Exam Details

Subject Company Law
Paper
Exam / Course Bachelor Degree in Commerce
Department School of Management Studies (SOMS)
Organization indira gandhi national open university
Position
Exam Date December, 2016
City, State new delhi,


Question Paper

No. of Printed Pages: 4 IECO-0081
BACHELOR'S DEGREE PROGRAMME

Term-End Examination
o If") December, 2016
o o ELECTIVE COURSE: COMMERCE
ECO-008 COMPANY LAW

Time 2 hours Maximum Marks 50 (Weightage
Note: Answer any five questions. All questions carry equal marks.

1. Explain the meaning of "Lifting of corporate veil." Discuss any four circumstances when the corporate veil can be lifted.

2. What are the different stages in formation of a company? Explain them.

3. Explain the relationship and distinction between Memorandum of Association and Articles of Association.

4. Define a Prospectus. What are the remedies available against company and its directors for misrepresentation in the prospectus

5. What are the differences between shares and debentures

6. What is meant by call on shares'? What are the essential requisites of a valid call and forfeiture of shares?

7. Can a company became a director? Discuss the rule regarding number of directors and directorship of a company.

8. What are the different types of meetings of a company? Explain the requisite of a valid meeting.

9. Write short notes on any two of the following: 5+5

Compulsory winding up

Transfer of shares

Doctrine of ultra virus

Private company


Departments

  • Centre for Corporate Education, Training & Consultancy (CCETC)
  • Centre for Corporate Education, Training & Consultancy (CCETC)
  • National Centre for Disability Studies (NCDS)
  • School of Agriculture (SOA)
  • School of Computer and Information Sciences (SOCIS)
  • School of Continuing Education (SOCE)
  • School of Education (SOE)
  • School of Engineering & Technology (SOET)
  • School of Extension and Development Studies (SOEDS)
  • School of Foreign Languages (SOFL)
  • School of Gender Development Studies(SOGDS)
  • School of Health Science (SOHS)
  • School of Humanities (SOH)
  • School of Interdisciplinary and Trans-Disciplinary Studies (SOITDS)
  • School of Journalism and New Media Studies (SOJNMS)
  • School of Law (SOL)
  • School of Management Studies (SOMS)
  • School of Performing Arts and Visual Arts (SOPVA)
  • School of Performing Arts and Visual Arts(SOPVA)
  • School of Sciences (SOS)
  • School of Social Sciences (SOSS)
  • School of Social Work (SOSW)
  • School of Tourism & Hospitality Service Sectoral SOMS (SOTHSM)
  • School of Tourism &Hospitality Service Sectoral SOMS (SOTHSSM)
  • School of Translation Studies and Training (SOTST)
  • School of Vocational Education and Training (SOVET)
  • Staff Training & Research in Distance Education (STRIDE)

Subjects

  • Accountancy-I
  • Accountancy-II
  • Business Environment
  • Business Organisation
  • Company Law
  • Economic Theory
  • Elements of Auditing
  • Elements of Costing
  • Elements of Income Tax
  • Elements of Statistics
  • Management Theory
  • Mercantile Law
  • Money, Banking & Financial Institutions