LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.Com. DEGREE EXAMINATION – COMMERCE
THIRD SEMESTER – APRIL 2012
CO 3501 – COMPANY LAW & SECRETARIAL PRACTICE
Date : 26-04-2012 Dept. No. Max. : 100 Marks
Time : 9:00 – 12:00
PART – A
Answer ALL questions: (10×2=20 marks)
- What is “Separate legal Entity”?
- What is “Lifting of Corporate veil”?
- What are “Provisional Contracts’?
- What are the legal effects of obtaining a “Certificate of incorporation?”
- Mention any FOUR statutory books to be maintained by a company.
- What is “Dividend”?
- What are “Minutes”?
- What are the obligations to be fulfilled by maintaining books of account?
- What is “Doctrine of Ultra Vires”?
- What is NCLT? What does it do?
PART – B
Answer any FIVE questions only: (5×8=40marks)
- Explain the concept of “One Man Company”.
- Define “Promoters”. What are their main functions?
- What are the legal provisions relating to the books of Accounts? Explain.
- What are the legal provisions of the Act regarding the issue of notice for a meeting?
- Discuss the methods by which a person can become a member of a company.
- What is a resolution? What are the provisions of law that a secretary should keep in
mind while putting a resolution to vote?
- What is “Interest”? What are the steps to be taken by the secretary for payment of
interest?
- Draft an agenda for a Board meeting.
PART – C
Answer any TWO questions: (2×20=40marks)
- What are the restrictions imposed on the Company while altering the Articles of
Association? Explain.
- What are the rules to be followed while paying “Dividends”? Explain.
- Draft a Chairman’s Speech for the ensuing Annual General meeting of a
Company.