Law of Investments and Securities · Semester 6

Law of Investments and Securities · July/August 2012

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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 3 Semester 2 (VI Semester). Download the file; question-to-topic mapping can be added later from this paper.

Osmania University · Faculty of Law

Law of Investments and Securities · July/August 2012

July/August 2012 · Law of Investments and Securities · Semester 6

FACULTY OF LAW
LL.B. (3 YDC) III Year VI Semester (New) Examination, July / August 2012
Subject : LAW
Paper - V : LAW OF INVESTMENTS AND SECURITIES
Code : 1035 / N
Time : 3 Hours Max. Marks : 80

PART - A (5 x 6 = 30 Marks)
Answer any FIVE of the following:
1. Transfer of Shares.
2. Investment in other companies.
3. Floating Charge.
4. Redeemable Debentures.
5. SEBI Appellate Tribunal.
6. Interim Dividend.
7. Prospectus.
8. Stock Exchange.

PART - B (2 x 15 = 30 Marks)
Answer any TWO questions: (items 10-11 incomplete in source photo)
9. Distinguish share transfer from share transmission and examine the rules relating to processing of share
transfers.
10. Examine the powers and functions of SEBI [text partially cut off in source photo] ... established and the
guidelines for listing of securities.
11. Write a brief note on procedure established and guidelines for listing of securities.
12. Discuss briefly the classification and the law relating to NBFC's.

PART - C (2 x 10 = 20 Marks)
Answer any TWO of the following:
13. A company created a charge on its total assets, including machinery existing or that which may be
bought hereafter, until payment, in favour of an institution for securing payment of a loan taken by it from
the institution. However, the other creditors have termed it as only a fixed charge. Examine whether they
will legally succeed.

14. A company forfeited the shares of a shareholder because he made some derogatory statements against
the board of directors of the company in a public meeting. Examine whether the company is legally entitled
to do so.
15. A debenture holder in a company was keen on inspecting the company's debenture Trust Deed and the
'register of members' and debenture holders and taking copies of them. Is it possible to legally do so?
16. The directors of a company received money on the sale of their shares which was more than the money
received by the other shareholders who sold their shares. The directors held the controlling stock of shares.
The other shareholders claimed that the directors hold the extra money in trust for the selling
shareholders. Is their claim legally justified?

Part A · 6 marks

  1. Transfer of Shares.
    3× in bank Topics: Pledge, transfer and SEBI's role in the depository system
    Year and frequency →
  2. Investment in other companies.
    3× in bank
    Year and frequency →
  3. Floating Charge.
    3× in bank
    Year and frequency →
  4. Redeemable Debentures.
    2× in bank
    Year and frequency →
  5. SEBI Appellate Tribunal.
    2× in bank
    Year and frequency →
  6. Interim Dividend.
    2× in bank
    Year and frequency →
  7. Prospectus.
    2× in bank Topics: Prospectus, deemed prospectus and shelf prospectus
    Year and frequency →
  8. Stock Exchange.
    5× in bank Topics: Recognised stock exchanges and listing
    Year and frequency →

Part B · 15 marks

  1. Distinguish share transfer from share transmission and examine the rules relating to processing of share transfers.
    Topics: Pledge, transfer and SEBI's role in the depository system
    Year and frequency →
  2. Examine the powers and functions of SEBI [text partially cut off in source photo] ... established and the guidelines for listing of securities.
    Topics: Recognised stock exchanges and listing; Contracts in securities and prohibition of undesirable bargains
    Year and frequency →
  3. Write a brief note on procedure established and guidelines for listing of securities.
    Topics: Recognised stock exchanges and listing; Contracts in securities and prohibition of undesirable bargains
    Year and frequency →
  4. Discuss briefly the classification and the law relating to NBFC's.
    Year and frequency →

Part C · 10 marks

  1. A company created a charge on its total assets, including machinery existing or that which may be bought hereafter, until payment, in favour of an institution for securing payment of a loan taken by it from the institution. However, the other creditors have termed it as only a fixed charge. Examine whether they will legally succeed.
    Year and frequency →
  2. A company forfeited the shares of a shareholder because he made some derogatory statements against the board of directors of the company in a public meeting. Examine whether the company is legally entitled to do so.
    Topics: Object, Board and registration of intermediaries
    Year and frequency →
  3. A debenture holder in a company was keen on inspecting the company's debenture Trust Deed and the 'register of members' and debenture holders and taking copies of them. Is it possible to legally do so?
    Year and frequency →
  4. The directors of a company received money on the sale of their shares which was more than the money received by the other shareholders who sold their shares. The directors held the controlling stock of shares. The other shareholders claimed that the directors hold the extra money in trust for the selling shareholders. Is their claim legally justified?
    Topics: Recognised stock exchanges and listing
    Year and frequency →