Name of the University : Karnataka State Law University
Degree : LLM (Business & Trade Law)
Subject Code/Name : Corporate Governance
Semester : II
Document Type : Model Question Paper
Website : kslu.ac.in
Download Model/Sample Question Paper :
Jan 2011 : https://www.pdfquestion.in/uploads/kslu.ac.in/4862.-ff_0263.pdf
Jan 2012 : https://www.pdfquestion.in/uploads/kslu.ac.in/4862.-19_0263.pdf
Jun 2013 : https://www.pdfquestion.in/uploads/kslu.ac.in/4862.-c0_0263.pdf
Dec 2013 :www.pdfquestion.in/uploads/kslu.ac.in/4862.-5c_0263.pdf
Jun 2014 : https://www.pdfquestion.in/uploads/kslu.ac.in/4862.-12_0263.pdf
KSLU Corporate Governance Question Paper
Second Semester LL.M. Examination, January 2011
Duration : 3 Hours
Max. Marks : 80
Related / Similar Question Paper : KSLU LLM Legal Regulation of Economic Enterprises Question Paper
Instructions
1. Answer all 5 questions.
2. Figures to the right indicate marks.
3. Answers should be written only in English.
Sample Questions
Q. No. 1. (a) “ There are situations where the court will lift the veil of incorporation in order to examine its realities.” In the light of this statement explain the grounds on which the courts may open the corporate veil. Marks : 10 OR
Examine the binding force of Articles of Association. How it can be altered ?
(b) Write short note on :
Conversion of private company into public company. Marks : 6 OR
Alteration of Memorandum of Association.
Q. No. 2. (a) “ It is the function of the Memorandum of Association to delimit and identify the objects in such plain and unambiguous manner that the reader can identify the field of industry within which the corporate activities are to be confined.” In the light of this statement examine the importance of Doctrine of Ultra-Vires. Marks : 10 OR
Who can become the Director of a company ? Critically examine the position of Directors.
(b) Write short note on :
Corporate ethics and code of conduct. Marks : 6 OR
Indoor management and recent developments.
Q. No. 3. (a) What is prospectus of a company ? Critically evaluate the utility of the contents of prospectus. Marks : 10 OR
Discuss the different kinds of shares.
(b) Write short note on : Marks : 6
Kinds of debentures. OR
Transfer and transmission of shares.
Q. No. 4. (a) Critically examine the rights of shareholders. Marks : 10 OR
“A proper balance of the right of majority and minority shareholders is essential for the smooth functioning of the company.” Examine this statement with reference to rule in Foss V. Harboottle.
(b) Write short note on :
Control over company management by shareholders. Marks : 6 OR
Labour participation in management.
Q. No. 5. (a) Who can apply for prevention of oppression ? What are the conditions to be satisfied to entitle a shareholder to some relief ? Marks : 10 OR
Examine the powers of Central Government and National
Company Law Board to prevent oppression and mismanagement.
(b) Write short note on :
Winding up subject to the supervision of the court. Marks : 6 OR
Central government power to appoint directors.
June/July 2014
Second Semester LL.M. (B&T) Examination, :
Duration : 3 Hours
Max. Marks : 80
Instructions :
1. Answer all questions.
2. Figures to the right indicate marks.
Q. No. 1. (a) Memorandum of Association is a document of great importance in relation to the company. Comment. Marks : 10 OR
Company Act gives the subscribers a free hand in drafting Articles of Association. Explain with limitations if any.
(b) Write a note on alteration of Articles of Association. Marks : 6 OR
Write a note on Government Company.
Q. No. 2. (a) Constructive notice is more or less an unreal doctrine. Critically comment. Marks : 10 OR
Even a resolution of a numerical majority at a general meeting cannot impose its will upon the directors when the articles have confided to them the control of the company’s affairs. Explain.
(b) When majority of the shareholders may exercise a power vested in the Board of Directors ? Marks : 6 OR
Restrictions on powers of Board of Directors.
Q. No. 3. (a) Law does not tolerate issues of shares at a discount even in an indirect way. Explain with exceptions, if any. Marks : 10 OR
The right to forfeit shares must be pursued with the greatest exactness. Comment.
(b) Write explanatory note on Foreign Register of members. Marks : 6 OR
What is the effect of lien of shares ?
Q. No. 4. (a) Discuss different kinds of share capital. Marks : 10 OR
Define and distinguish between share capital and debenture capital.
(b) State the procedure for registration of charges. Marks : 6 OR
Briefly state impact of tax laws upon company.
Q. No. 5. (a) When a company shall be deemed to be unable to pay its debts leading to its winding up ? Marks : 10 OR
Write an essay on qualified minority rights.
(b) State the principle laid down in Shanti Prasad Jain v. Kalinga Tubes [AIR 1965 SC 1535]. Marks : 6 OR
Discuss the role of SEBI in Corporate World.
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