LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.B.A. DEGREE EXAMINATION – BUSINESS ADMINISTRATION
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THIRD SEMESTER – November 2008
BU 3501 – COMPANY LAW & SEC. PRACTICE
Date : 08-11-08 Dept. No. Max. : 100 Marks
Time : 9:00 – 12:00
SECTION – A
Answer ALL the questions. (10×2=20)
- What is perpetual succession?
- Give the expansion of NCLT. State its objective.
- Give the meaning of pre-incorporation contracts.
- What is doctrine of constructive notice?
- Where are the company books of accounts located?
- Who can inspect the books of accounts of a company?
- Define dividend warrant.
- State any two conditions for paying interest out of capital.
- Define company secretary.
- What is a notice?
SECTION – B
Answer any FIVE questions. (5×8=40)
- When is a private company deemed to be a public company
- “A promoter stands in a fiduciary position towards the company he promotes.” Explain.
- Give the secretarial duties regarding maintenance of statutory books of accounts.
- Briefly state the legal provisions regarding the payment of dividend.
- State the duties of the company secretary in connection with the holding of statutory meetings.
- Discuss the effects of Ultra Vires transactions.
- What are the books of accounts a company is bound to maintain?
- Write a note on (a) interim dividend (b) indoor management.
SECTION – C
Answer any TWO questions. (2×20=40)
- What is a company? How is it classified?
- “The memorandum of association is the fundamental charter of a company.” Discuss.
- Draft (a) notice (b) resolution (c) minutes.
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