LL.M. (Previous) DEGREE EXAMINATION, MAY 2012.
First Year
Corporate and Securities Law
Paper III — COMPANY MANAGEMENT
Time : Three hours Maximum : 100 marks
Answer any FIVE questions.
All questions carry equal marks.
1. What is the significance of Registered Office Clause? State the rules in relation to memorandum that are to be observed in naming of a company before incorporation?
2. Describe in detail the restrictions imposed on the company before commencing the business.
3. Describe in detail the different types of corporate directors and their powers and duties.
4. Explain the procedure for appointment and removal of an auditor.
5. What are the different kinds of corporate meeting? Explain the significance of these meetings.
6. With the help of decided cases explain the incidence of oppression and mismanagement
in a company. What are the powers of central government in this regard?
7. Foss V. Harbottle is a landmark judgment that established the rule of majority. State the qualifications that tend to protect the interest of minority shareholder.
8. Who can be a director? What are the disqualifications which prevent a person from being appointed as a director?
9. How a Secretary in a company is appointed? What are his rights and duties?
10. Write short notes on any TWO of the following:
(a) Sole Selling Agents
(b) Special Resolution
(c) Name Clause
(d) Annual Returns.
First Year
Corporate and Securities Law
Paper III — COMPANY MANAGEMENT
Time : Three hours Maximum : 100 marks
Answer any FIVE questions.
All questions carry equal marks.
1. What is the significance of Registered Office Clause? State the rules in relation to memorandum that are to be observed in naming of a company before incorporation?
2. Describe in detail the restrictions imposed on the company before commencing the business.
3. Describe in detail the different types of corporate directors and their powers and duties.
4. Explain the procedure for appointment and removal of an auditor.
5. What are the different kinds of corporate meeting? Explain the significance of these meetings.
6. With the help of decided cases explain the incidence of oppression and mismanagement
in a company. What are the powers of central government in this regard?
7. Foss V. Harbottle is a landmark judgment that established the rule of majority. State the qualifications that tend to protect the interest of minority shareholder.
8. Who can be a director? What are the disqualifications which prevent a person from being appointed as a director?
9. How a Secretary in a company is appointed? What are his rights and duties?
10. Write short notes on any TWO of the following:
(a) Sole Selling Agents
(b) Special Resolution
(c) Name Clause
(d) Annual Returns.
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