LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

           B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

GF 8

FOURTH SEMESTER – APRIL 2008

BC 4501 – COMPANY LAW

 

 

 

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

Time : 9:00 – 12:00

SECTION – A

 

1. Answer all the questions: 10 x 2 = 20 Marks

 

1. Write a note on NCLT.
2. Who is a promoter?
3. What are preliminary contracts?
4. Define prospectus.
5. Distinguish between equity shares and preference shares.
6. What is meant by Doctrine of ultra vires?
7. Give the meaning of debentures.
8. What do you mean by transmission of shares?
9. Write short notes on books of accounts.
10. What is Register of Charges?

 

 

SECTION – B

 

1. Answer any FIVE questions only: 5 x 8 = 40 Marks

 

11. Highlight the privileges enjoyed by a private limited company.
12. Distinguish between a public limited company and a private limited company.
13. What is a corporate veil? When is it pierced?
14. Discuss the scope of Doctrine of Indoor management along with its exceptions.
15. What are Articles of association? Mention any fourteen of its contents.
16. Who are liable for misstatements in prospectus? Explain the extent of civil and criminal liability for such misstatements.
17. Bring out the statutory rules relating to payment of dividend.
18. Briefly explain the following:

(a) Shelf prospectus (b) Deemed prospectus (c) Payment of interest out of capital

(d) Share warrant

 

 

SECTION – C

 

III. Answer any TWO questions only:                                            2 x 20 = 40 Marks

 

19. Define a Joint stock company. Explain the various classifications of companies.
20. Describe the different stages involved in the formation of a public limited company.
21. Give a detailed account of Statutory and statistical books to be maintained by a public limited company.

 

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