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II Semester 3 Year LL.B./VI Semester 5 Years B.A.LL.B./B.B.A.LL.B. Examination, December 2016 Company Law

The document contains questions for a Company Law examination. It includes 9 questions, with question 9 containing 2 sub-questions requiring students to solve legal problems related to company law.

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18651 SYEDA AFSHAN
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74 views3 pages

II Semester 3 Year LL.B./VI Semester 5 Years B.A.LL.B./B.B.A.LL.B. Examination, December 2016 Company Law

The document contains questions for a Company Law examination. It includes 9 questions, with question 9 containing 2 sub-questions requiring students to solve legal problems related to company law.

Uploaded by

18651 SYEDA AFSHAN
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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*02020621* 0202/0621

II Semester 3 Year LL.B./VI Semester 5 Years B.A.LL.B./B.B.A.LL.B.


Examination, December 2016
COMPANY LAW

Duration : 3 Hours Max. Marks : 100

Instructions : 1. Answer Q. No. 9 and any 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
only.
ÓÜãaÜ®æWÜÙÜá : 1. ±ÜÅÍæ° 9 ÊÜáñÜᤠC®Üá°Ú¨Ü ±ÜÅÍæ°WÜÙÜÈÉ ¿ÞÊÜâ¨æà I¨Üá ±ÜÅÍæ°WÜÙÜ®Üá° EñܤÄÔÄ.
2. ±ÜÅÍæ° 9 PæR 20 AíPÜWÜÙÜá ÖÝWÜã C®Üá°Ú¨Ü ±ÜÅÍæ°WÜÚWæ ñÜÇÝ 16 AíPÜWÜÙÜá.
3. EñܤÃÜWÜÙÜ®Üá° BíWÜÉ »ÝÐæ¿áÇÝÉWÜÈ A¥ÜÊÝ PܮܰvܨÜÇÝÉWÜÈ ŸÃæ¿áñÜPÜR¨Üáª.

Q. No. 1. Explain the circumstances in which the “Corporate Veil” of the


company will be lifted by the court. Marks : 16
®Ý¿ÞÆ¿á©í¨Ü PÜí±Ü¯¿á ÓÜíÓݧ ÓÜÌÃÜã±Ü¨Ü ÊÜááÓÜáPÜ®Üá° ÓÜÄÓÜÆá ¯àvÜáÊÜ
B¨æàÍÜPæR CÃÜáÊÜ ÓÜí¨Ü»ÜìWÜÙÜ®Üá° ËÊÜÄÔ.

Q. No. 2. “Company cannot be sued for pre-incorporation contracts.”


Discuss. Marks : 16
""ÓÜíÓݧ±Ü®Ý ±ÜäÊÜì PÜÃÝÃÜáWÜÚWæ PÜí±Ü¯¿á ËÃÜá¨Üœ ¨ÝÊæ ÖÜãvÜáÊÜí£ÆÉ.''
aÜbìÔÄ.

Q. No. 3. Explain the doctrine of Indoor Management with exceptions. Marks : 16


JÙÝvÜÚñÜ Ô¨ÝœíñÜ樆 áÜ ° A±ÜÊݨÜWÙÜ ã
æ í©Wæ ËÊÜÄÔ.

Q. No. 4. Define “Prospectus”. What are the remedies available for


misrepresentation in the prospectus ? Explain. Marks : 16
""±ÜÄaÜ¿á ±ÜñÅÜ ''ÊÜ®áÜ ° ÊÝÂTݯÔ. ±ÜÄaÜ¿á ±ÜñÅÜ ¨È
Ü É®Ü ñܱâÜ ³ ÖæàÚPæWÚÜ Wæ CÃÜáÊÜ
±ÜÄÖÝÃÜWÜÙÝÊÜâÊÜâ ? ËÊÜÄÔ.

P.T.O.
0202/0621 -2- *02020621*

Q. No. 5. State the powers and duties of directors in the company. Marks : 16
PÜí±Ü¯¿á ¯¨æàìÍÜPÜÃÜ A—PÝÃÜ ÊÜáñÜᤠPÜñÜìÊÜÂWÜÙÜ®Üá° £ÚÔÄ.

Q. No. 6. Explain the different types of share capital. Marks : 16


ÍæàÃÜá ŸívÜÊÝÙÜ¨Ü ËË«Ü ±ÜÅPÝÃÜWÙÜ ®Ü áÜ ° ËÊÜÄÔ.

Q. No. 7. Discuss the members’ voluntary winding up of the company. Marks : 16


ÓܨÓÜ ÂÜ ÃÜ ÓÜÌ&CaæfÀáí¨Ü PÜí±Ü¯¿á ÓÜÊÞ
Ü ±Ü®¿
æ á PÜáÄñÜá aÜbìÔ.

