Company Law LL.B Question Paper : kslu.ac.in

Name of the University : Karnataka State Law University
Degree : LL.B (3 years)
Subject Code/Name : Company Law
Year : I
Semester : II
Document Type : Question Paper
Website : kslu.ac.in

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Jan-2011 : https://www.pdfquestion.in/uploads/kslu.ac.in/4659-0202.pdf
June 2011 : https://www.pdfquestion.in/uploads/kslu.ac.in/4659-e0_0202.pdf
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Dec 2012 : https://www.pdfquestion.in/uploads/kslu.ac.in/4659-2a_0202.pdf
Jan-2012 : https://www.pdfquestion.in/uploads/kslu.ac.in/4659-ea_0202.pdf
Dec 2013 : https://www.pdfquestion.in/uploads/kslu.ac.in/4659-f4_0202-0621.pdf

KSLU Company Law Question Paper

Second Semester of Three Year LL.B. Examination,
Duration : 3 Hours
Max. Marks : 100

Related / Similar Question Paper : IPC Question Paper

Instructions :
1. Answer all 5 questions.
2. One essay type and one short note question or problem from each unit to be attempted, which is referred as part (a) and (b) in all units.
3. Figures to the right indicate marks.
4. Answer should be written either in English or Kannada completely.

January 2011

UNIT – I
Q. No. 1. (a) Explain the doctrine of ‘Lifting the corporate veil’. Marks : 15 OR
“A certificate of incorporation is conclusive evidence that all the requirements of the Companies Act, 1956 have been complied with”. explain.

(b) A Company was incorporated for the purpose of manufacturing chemicals as its main business. It distributed Rs. 50,000/- to University and scientific institutions for scientific and education research. Is it valid ? Marks : 5 OR
A is the holder of all shares, except one of a Paper Co. A insures the company paper in his own name. The paper is destoryed by fire. Can A recover the loss ?

UNIT – II :
Q. No. 2. (a) Explain the doctrine of Ultra-vires. What are the effects of Ultra-vires agreements ? Marks : 15 OR
Explain the procedure and requisites of a valid general meeting.

(b) Articles of Association are altered so as to result in breach of contract entered into by a company with its M.D. Is the alteration valid ? Marks : 5 OR
A Company inserted an advertisment in a newspaper stating that some shares were still available for sale according to the terms of the prospectus of the company which could be obtained on application. Do you consider it as a prospectus ?

UNIT – III :
Q. No. 3. (a) What is meant by allotment of shares ? Explain statutory restrictions and general principles of allotment of shares. Marks : 15 OR
Briefly discuss the circumstances under which a company may be wound up by the court.

(b) A Film Company borrowed a sum of money on the security of all its assets including machinery etc. now lying or that may be brought hereafter until repayment. What kind of charge is it created by the film comp any ? Marks : 5 OR
‘X’ had subscribed the M.O.A. of a company for 100 shares. The company was duly registered but ultimately he took only 10 shares. The company was wound up. What is the extent of ‘X’s liability ?

UNIT – IV :
Q. No. 4. (a) Enumerate the various penalties which can be imposed under the SEBI Act, 1992 for various failures, defaults, non disclosure and other offences. Marks : 15
OR
Discuss when and how the Central government can suspend business of a stock exchange, under the Securities Contracts (Regulation) Act, 1956.

(b) Write a short note on ‘Powers of Central Government’ under the SEBI Act, 1992 Marks : 5 OR
Write a short note on ‘Powers of SEBI under the Securities Contracts (Regulation), Act 1956.

UNIT – V :
Q. No. 5.(a) Discuss the powers of Reserve Bank of India to regulate capital account transactions, under the Foreign Exchange Management Act, 1999. Marks : 15 OR
Discuss the powers of the Competition Commission of India, to enquire into agreements and dominant position of enterprise, under the Competition Act, 2002.

(b) Write a short note on ‘Adjudicating Authority’ under the FEMA, 1999. Marks : 5 OR
Write a short note on ‘Penalty for furnishing incorrect.

Second Semester of 3 Year LL.B. / VI Semester of B.A. LL.B. / B.B.A :
LL.B. ( 5 Years) Examination,  :
COMPANY LAW (Course – II) :

December 2013

UNIT – I :
Q. No.1. (a) Explain the fundamental clauses of Memorandum of Association of a company. Marks : 15 OR
Who is promoter ? What are his powers and liabilities ?

(b) Write a note on certificate of incorporation. Marks : 5 OR
‘A’ holds almost all shares except one in Timber Company and he was substantial creditor also. ‘A’ insured the company’s timber in his own name. Timber having been destroyed by fire, he claims compensation from the insurance company. Will he succeed ?

UNIT – II :
Q. No.2. (a) Notice and Quorum are the essentials of company’s valid meeting. Discuss. Marks : 15 OR
Damages for deceit is one of the remedy for misrepresentation in the prospectus. Elucidate.