Fourth Year of Five-Year Law Course and Second Year of Three-Year Law Course
Subject: Company Law 74813/74849
Unit-I- FORMATION OF ACOMPANY
1. Define Company. Explain various features of the Company.
2. What do you mean by Company? Explain various kinds of Companies.
3. Explain principle of lifting of corporate veil.
4. What do you mean by Promoter? Discuss legal position of promoters.
5. Discuss various advantages and disadvantages of company
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6. SHORT NOTES
a Pre-incorporation contract
b. Procedure for registration and incorporation of company
LERARY
C. Legal effect of certificate of incorporation
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Unit -II-MEMORANDUM AND ARTICLES OF ASSOCIATION
What is Memorandum of Association? Explain in detail?
2 What is Article of Association? Provide relevant case laws ?
3 Explain in detail Doctrine of Constructive Notice.
4 What is Indoor Management ? Explain its exçeptions ?
5 Explain in detail the binding force of memorandum ?
6 What is Name clause ? Why resembling names not allowed?
7 What is doctrine of ultra vires? Write the consequences of ultra-virus transactions
8 Explain in detail the registered office clause of the memorandum
9 An important step in the formation of a company is to prepare a document called the
memorandum of association. Explain with case laws
10 Can Objects of acompany be changed? Explain.
11 Short notes
a. Doctrine of ultra-virus
b. Object clause
C. Consequences of ultra-virus transactions
d. Alteration of articles S. 14
e. Constructive notice
f. Name clause
Unit- III-- PROSPECTUS
1. Define the 'Prospectus', What are the contents of Prospectus?
2. What do you mncan by Prospectus? Discuss Golden Legacy for issuc of Prospectus with the help
of judicial decisions.
3. Explain the various remedies incase of misreprescntation of prospectus.
4. Discuss the Liability for misstatement in Prospectus.
5. Short Notes
a Golden rule of Prospcctus
Unit IV- SHARES ANDD DEBENTURES
1. Discuss the classification of Share Capital of the Company. How is Preference Share Capital
distinguished from EquityShare Capital?
2. Define and Explain the term "Share". Discuss the general Principles regarding Allotment of
Securities.
3. What are the modcs of becomíng member of a company? Who can become a member of
Company? Can minor, Company, Partnership Firm, Foreigner and Insolvent become member of
acompany?
4. Discuss the collective membership rights mentioned under the Companies Act, 2013.
5. Definc the term Dividend. Explain in details the statutory requirements related to declaration of
dividend mentioned under the Companies Act, 2013.
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6. What is meant by "Debenture"? What are the kinds of debentures mentioned under
Companics Act, 2013?
7. Define the term Charge and explain its types. Discuss the concept Crystallization of Charge.
8. Short Notes
a Share Certificate
b Interim Dividend
C Transfer and Transmission of Shares
d. Alteration and Reduction of Capital
Share Warrant
UNIT V- DIRECTORS
1. Define and explain the term 'Director. State the
qualification and disqualification to appoint a
person as director.
2. Explain in detail the powers and functions of the director of the
company.
3. Explain in detail the duties and liabilities of director of the
company.
4. Explain in detail the provisions of removal, resignation and vacation of the office of
director of
the company.
5. Short notes
a. Appointment of director
b. Legal Position of Director
C. Types of Director
d. Liabilities of Director
UNIT VI -- ACCOUNTS, AUDIT AND MEETINGS
1. Briefly explain the provisions relating Appointment, Qualification and Disqualification,
Removal
and Resignation of Auditor mentioned under the Companies Act, 2013.
2. It is mandatory for every company to conduct Statutory Audit of its Books of Accounts by Statutory
Auditor. Discuss the role of Auditor in the Company along with the Qualification, Disqualification,
Powers and Duties mentioned under the Companies Act, 2013.
3. Section 128() requires every company to prepare and keep the books of accounts and other
relevant books and Financial Statements at the Registered Office of the Company. In the light of
this statement discuss the provisions relating to maintenance, place of keeping,
preservation,
persons responsible to maintain the Books of Account.
4. A General Meeting is a meeting of the members of the Company. Members can
exercise their
powers and can bind the company only at a validly convened and held general meeting. In the light
of this statement explain the various types of shareholders meeting mentioned
under the Companies
Act, 2013.
5 Discuss the various provisions relating to holding of Annual General Meeting mentioned under
Companies Act, 2013.
6 What are the provisions of the Companies Act with regard to the holding of
Extra-ordinary General
Meeting?
7 Short Notes
a. Special Business
b. Ordinary Business
c. Quorum
d. Class Meeting
UNIT VII MINORITY RIGHTS AND WINDING UP OF COMPANY
1. What is Winding Up of a Company? Explain modes of winding up
2. Explain role of NCLT in Winding Up of Company
3. Explain Minority Rights with the help of rule in Foss vs Harbottle case
4. What is compromise and arrangement in the process of Company Winding Up
5. What is winding up of Company? State the consequences of Winding Up
6. Short notes
Rule in Foss vs Harbottle case 9CETH
b. Compromise and Arrangement
C. Role of Official Liquidator ARY
d. NCLT
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e. Majority Powers
UNIT VIII CORPORATE GOVERNANCE
1. What is Corporate Governance? State its importance
2. Write a detailed note on Corporate Social responsibility
3. How Corporate insolvency is resolved under Insolvency and Bankruptcy Code 2016
4. State provisions regarding revival and rehabilitation of sick companies
5. Write detailed note on Inspection, Inquiry and Search
6. Short Notes
Importance of Corporate Governance
b. Rehabilitation of Sick Industries
C. Corporate Social Responsibility
Insolvency and Bankruptcy Code 2016
e. Inspection and Inquiry
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