LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP
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FOURTH SEMESTER – APRIL 2007
BC 4501 / CR 4501 – COMPANY LAW
Date & Time: 24/04/2007 / 9:00 – 12:00 Dept. No. Max. : 100 Marks
SECTION – A
Answer all the questions (10×2=20 marks)
- What is meant by common seal?
- What is a preliminary contract?
- What is meant by reorganization of share capital?
- What is meant by doctrine of Indoor management?
- Who is an additional director?
- Highlight the rule in Peel’s case.
- What is a Holding company?
- Bring out any two differences between transfer and transmission of shares.
- Who is a managing director?
- What is a share warrant?
SECTION – B
Answer any five questions (5×8 = 40marks)
- “ A company is a legal entity different from its members” In what cases do the
courts ignore this principle?
- Discuss the rules relating to Government Companies.
- Write a note on the fiduciary position of a promoter. How is he remunerated?
- Explain the different types of share capital.
- Discuss the disqualification of directors.
- What are the limitations to the alteration of the Articles of Association?
- Bring out the features of shares. Differenciate between stocks and shares.
- What are the powers of a director which can be exercised at the Board Meeting?
SECTION – C
Answer any two questions (2×20 =40marks)
- Write a note on the contents of the Memorandum of Association
- Give a detailed account of the provisions relating to Managerial Remuneration.
- Discuss the administration of the Companies Act of 1956.