Company Law Question Paper of 3rd Semester B.Com Download Previous Years Question Paper 2

Roll No.

Total No. of Questions : 07

B.Com(Sem.–3rd)

COMPANY LAW

Subject Code : BCOP-302

Paper ID : [B1125]

Time : 3 Hrs.                                        

INSTRUCTION TO CANDIDATES :

1) Section - A is compulsory.

2) Attempt any four questions from Section - B.

Section - A

Q.1.

(a) What is a statutory company?

(b) A private company need not issue a prospectus. Why?

(c) When a statement in lieu of prospectus be issued.

(d) Difference between members and shareholders.

(e) What is meant by quorum?

(f) Meaning of corporate governance.

(g) Cost audit.

(h) Who is contributory?

(i) Who is an official liquidator?

(j) Surrender of shares.

Section –B

Q.2. “A company is a legal person distinct from its members taken individually or collectively.” Discus? Are there any circumstances in which the law would disregard the legal personality of a company?

Q.3. Discus the steps that are taken before a company can commence its business.

Q.4. What do you understand by the memorandum of association? What is its purpose?

Q.5. Who is a director? What are the restrictions on appointment of directors?

Q.6. Who is auditor? How is the auditor of a company appointed?

Q.7. What do you understand by the winding up of a company? What are the various modes of winding up?