My Profile
Active Members
TodayLast 7 Days
more...
Awards & Gifts
Online Exams
Fresher Jobs
Our fresher job section is exclusively for fresh graduates! Find jobs for freshers in major Indian
cities including Bangalore, Chennai, Hyderabad, Pune or Kochi
Resources
Find educational articles, blogs, discussion threads and other resources.
Colleges
Find details about any college in India or search for courses.
|
Download Model question papers & previous years question papers
|
Posted By: Praveen Kumaar Member Level: Gold Posted Date: 28 Mar 2008
|
2003 ICSI Group II - Paper 5 - Company Law Dec 2003 Question paper
|
|
|
Group II - Paper 5 - Company Law
December - 2003
Answer 6 questions including question No.1, which is compulsory.
Q 1 Explain the following : (i) Common seal and its affixation. (ii) A company as a partner. (iii) Interim dividend. (iv) Corporate identity number (CIN) (v) Investors education and protection fund [4 x 5 = 20 marks].
Q 2 (a) What are the features of a corporate form of business enterprise? (b) What is the ‘doctrine of constructive notice’? Explain with case law. (c) What do you mean by ‘lifting of corporate veil’? [8+4+4 = 16 marks]
Q 3. (a) State the modes of acquiring membership in a company. (b) Can a member be expelled from a company? Discuss with reference to a case law. (c) What securities are eligible for dematerialisation? (d) Briefly state the manner of surrender of shares [4x 4 = 16 marks].
Q 4. (a) In a private limited company, there are only two directors on the Board. A Board meeting convened was adjourned for want of quorum. At the adjourned meeting, inspite of quorum not being present, resolutions were passed as per the agenda. Discuss the validity of resolutions so passed. (b) Anubhav Ltd. held four Board meetings in a calendar year with an interval of more than 3 months in between two Board meetings. Comment. (c) Manoj was the chairman of a company and borrowed Rs 5 lakh from State Bank of India, Patna under a promissory note. A suit was filed for the recovery of the debts on the basis of the pronote executed by the chairman. The company refused to accept the liability on the plea that the chairman had borrowed funds without authorization from the company. Will the company succeed? Explain. (d) Whether a chairman of the Board can be removed by shareholders in a general meeting? [4 x 4 = 16 marks]
Q 5 (a) Define ‘small shareholders’. Can a person hold office as small sharholders’ director in three companies at the same time? (b) Humlog Ltd. received a letter from IDBI on 1st March, 2003 which has financed the project, requesting the company to appoint Madhavan, General Manager (Operations), IDBI, as a director on its Board with immediate effect, as per the terms of sanction. Does his appointment require any other approval? Is he liable for retirement by rotation? (c) Explain the provisions relating to tenure of office of auditors under various circumstances [4+4+8 = 16 marks]
Q 6 Describe the provisions of law concerning ‘compliance certificate’ to be given by a secretary in whole-time practice. Specify eight areas covered by the prescribed format for certification. [16 marks]
Q 7. (a) What are the provisions of the Companies (Acceptance of Deposits) Rules, 1975 for premature re-payment of deposits? (b) Enumerate the steps involved in issue of bonus shares by a listed company. [6+10 = 16 marks]
Q 8. (a) Name the industries which are prohibited to appoint sole selling agents under the Companies Act, 1956. (b) Discuss the law relating to inter-corporate loans and guarantees. [4+12 = 16 marks]
Return to question paper search
|
|
|
Submit Previous Years University Question Papers and make money from adsense revenue sharing program
Are you preparing for a university examination? Download model question papers
and practise before you write the exam.
|
Watch TV Channels
Watch Asianet TV onlineKairali TV in InternetSurya TV onlineAmritha TV Channel
|