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22/218
B.Com. (Part-II) Examination,

2022
First Paper

(BC-2.1)
(Company Law)

Time: Three Hours] [Maximum Marks : 100


sections
questions from all
as
Note: Attempt
p e r instructions.

Section-A

UE-31

Answer Type Questions)


(Very Short
(31t 3TRIA ARA)

Note: Attempt all parts of this question. Give


answer of each part in about 50 words.

P.T.O.
(2)

ÅAfSe 2x10=20
CT 3R T4T 50 T
warrant?
1. (i) What do you mean by share

(ii) Define a director of a company.

of commence-
(ii) Explain the certificate
ment of business.

(iv) Write the meaning of Promotion'

(v) What do you understand by Articles of


Association?

the doctrine of indoor


(vi) Explain
management.

22/218
(3)
Write the meaning of statement
in lieu
(vii)
of prospectus.

difference between
(vii) What is the
shareholders and debentureholders?

the concept of quorum.


(ix) Explain

allotment?
(x) What is irregular

Section-B

EUS-
Questions)
(Short Answer Type

Give answer of
Note Attempt all questions.
200 words.
each question in about
10x5-50

CTTYT 200 TE ÀdSe1


2.
2. What is ProspectusState precisely its
contents.

22/218 P.T.O.
(4)
OR/ 372
Describe briefly the characteristics of the

different kinds of companies

3.
3 What do you mean by the 'member of

a company? Who can be member? Is

the member of a company always its


shareholder?

OR/ 340T

What is mortgage? How does it differ from

charge.

directors?
4.
4. How does company appoints
Write the disqualifications of the directors.

22/218
(5)
OR/ 31qT

Define a 'Managing Director'. Is it neces


sary for every company to appoint manag-

ing director? Explain.

The proceedings of a company is governeed


by resolutions not meetings." Discuss and
enumerate the various types of resolution.

OR/ 3PT
Elucidate the procedure for calling a

statutory meeting of a company and


pointout the contents of a
statutory report.

22/218
P.T.O.
(6)
DIstinguish between
transfer ofshares and
transmission of shares.

OR/ 39T
of members'
Describe the procedure

voluntary winding up of a company.

Section-C

aVE-H

(Long Answer Type Questions)

Note: Attempt any two questions. Give an-


swer of each question in about 500
words.

THT 500 YTEI H afGe 15x2=30


7. What do you understand by winding up of a
company? Discuss the rights and duties of
liquidator in case of winding up by court.

fadaHT bilGel
22/218
(7)
8. What are the powers of directors of a

company? What restrictions have been

imposed by the Companies Act on their

powers? Can a company give loan to its

directors?

9. Discuss the borrowing powers of a compa-

ny. If a company borrows beyond its pow-

ers, what remedies are available to a per-

son who has given money to the company?

and
10. Discuss the
principle of majority rule

What are the provisions of


its exceptions.
of rights of the
companies Act for protection
minority shareholders?

P.T.O.
22/218
(8)

11. "Memorandum of Association is the char-

ter of a company". Examine this statement.

Discuss the rules and procedures to be fol-

lowed for alteration of domicile and


object
clauses of Memorandum of Association.

22/218

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