Osmania University · Faculty of Law
Law of Investments and Securities · May/June 2010
May/June 2010 · Law of Investments and Securities · Semester 6
FACULTY OF LAW
LL.B. (3 Y.D.C.) III Year VI Semester Regular (New) Examination, May / June 2010
LAW Paper - VII - Optional - II (b) : LAW OF INVESTMENTS AND SECURITIES
Code No. : 1183 / N
Time : 3 Hours Max. Marks : 80
PART - A (5 x 6 = 30 Marks)
Answer any five of the following:
1. Redeemable Preference Shares.
2. Secured Premium Notes.
3. Stock Exchange.
4. Statement in Lieu of Prospectus.
5. Interim Dividend.
6. Redeemable Debentures.
7. Investment in other companies.
8. Registration of Mortgages by a Company.
PART - B (2 x 15 = 30 Marks)
Answer any two of the following:
9. Give an account of the various penalties prescribed under SEBI, 1992.
10. Examine the salient features of the Depositories Act, 1996.
11. Distinguish share transfer and share transmission and state the norms governing processing of share
transfers.
12. 'Inspite of suitable legislative measures, the Indian Financial system remains weak.' - Comment.
PART - C (2 x 10 = 20 Marks)
Answer any two questions:
13. A debenture holder in a company wanted to inspect the company's (a) Debenture Trust Deed, and (b)
Register of Members and Debenture-Holders, and to take copies of them. Can he do so?
14. Board of Directors of a company in a meeting resolved to declare an Interim Dividend and later passed a
resolution rescinding the earlier resolution. One shareholder argues that it amounted to a debt enforceable
against the company. Can he succeed?
15. A company created a charge on 'all its assets including machinery etc., now lying or that may be
brought hereafter until payment' in favour of an institution to secure payment of a loan taken by it from
the institution. It was argued by the other creditors that it was only a fixed charge. Will they succeed?
16. Coimbattore Stock-Exchange wants to admit a partnership firm as a member. Can it do so?