III. Answer any TWO questions:                                        (2×20=40 marks)

1. Explain in detail the advantages of Incorporation of a Company.
2. What are the Statutory Books and other books that are to be maintained by a Company? Explain any five statutory books in detail.
3. Explain in detail the “Doctrine of Indoor Management” and also the exceptions to the Doctrine of Indoor Management.

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