LL.B III (Semester Examination 2017
COMPANY LAW
Day Date: Saturday, 22-04-2017 Max. Marks: 70
Time: 10.30 AM to 01.00 PM
N.B. All questions are Compulsory
Figures to the right indicate full marks.
Q.1 Multiple choice questions. 14
the Company are its bye -laws or rules and regulatory
which govern e on its internal affairs and the conduct of its
business.
Memorandum of Association Article of Association
Prospectus None of theses
Doctrine of Indoor management for the first time enunciated in

Foss V Harbottle Royal British Bank V. Tarquand
Bennet Colmen case None of these
determines the object scope and extent of the
activities of the company.
Memorandum of Association Articles of Association
Prospectus None of these
usually contains following main clauses, a Promise
by the company to repay Principle amount on a fixed date. a
promise to pay interest at a fixed rate. a charge on the
company's assets.
share debenture both a b none of these
The invisible and intangible nature of a company makes it
obligatory for this corporate body to appoint some living persons
or persons through whom it may act and carry on its business,
such persons usually called of the company.
Promoters Directors Shareholder none of these
Every company, wherever Public or Private, has to hold a
periodical general meeting of its members annually for the
purpose of transacting its routine ordinary business such a
meeting is called as
Annual general meeting Statutory meeting
Extra ordinary general meeting None of these
Page 1 of 3
SLR-G 99
Which one of the following is a requisite of a valid meeting?
Properly Convened Properly Constituted
Properly Conducted All of these
The Principle that the will of the majority should prevail over the
will of the minority in matters of internal administration of the
company is known as the rule in
Rule in tarquand's Case
Rule in Rylands v. Fletcher Case
Rule in Foss v. Harbottle Case
Rule in Bourlill v. Young Case
takes place when two or more companies are joined to
form a third entity or one is absorbed or blended with another.
Amalgamation Winding up
None of these All of these
10) is a process by which the assets of the company
are collected and realized, its liabilities are discharged and the
net surplus, if any is distributed in accordance with the
company's articles of association.
Amalgamation Reconstruction
Winding up None of these
11) shall be appointed as an Inspector for investigation in
to the affairs of a company under section 210 or 213 of the
Companies Act 2013.
Firm Body Corporate
Only individual None of these
12) Proper Accounting of a company provides for
Afford an opportunity to directors to know the real financial
position of the company.
If enables the share holders to known whether the affairs of
the company are being properly managed.
Enables the creditors to Judge whether the company will be
able to repay the debts.
All of these
13) is a right to participate in the profits made by a
company white it is going on concern and declares dividends
and in the assets of the company in the event of its being
wound up.
Share Debenture Dividend none of these
Page 2 of 3
SLR-G 99
14) The companies must divide their object clause in to
sub-clauses.
Main object Other objects
States to which object extends All of these
Q.2 Write a detail note on Memorandum of Association 14
Q.3 Define share, explain general principle of allotment of shares and
statutory restrictions on allotment calls on share. 14
OR
Write a brief note on winding up of the company.
Q.4 Solve any two 08
Powers and Duties of Directions
Difference between Share holder and Debenture holders
Theories of corporate personality.
Prevention of oppression mismanagement majority Rule. 06
Q.5 Write short notes on any Seven 14
Promoter
Prospectus
Forfeiture Surrender of Share
Amalgamation of company
Dividends
Legal Liability of Company
Advantages of Private Company
Corporate Social Responsibility
Annual general meeting
10) Doctrine of Indore management