Q. No. 8. Write short notes on any two of the following : Marks : 8×2=16
PæÙXÜ ®Ü ¿ÞÊÜâ¨Ý¨ÜÃã
Ü GÃÜvPÜ Ræ ÆZá q±Ü~
³ ŸÃæÀáÄ :
a) Doctrine of ultra vires.
A—PÝÃÝ£àñÜ Ô¨ÝœíñÜ.
b) Forfeiture of shares.
ÍæàÃÜáWÜÙÜ ÊÜááoárWæãàÆá.
c) Rule laid down in “Foss V/s Harbottle”.
""´æäàӅ ËÃÜá¨Üœ ÖÜÃܸÝoDž'' ±ÜÅPÜÃÜ|¨ÜÈÉ®Ü ¯¿áÊÜá.

Q. No. 9. Solve any two of the following problems : Marks : 2×10=20


PæÙXÜ ®Ü ¿ÞÊÜâ¨Ý¨ÜÃã
Ü GÃÜváÜ ÓÜÊáÜ ÓæÂWÜÚWæ ±ÜÄÖÝÃÜ £ÚÔÄ :
a) ‘A’ transferred certain land to ‘B’ on a condition that ‘B’ would
never sell the land to coloured persons. ‘B’ sold the land to a
company composed exclusively of Negros. ‘A’ took action for
the annulment of the transfer on the ground that property had
passed to coloured persons. Will he succeed ?
"A' ñܮܰ »ÜãËá¿á®Üá° ÊÜ~ìà¿á g®ÜÄWæ ÊÜÞÃܸÝÃܨæíŸ ÐÜÃÜ£¤®æãí©Wæ
"Ÿ'¯Wæ ÊÜÞÃÜáÊÜ®Üá. "Ÿ' ®Üá A¨Ü®Üá° ¯WæãÅàWÜÚí¨ÜÇæà PÜãw¨Ü PÜí±Ü¯Wæ
ÊÜÞÃÜáñݤ®æ. "A' ®Üá ñܮܰ ÐÜÃÜñÜᤠEÆÉíZ®æ¿ÞX¨æ GíŸ PÝÃÜ|¨Ü ÊæáàÇæ
ÊÜÞÃÝoÊÜ®Üá° ÃܨÜáªWæãÚÓÜáÊÜíñæ ¨ÝÊæ ÖÜãvÜáÊÜ®Üá. AÊÜ®Üá g¿á
WÜÚÓÜáÊÜ®æà ?
*02020621* -3- 0202/0621

b) A Company’s Articles provides that a member who becomes


bankrupt shall often for sale of his shares to other share holders
at the price fixed by the directors. Decide the validity of the
provision.
Jí¨Üá PÜí±Ü¯¿á ÈUñÜ PÜorÙæ¿áá ñܮܰ ÓܨÜÓÜÂÃÜá ©ÊÝÚ¿ÞX¨ÜªÈÉ BñÜ®Üá
ñÜ®æ°ÇÝÉ ÍæàÃÜáWÜÙÜ®Üá° CñÜÃÜ ÍæàÃÜá¨ÝÃÜÄWæ PÜí±Ü¯¿á ¯¨æàìÍÜPÜÃÜá
WæãñÜᤱw
Ü Ô¨Ü ¸æÇWæ æ ÊÜÞÃÝo ÊÜÞvܸàæ PæíŸ ¯¿áÊÜáÊÜ®áÜ ° Öæãí©ÃÜáñܤ¨.æ
D ¯¿áÊÜÞÊÜÚ¿á FiìñÜñæ¿á®Üá° ¯«ÜìÄÔ.
c) The directors of a company by two resolutions resolved to
make a call. But neither resolutions have specified the date
and amount of payment. Is the call valid ?
Jí¨Üá PÜí±Ü¯¿á ¯¨æàìÍÜPÜÃÜá ÍæàÃÜáWÜÙÜ Êæáà騆 PÜíñÜá ÖÜ|PÝRX GÃÜvÜá
WæãñÜá¤ÊÚÜ WÜÙÜ ÊÜáãÆPÜ PÜÃæ ÊÜÞw¨ÜÃáÜ , B¨ÜÃæ ¿ÞÊÜâ¨æà WæãñÜá¤ÊÚÜ ¿áÆãÉ
©®ÝíPÜ ÊÜáñÜᤠÖÜ|¨Ü ÊæãñܤÊÜ®Üá° ®ÜÊÜáã©ÔÃÜáÊÜâ©ÆÉ . D PÜÃæ¿áá
FiìñÜÊæà ?
________________

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