LOYOLA COLLEGE (AUTONOMOUS), CHENNAI 600 034
B.B.A.DEGREE EXAMINATION BUSINESS ADMINISTRATION
FOURTHSEMESTER APRIL 2018
16UBC4AL01- ELEMENTS OF COMPANY LAW
Date: 27-04-2018 Dept. No. Max. 100 Marks
Time: 09:00-12:00
SECTION A
ANSWER ALL THE QUESTIONS: 10 X 2 20 MARKS
1. Define a Company.
2. What is meant by Doctrine of Indoor Management?
3. What is meant by Sweat Equity Shares?
4. Give the meaning of registration of Prospectus.
5. Mention any four duties of the members of a company?
6. Bring out the features of LLP.
7. Who are promoters?
8. What are the differences between transfer and transmission of shares?
9. Define Prospectus.
10. What is the liability of members?
SECTION B
ANSWER ANY FOUR QUESTIONS: 4 X 10 40 MARKS
11. Briefly explain the Judicial exceptions in lifting the Corporate Veil of a Company.
12. What is meant by Doctrine of Ultra Vires? Bring out its effects.
13. Differentiate between Equity Shares and Preference Shares. Can a Company issue shares at a Discount?
14. Explain the different types of Prospectus.
15. Explain any ten rights of a member of a Company?
16. Differentiate between Public and Private Companies.
17. Briefly explain the contents of the Memorandum of Association.
SECTION C
ANSWER ANY TWO QUESTIONS: 2 X 20 40 MARKS
18. Explain in detail the different types of companies.
19. What are the stages in the formation of a company?
20. Describe the contents of the Prospectus.
21. What are the modes of acquiring membership and cessation of membership in a Company?