LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.Com. DEGREE EXAMINATION – COMMERCE
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THIRD SEMESTER – November 2008
CO 3501 – COMPANY LAW & SECRETARIAL PRACTICE
Date : 08-11-08 Dept. No. Max. : 100 Marks
Time : 9:00 – 12:00
SECTION – A
- Answer ALL the questions (10×2=20 Marks)
- What is a Common Seal?
- Define “Lifting the Corporate Veil”.
- Define Company Limited by Guarantee.
- Who is a Promoter?
- What is Doctrine of” Ultra-Vires”
- List any four statutory books to be maintained by a company.
- State the Four main considerations which govern the determination of Divisible profits.
- What is the purpose of NCLT?
- What is’ Interest’?
- What are ‘Minutes’?
SECTION – B
- Answer any FIVE Questions. (5×8=40Marks)
- Discuss some of the Disadvantages of a Private Company.
- Explain the significance of ‘Certificate of Incorporation.’.
- Define ‘Promoter’ and State some of the important functions
of a Promoter.
- Explain the binding force of registration of the Memorandum
Of Association and Articles of Association.
- Bring out the important points of differences between Dividend
and Interest.
- State the various Provisions relating to the payment of Interest
out of Capital.
- What is a Special Resolution? State some of the important matters
requiring Special Resolution.
- Explain in detail the provisions relating to Holding and
Subsidiary Company.
SECTION C
- Answer any TWO Questions. (2×20=40Marks)
- Explain in detail the Characteristics of a Company.
- What are the differnces between public and private companies? Draft the chairmens speach to be presented in the annual general meeting of the company.
- What is Memorandum of Association? Explain the various Clauses of Memorandum of Association in Detail.
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