LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.Com. DEGREE EXAMINATION – COMMERCE
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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
- Answer all the questions: (10×2=20 marks)
- What is Separate Legal entity?
- Define a foreign Company
- What are Provisional Contracts?
- How can you classify Ultra-Vires Acts?
- Define Dividend.
- Mention any four Non-Statutory books to be maintained by a company.
- Define a ‘Secretary’
- Define the term ‘Interim Dividend’.
- What is a Special Resolution?
- Define Minutes.
SECTION-B
- Answer any FIVE questions: (5×8=40 marks)
- Explain the provisions of law governing ‘Holding’ and ‘Subsidiary’ Company.
- Explain the relationship between the Memorandum of Association and Articles of Association.
- State the provisions relating to the body of Accounts – Explain these provisions.
- State the procedure to be followed for the payment of Final Dividend.
- Define ‘Promoters’. What are the main functions?
- “A Certificate of Incorporation is conclusive evidence that all requirements of the Companies Act have been complied with”. Explain.
- What is NCLT? How is it constituted?
- Write Short Notes on:
- Common Seal
- Chartered Companies
- Profits
- Divisible Profits.
SECTION-C
III. Answer any TWO questions: (2×20=40 marks)
- Explain in detail the advantages of Incorporation of a Company.
- What are the Statutory Books and other books that are to be maintained by a Company? Explain any five statutory books in detail.
- Explain in detail the “Doctrine of Indoor Management” and also the exceptions to the Doctrine of Indoor Management.
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