I.D.
END TERM EXAMINATION, APRIL 2017
B.A.LL.B. (HONS.)
SEMESTER-VIII X
CLS Corporate Regulation (Hons.-I)
Max. Marks: 60 Time Allowed: 3:00 Hrs.
Note: Answer five questions including Question No. 1 which is compulsory. The marks carried by each
question are indicated at the end of the question.
1. Answer the following (each answer should be in approximately 100 words): (Marks 2×10=20)
a. Distinction between Money Market and Capital Market.
b. What do you mean by "Comply or Explain" in CSR?
c. What do you understand by "Business Environment"?
d. What is the need of Ombudsman in Securities Market?
e. Distinguish between Registered Owner and Beneficial Owner under Depository.
f. Individual Shareholder Rights Vs Corporate Membership Rights.
g. What is meant by "Corporate Citizenship"?
h. What do you understand by "Derivate Action of Shareholders"?
i. What do you mean by Unfair Trade Practice?
j. Distinguish between Investigation and Enquiry.
2. Corporate Social Responsibility is a concept that has attracted worldwide attention and acquired a
new tone in the global economy. More generally, CSR is a set of management practices that
ensures the company maximizes the positive impacts of its operations on society. Currently,
business leaders have been challenged to "think beyond their Balance Sheets" to address society's
needs and problems, and the intensity of global competition raises the stakes even higher".
In the light of the above statement, explain the mandatory provisions and case laws pertaining to
Corporate Social Responsibility in India. (Marks 10)
3. "Corporate governance is concerned with holding the balance between economic and social goals
and between individual and communal goals. The governance frame work is there to encourage
the efficient use of resources and equally to require accountability for the stewardship of those
resources. The aim is to align as nearly as possible the interests of individuals, corporations and
society."
In the light of the above statement, explain the role and functions of Independent Director in
ensuring the corporate good governance with the help of legal provisions and case laws.(Marks 10)

4. What do you mean by Dematerialization of Securities? Explain the role and functions of
Depository Participant in the process of Dematerialization of Securities with the relevant
provisions and case laws. (Marks 10)
5. How far it is true that ICDR Regulations 2009 have been proved to be one of the solutions to
improve the Capital Market? Whereas many more frauds are still going on and what is the reason
behind it?
Address the above questions with the support of relevant legal provisions and case laws.
(Marks 10)
6. What do you understand by the term 'Intermediaries'? Briefly explain the role and functions of
Merchant Banker in issue management of a Corporation with the help of relevant legal provisions
and case laws. (Marks 10)
7. Write short notes on any two of the following:-
a. Registrar of Companies
b. Serious Fraud Investigation Office (SFIO)
c. Buy-back of Shares. (Marks 5×2=10)