Company Law · Semester 3

Company Law · September 2021

Study aid only. Confirm statute numbers with the current bare Act and the official OU LL.B. (3-YDC) 2024–25 syllabus PDF.

Official previous-year question paper (PDF scan), OU LL.B. Year 2 Semester 1 (III Semester). Download the file; question-to-topic mapping can be added later from this paper.

Osmania University · Faculty of Law

Company Law · September 2021

September 2021 · Company Law · Semester 3

FACULTY OF LAW
LL.B. (3 YDC) / LL.B. (Hons.) (3 YDC) II - Year III - Semester Examination, September 2021
Subject: LAW
PAPER - IV: COMPANY LAW
Code: 722/BL | Time: 3 Hours | Max. Marks: 80
PART - A (4 x 10 = 40 Marks) — Answer any FOUR of the following:
1. Deemed Prospectus.
2. Additional Directors.
3. Interim Dividend.
4. DIN.
5. Depository Participant.
6. Objects Clause.
7. Corporate Veil.
8. Official Liquidator.
PART - B (1 x 20 = 20 Marks) — Answer any ONE of the following questions:
9. A Company has a nationality and residence but no citizenship. Discuss the law.
10. The shares of a Pvt. Ltd. Company are not transferable at all. Critically examine the statement by
quoting case laws.
11. What is a Meeting? Explain the importance of an extra-ordinary general meeting of a company.
12. What is Winding Up? Explain the winding up of a company by the court on the grounds of "Just
and Equitable".
PART - C (1 x 20 = 20 Marks) — Answer any ONE of the following questions:
13. 'X' company purchases a property without the power given in its Memorandum of Association.
What is the legal position of the company with regard to the company?
14. 'A' Pvt. Co. has only 2 shareholders who are also the Directors with equal rights of management
and voting power. The company has made huge profits but there is a complete deadlock in the
management of the company. One of the shareholders applied for the winding up of the company.
Decide.
15. Two Companies X and Y filed a petition under the Companies Act seeking sanctioning of the
scheme of their amalgamation. What are the expected objections from the authorities?
16. An offer by 'A' Co. Ltd. to purchase the whole of the issued share capital of B Co. Ltd. has been
accepted by the holders of 9/10th of the shares. What further steps can be taken by 'A' Co. Ltd. to
acquire the holdings of the dissenting shareholders?

Part A · 6 marks

  1. Deemed Prospectus.
    Year and frequency →
  2. Additional Directors.
    Year and frequency →
  3. Interim Dividend.
    Year and frequency →
  4. DIN.
    Year and frequency →
  5. Depository Participant.
    Year and frequency →
  6. Objects Clause.
    Year and frequency →
  7. Corporate Veil.
    Year and frequency →
  8. Official Liquidator.
    Year and frequency →

Part B · 15 marks

  1. A Company has a nationality and residence but no citizenship. Discuss the law.
    Year and frequency →
  2. The shares of a Pvt. Ltd. Company are not transferable at all. Critically examine the statement by quoting case laws.
    Year and frequency →
  3. What is a Meeting? Explain the importance of an extra-ordinary general meeting of a company.
    Year and frequency →
  4. What is Winding Up? Explain the winding up of a company by the court on the grounds of "Just and Equitable".
    Year and frequency →

Part C · 10 marks

  1. 'X' company purchases a property without the power given in its Memorandum of Association. What is the legal position of the company with regard to the company?
    Year and frequency →
  2. 'A' Pvt. Co. has only 2 shareholders who are also the Directors with equal rights of management and voting power. The company has made huge profits but there is a complete deadlock in the management of the company. One of the shareholders applied for the winding up of the company. Decide.
    Year and frequency →
  3. Two Companies X and Y filed a petition under the Companies Act seeking sanctioning of the scheme of their amalgamation. What are the expected objections from the authorities?
    Year and frequency →
  4. An offer by 'A' Co. Ltd. to purchase the whole of the issued share capital of B Co. Ltd. has been accepted by the holders of 9/10th of the shares. What further steps can be taken by 'A' Co. Ltd. to acquire the holdings of the dissenting shareholders?
    2× in bank Topics: Kinds of shares and transfer
    Year and frequency →