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ll Semester 3 Yr. LL.B.Afl Semester 5 Yr. B.A. LL.B. (Mai. - Min.[t/l Semester
5 Yr. B.A. LL.B./B.B.A. LL.B. (NeMotd) Examination, December20lB
COMPANY LAW
Duration : 3 Hours Max. Marks : "100
lnstructions : 1. Answer Q. No. 9 and five of the remaining questions.
2. Q. No. 9 carries 20 marks and the remaining questions
carry 16 marks each.
3. Answers should be written either in English or Kannada
completely.
Q. No. 1 . Explain the doctrine of 'Lifting the Corporate veil'. Marks : 16
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Q. No. 2. Discuss the fundamentat clauses of lVemorandum of Association
of a company. Marks : 16
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Q. No. 3. Who is a Promoter ? What are his duties and liabilities Marks : 16
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Q" No. 4, What is Prospectus ? Explain its contents. Marks : 16
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Q, No. 5, Explain the procedure for appointment and removal of directors.
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Q. No, 6, Describe the general principles and statutory restrictions for
shares,
allotment of Marks : 16
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Q. No, 7. State the circumstances under which the tribunal can order
for winding up of the company, Marks : 16
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Q. No. B. Write short notes on any two : Marks : 2xB=16
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b) Call on shares
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c) Government company.
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Q. No. 9. Solve any two of the following problems. Marks :2x10=20
a) 'A' is the holder of all shares, except one of a paper company.
'A' insures the company paper in his own name. The paper
is destroyed by fire. Can 'A' recover the loss ?
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b) Articles of Association are altered so as to result in breach
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c) 'X' applied for shares in a company. A letter of appointment
was despatched by the company soon after. But the letter
never reaches'X'. Can 'X' be considered as a shareholder ?
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