LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.Com. DEGREE EXAMINATION – CORPORATE SEC.
FOURTH SEMESTER – APRIL 2012
BC 4501 – COMPANY LAW
Date : 21-04-2012 Dept. No. Max. : 100 Marks
Time : 1:00 – 4:00
PART – A
Answer ALL Questions: (10 x 2 = 20 marks)
- What are the privileges of a Private Company?
- What are preference shares?
- What is a Prospectus?
- Differentiate between Transfer and Transmission of Shares.
- What is meant by Doctrine of Ultra Virus?
- What is Dividend?
- Give the names of any three Statutory Books.
- What is a Holding Company?
- What are the penalties for mis-statements in Prospectus?
- What is a Certificate of Commencement of Business?
PART – B
Answer any FIVE Questions: (5 x 8 = 40 marks)
- What is a ‘Share’? Describe the important types of shares.
- Describe the purpose and contents of ‘Articles of Association’.
- What are the steps in formation of a Public Limited Company?
- Describe briefly the various kinds of Debentures.
- Explain the important statutory provisions relating to payment of interest out of Capital.
- State the characteristics of a Company.
- Write a note on ‘Alteration of Share Capital’.
- What are Preliminary Contracts?
PART – C
Answer any TWO Questions: (2 x 20 = 40 marks)
- What are the clauses of a ‘Memorandum of Association’? Write a note on alteration of a memorandum and its implications.
- Differentiate between ‘Dividend’ and ‘Interest’. Describe the statutory provisions relating to payment of Dividends.
- Describe the contents of Prospectus.
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