Company Law Question Paper' 2011 (Old course), Dibrugarh University B.Com 4th Sem

1. (a) Discuss in brief the constitution of Board of Company Law Administration. Write the important objectives of Company Law.                       8+6=14

Or

(b) What is Prospectus? What are its contents? Mention the legal rules relating to the issue of Prospectus.          3+6+5= 14

2. (a) Explain the procedure of Transfer of Shares. What restrictions are imposed by the Company Law as regards to transfer of shares?          7+7=14

Or

(b) What is share warrant? Distinguish between a share certificate and a share warrant.         4+10=14

3. (a) What is a Charge? What charge must be registered with registrar of companies? Give three comparisons between fixed charge and floating charge.       3+8+3=14

Or

(b) Explain certificate of Registration of charges and Register of charges. Who can issue certificate of registration of charges and rectification of register of charges?

4. (a) “The register of members is the Prima facia evidence of the correctness of the contents therein.” Comment and state the particulars required to be entered in the register of members.          14

Or

(b) When is a Statutory meeting to be held and which types of companies are required to hold statutory meeting? Discuss the legal provisions relating to the statutory meeting.    4+10=14

5. (a) What is the procedure for removing a director by the company and by the central government? Mention the restriction of number of directorship.                     6+6+2=14

Or

(b) Who is a Managing Director? Mention the important points which are to be noted in respect of appointment of a Managing Director. State the disqualifications of a Managing Director.    4+6+4=14