Science and Policy Studies
Science and Policy Studies
Science and Policy Studies
INSTRUCTIONS TO CANDIDATES
2. Answer ALL questions from Part A and any TWO (2) questions from Part B in the Answer
Booklet. Start each answer on a new page.
3. Do not bring any material into the examination room unless permission is given by the
invigilator.
4. Please check to make sure that this examination pack consists of:
PART A
QUESTION 1
QUESTION 2
Describe the different requirements on declaration of solvency for members' voluntary and
creditors' voluntary winding up.
(8 marks)
QUESTION 3
QUESTION 4
State EIGHT (8) qualifications of a liquidator for company's winding up by the court.
(8 marks)
QUESTION 5
Briefly explain any FOUR (4) compliance for statutory requirements upon issuance of debenture
by public company.
(8 marks)
PARTB
QUESTION 1
The members of Silicon Alley Berhad want to discontinue the company's business and take back
their money to retire in comfort. The company is in a solvent position. They have come to you for
the following advice:
QUESTION 2
Explain the procedure where a company refuses or delays the registration of transfer of shares
under Companies Act 2016.
(20 marks)
QUESTION 3
b) Discuss the power of borrowings for a private company limited by shares. Supports your
answers with statutory law and citation of case law.
(10 marks)