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The document outlines the end semester examination details for the UG II Semester course 'Business and Corporate Law' at CHRIST (Deemed to be University) in May 2023. It includes general instructions for the exam, course outcomes, and a breakdown of questions across three sections, focusing on corporate law concepts, legal provisions, and case studies. Students are expected to demonstrate their understanding and application of the Companies Act and related commercial laws in their responses.

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pillai.amar
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13 views

bcl qp 2

The document outlines the end semester examination details for the UG II Semester course 'Business and Corporate Law' at CHRIST (Deemed to be University) in May 2023. It includes general instructions for the exam, course outcomes, and a breakdown of questions across three sections, focusing on corporate law concepts, legal provisions, and case studies. Students are expected to demonstrate their understanding and application of the Companies Act and related commercial laws in their responses.

Uploaded by

pillai.amar
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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CHRIST (Deemed to be University), Bengaluru – 560 029

Department of Professional Studies


END SEMESTER EXAMINATION – May 2023
UG II Semester

Programme Name: 2BBA F&A Max. Marks: 100


Course Name: Business and Corporate Law Time: 3 Hrs
Course Code: BBF234
General Instructions:

 All rough work should be done in the answer script. Do not write or scribble in the question
paper except your register number.
 Verify the Course code / Course title & number of pages of questions in the question paper.
 Make sure your mobile phone is switched off and placed at the designated place in the hall.
 Malpractices will be viewed very seriously.
 Answers should be written on both sides of the paper in the answer booklet. No sheets
should be detached from the answer booklet.
 Answers without the question numbers clearly indicated will not be valued. No page should
be left blank in the middle of the answer booklet.

Course Outcomes (COs):


The students will able to
CO1:- Students will able to comprehend and apply the rules and regulations laid out by The
Companies act and it’s supporting enactments in India
CO2:- Interpret statutory provisions related to commercial laws prevalent in India
CO3:- Analyze legal issues arising in day-to-day business transactions
CO4:- Discuss possible solutions to commercial law issues and
CO5:- Outline emerging reform in corporate legal provisions

SECTION A
Answer ALL the questions 5*7 = 35
Q. Questions C RBT
No O
1 Explain the difference between Public Company and Private Company. 1 L2

2 "A corporate business vehicle that enables professional expertise and 2 L3


entrepreneurial initiative to combine and operate in a flexible, innovative,
and efficient manner, providing benefits of limited liability while allowing its
members the flexibility for organizing their internal structure as a
partnership". Critically explain the statement and how is it different from the
Companies Act 2013.
3 Section 2(16) of the Companies Act, 2014 defines charges so as to mean 3 L2
interest or lien created on the property or assets of a company or any of its
undertakings or both as security and includes a mortgage. In context to the
statement classify the feature of Charges.
4 Who are the KMP of a company. What role do they play in the functioning 4 L2

BBF234_Page 1 of 3
of the company?

5 Simplify the understanding of quorum? What is the quorum required for an 5 L3


annual general meeting of a company?

SECTION B
Answer ALL the questions 3*15 =
45
Q. Questions CO RBT
No
1 (a)Chapter XVI of the Companies Act, 2013 deals with the prevention of 1 L2
oppression and mismanagement. The majority rule is normally followed
in the company and thereby, courts do not interfere to protect minority
rights. However, prevention of oppression and mismanagement is an
exception to the rule. What are the provisions in place to prevent
oppression and mismanagement of minority shareholders?
OR
(b) The Registrar of Companies issued a certificate of Incorporation actually
on 8th January, 2022. However, by mistake, the certificate was dated '5th
January, 2022'. An allotment of shares was made on 7th January, 2022.
Could the allotment be declared void on the ground that it was made
before the company was incorporated, as per Companies Act, 2013?
2 (a) How and when can an AGM be held? Can members themselves conduct 3 L3
AGM? Compare with EGM.
OR
(b) A Members Voluntary Liquidation (MVL) is a process that enables
shareholders to appoint a Liquidator in order to formally close down a
solvent company. With reference to the statement explain the Members
Voluntary Liquidation Process.
3 (a) ABC Ltd. Company’s profit and loss account shows Rs. 100 Crores as 4 L3
net profit. Company has appointed Ajay, Vijay and Manoj as Managing
Director, Manager and Whole Time director. Company decides to issue Rs.
30 Crores as managerial remuneration. Evaluate the decision of Company in
the lights of section 196 and Schedule V of the Companies Act, 2013
OR
(b) Explain the meaning, concept and features of a Section 8 Company.

SECTION – C
Compulsory Question 1*20 = 20
Q. C RBT
No Case Study O
1 The Articles of Association of X Ltd. require the personal presence of 7 2 L4
members to constitute quorum of General Meetings. The following persons
were present in the extra–ordinary general meeting to consider the
appointment of Managing Director:
i) A, the representative of Governor of Madhya Pradesh.
ii) B and C, shareholders of preference shares,
iii) D, representing Y Ltd. and Z Ltd.
iv) E, F, G and H as proxies of shareholders

BBF234_Page 2 of 3
Can it be said that the quorum was present in the meeting?
Further Explain the consequences if within half an hour quorum is not
present in the meeting.

Revised Bloom’s Taxonomy (RBT) Levels :


L1 – Remembering L2 – Understanding L3 – Applying
L4 – Analyzing L5 – Evaluating L6 - Creating

BBF234_Page 3 of 3

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