Osmania University · Faculty of Law
Company Law · January 2020
January 2020 · Company Law · Semester 3
FACULTY OF LAW
LL.B. (3 YDC) / LL.B. (Hons.) (3 YDC) II - Year III - Semester Examination, January 2020
Subject: LAW
PAPER - IV: COMPANY LAW
Code: 5120 | Time: 3 Hours | Max. Marks: 80
PART - A (5 x 6 = 30 Marks) — Answer any FIVE of the following:
1. Define Company.
2. Government Company.
3. Who is a Promoter?
4. Define Articles of Association.
5. Doctrine of Ultra Vires.
6. Transmission of Shares.
7. Director Identification Number (DIN).
8. CSR.
PART - B (2 x 15 = 30 Marks) — Answer any TWO of the following questions:
9. Define Company. Explain in detail the types of companies. Describe the relationship between a
company and its members.
10. Explain the contents of Memorandum of Association and Articles of Association. Describe the
relationship between the Memorandum of Association and Articles of Association.
11. Explain the provisions regarding the Annual General Meeting under the Companies Act.
12. What is the winding up of a Company? Explain the circumstances of winding up of a company.
PART - C (2 x 10 = 20 Marks) — Answer any TWO of the following questions:
13. A whole -time director of a company made an invention during the course of his employment
with the company. He patented the invention in his own name and appropriated the benefits to
himself. Can he do so?
14. The Articles of Association of a company reserve the power of calling the AGM to the Board. The
MD of the company, without reference to the Board, calls an AGM. Is the Annual General Meeting
valid?
15. Ramu, who is a member of Alex Ltd., is of unsound mind. Can a shareholder of unsound mind
exercise the voting rights of his membership in the said company? Give your advice.
16. 'X', who is a member of Vivek Ltd., a Public Company, has very recently become insolvent. Can
the insolvent 'X' continue as a member of the company?