Total No. of Questions 10] [Total No. of Pages 01
LL.M. DEGREE EXAMINATION, MAY 2017
Second Year
CORPORATE SECURITIES LAW
Securities Law Investor Protection
Time 3 Hours Maximum Marks: 70
Answer Any Five Questions
ALL questions carry equal marks
Q1) Define 'Security' as per Contract Regulation Act, 1956. Explain the Rules for
recognition of a Stock Exchange.
Q2) What is the objective of Depositories Act, 1996? Explain the procedure followed
under this Act in dealing with Securities.
Q3) "Insider- Trading is contrary to the protection of interest of Investors". Discuss
the Regulations issued by SEBI in 1992 in this regard.
Q4) What do you understand by Allotment of Shares? Elaborate the SEBI Guidelines
regarding Preferential Allotment of Shares and Euro-Issue.
Q5) Explain "Securities Lending Scheme" and SEBI Regulation, 1992 in this regard
to Stock Brokers and Sub-brokers.
Q6) What is the procedure for issue of Shares by a Public Limited Company?
Discuss the role of Registrar to an Issue and Share Transfer Agent with
reference to SEBI Regulation, 1993.
Q7) What is Venture Capital Fund? Who is eligible to operate a Venture Capital
Fund? Explain the procedure for Registration of Venture Capital Fund.
Q8) Explain the conditions and procedure for registration of Merchant Banker. State
the responsibilities of Lead Manager.
Q9) Define as per the SEBI (Prohibition of Fraudulent and Unfair Trade
Practices relating to Securities Markets) Regulation, 1996. List the dealings that
are prohibited under this Regulation.
Q10) Answer any TWO of the following:
SEBI (Custodian of Securities) Regulation, 1996.
Obligations of a Merchant Banker.
Underwriters Regulations, 1993.
RBI Direction, 1998 on Acceptance of Public deposits by NBFC