DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, MAY 2018.
First Semester
COMPANY LAW AND PRACTICE
(Upto 2012 13 Academic Year and
2013 Calendar Year)
Time Three hours Maximum 100 marks
SECTION A — x 8 40 marks)
Answer any FIVE questions.
1. Describe the classification of companies.
2. What is a Corporate veil? When it is pierced?
3. Give the Statutory provisions with regard to share
warrants.
4. State the salient features of a debenture.
5. What are the qualifications of a director?
6. What do you understand by proxy? Mention the statutory
provisions regarding proxies.
7. Write a note on Annual report and Segmental report.
8. Explain the rights of minority shareholder.
Sub. Code
SECTION B — × 15 60 marks)
Answer any FOUR questions.
9. What is the legal effect on the articles of association
between members and the company? Explain.
10. Who are liable for misstatements in a prospectus?
Explain the extent of criminal liability for such
misstatements.
11. Explain the types of share.
12. When does the resignation of a director become effective?
Explain.
13. Discuss the duties of the chairman.
14. Explain the rights and duties of an auditor.
15. List out the types of winding up.