ELEMENTS OF COMPANY LAW B.Com Second Year 205 Questions Bank
1. The Companies Act, 2013: Introduction and Concept
Company and its Formation
Short-Answer Questions
1. Prepare a short note on the background and features of the Companies Act, 2013.
2. Write short notes on the following:
a) Listed company b) Dormant company c) Small company.
3. Define a sick company.
Long-Answer Questions
1. Discuss the nature and characteristics of a company.
2. Explain the types of companies.
3. What are the advantages and disadvantages of a company?
2. Formation and Incorporation of a Company
Stages in the Formation and Incorporation
Short-Answer Questions
1. Write a short note on the legal position of the promoter of a company.
2. What is the significance of pre-incorporation contracts?
3. Mention the steps involved in the process of capital subscription.
Long-Answer Questions
1. Discuss the duties and responsibilities of a promoter.
2. Explain the procedure involved in the registration of a company.
3. Discuss the steps involved in the commencement of business.
3. Principal Documents
Short-Answer Questions
1. What is the meaning of the Memorandum of Association?
2. Write a short note on the significance of the Memorandum of Association.
3. Briefly mention the nature of the Memorandum of Association.
4. What are the limitations of the right of alteration of the Articles of Association?
5. What is the impact of the Doctrine of Indoor Management?
6. What are the contents of the prospectus?
Long-Answer Questions
1. Discuss the contents of the Memorandum of Association.
2. Explain the procedure involved in the alteration of Memorandum of Association.
3. Analyse the significance of the Doctrine of Constructive Notice.
4. Examine the exceptions to the Doctrine of Indoor Management.
5. What are the liabilities for mis-statement in a Prospectus?
4. Capital of the Company
Short-Answer Questions
1. What are the offers included in the expression ‘public offer’?
2. Mention the provisions dealing with the issue of securities by private placement.
3. Write a short note on the procedure for the issue of bonus shares.
4. Define sweat equity shares.
5. List the main features of share capital.
6. Write a short note on the types of shares.
Long-Answer Questions
1. What is the impact of sale of bonus shares on the taxable income of the shareholder?
2. Explain the statutory provisions for allotment of shares.
3. Examine the consequences of improper and irregular allotment of shares.
4. Discuss the requisites of a valid call.
5. Describe the nature and kinds of shares.
0 Comments