(i)    Printed Pages: 2                 RollNo.
(ii)   Questions      :9       Sub. Code              4    8      8   4
                              Exam. Code              0    6      7   7
       B.A./B.Com. LL.B. (Hons) 5Years Integrated Course,
                          Semester-8
                                 1059
            COMPANY LAW (Same for B.Com. LL.B.)
                       Paper-I
TimeAllowed : Three Hours]           [Maximum Marks : 80
Note :- (1) Attempt one question each from Unit-I to IV.
        (2) Unit-V is compulsory.
                               UNIT-I
l.     What is lifting of corporate veil ? Discuss the stages involved
       in the incorporation of a company.                        5+10
2.     Explain the various clauses of Memorandum of Association.
       State how they can be amended.                              10+5
                              UNIT-II
3.     What is the role and importance of Prospectus for a company ?
        Elaborate the contents of a Prospectus and liability for mis-
       statement in Prospectus.                                 5+10
4.     What is Dematerialized form of securities ? Differentiate
       between :
       (a) Surrender and forfeiture of shares
       (b) Transfer and transmission of securities.                5+10
 4884tFQL18943                                                 [Turn over
                             T]NIT-III
5.   What is Debt Capital ? Explain the characteristics of fixed and
     floating charge. Also, state the circumstances in which a'floating
     charge' becomes 'fixed charge'.                         5+5+5
6.   Write a detailed note on directors of company.               l5
                            IJNIT--:.IV
7.   What was the nrle laid down in the case of F.oss v. Harbottle ?
     State the law relating to protection of minority shareholders.
                                                                 5+10
8.   (a) Who can apply for winding up by Tribunal ?
     (b) Explain composition andpowers oftheNational Company
           Law Tribunal.                                         5+10
                             TINIT-V
9.   Write notes on :
     (a) Doctrine of Indoor Management
     (b) Kinds of share capital
     (c) Cessation of Membership
     (d) Annual General Meeting
     (e)   Voluntary liquidation underthe Insolvency and Bankruptcy
           Code, 2016.                                        4x5:20
4884tFQZ-t89tS                                                   1000