Paper IV

Company Law — question papers

Syllabus topics

Question papers

January/February 2024 · 16 questions
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April/May 2023 · 16 questions
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April/May 2022 · 16 questions
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September 2021 · 16 questions
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January 2020 · 16 questions
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January/February 2019 · 16 questions
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March/April 2018 · 16 questions
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January/February 2017 · 16 questions
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May/June 2016 · 16 questions
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December 2015 · 16 questions
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January/February 2015 · 16 questions
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Questions by frequency and marks

Same question across years counts once; frequency is how many papers it appears in.

Marks Question Years Frequency
6 Doctrine of ultra vires. 2024, 2023, 2022, 2020, 2019, 2016 6×
6 Pre-incorporation contracts. 2024, 2019, 2017, 2016 4×
6 Prospectus. 2018, 2017, 2016 3×
6 Statutory Meeting. 2023, 2016, 2015 3×
10 A public limited company has fifteen directors, four of whom are not subject to retire by rotation. Is it a validly constituted board? Comment. 2022, 2016, 2015 3×
6 Advantages of incorporation. 2017, 2015 2×
6 Amalgamation of companies. 2023, 2022 2×
6 Corporate Social Responsibility. 2019, 2018 2×
6 Debentures. 2024, 2022 2×
6 Definition of Company. 2022, 2019 2×
6 First directors of the company. 2018, 2016 2×
6 Kinds of shares. 2023, 2022 2×
6 Multinational Companies. 2024, 2018 2×
6 Oppression. 2018, 2015 2×
6 Private Company. 2023, 2019 2×
6 Proxy. 2023, 2019 2×
6 Transmission of Shares. 2023, 2020 2×
10 X company had no money to pay directors' fees. The directors thereupon paid into the company's bank account the amount remaining unpaid on their shares and retook the amount as fees. Does this give discharge to the directors' liability to pay on their shares? 2022, 2017 2×
10 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 nine tenths of the shares. What further steps can be taken by "A" Co. Ltd. to acquire the holdings of the dissenting shareholders? 2021, 2018 2×
10 A private company has only two 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. 2021, 2015 2×
15 What are the advantages and disadvantages of incorporation of a company? 2018, 2016 2×
6 Additional Directors. 2021 1×
6 AGM. 2017 1×
6 Define Articles of Association. 2020 1×
6 Capital shares. 2015 1×
6 Certificate of Commencement of Business. 2015 1×
6 Class meeting. 2018 1×
6 Define Company. 2020 1×
6 Company Law Board. 2016 1×
6 Company Secretary. 2017 1×
6 Corporate Governance. 2024 1×
6 Corporate Personality. 2019 1×
6 Corporate Veil. 2021 1×
6 Corporation. 2015 1×
6 Creditors. 2015 1×
6 Creditors' voluntary winding up. 2015 1×
6 CSR. 2020 1×
6 Deemed Prospectus. 2021 1×
6 Depository Participant. 2021 1×
6 Differences between a partnership firm and a company. 2015 1×
6 DIN. 2021 1×
6 Director Identification Number (DIN). 2020 1×
6 Dividends. 2018 1×
6 Doctrine of Constructive Notice. 2015 1×
6 Essential attributes of a Company. 2024 1×
6 Government Company. 2020 1×
6 Indoor management. 2015 1×
6 Interim Dividend. 2021 1×
6 LLP . 2022 1×
6 Managing Director. 2017 1×
6 Mismanagement. 2015 1×
6 National Company Law Appellate Tribunal. 2023 1×
6 NCLAT. 2019 1×
6 Objects Clause. 2021 1×
6 Official Liquidator. 2021 1×
6 Official Liquidator. [partially obscured in source image]. 2017 1×
6 Promoter. 2022 1×
6 Public company. 2016 1×
6 Quorum. 2015 1×
6 Red-herring prospectus. 2022 1×
6 Requisites of a valid meeting. 2024 1×
6 Reserve Capital. 2015 1×
6 Secretary meetings. 2015 1×
6 Separate legal personality of a company. 2017 1×
6 Share certificate. 2024 1×
6 Unlimited Companies. 2015 1×
6 Who is a Promoter? 2020 1×
6 Winding Up. 2018 1×
6 Winding up of the company. 2016 1×
10 The Articles of Association of a company require the instrument appointing a proxy to be received by the company 75 hours before the meeting. Is it a valid requirement? If not, what are its effects? 2022 1×
10 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? 2020 1×
10 The Board of Directors of Ratnakar Ltd. met only 3 times in the previous year. A fourth meeting was adjourned twice for lack of quorum. Does this constitute a violation of the Companies Act? 2017 1×
10 A circus company borrowed a sum of money on the security of all its assets including machinery. What kind of charge is created by the circus company? Examine. 2019 1×
10 Companies 'A' and company 'B' filed a petition before the tribunal seeking the sanctioning of the scheme of amalgamation. What are the objections that can be raised by concerned authorities regarding the scheme? 2024 1×
10 A company altered the objects clause of its memorandum of association by passing a special resolution. A copy of the resolution was filed with the Registrar four months after the passing of the resolution. Can the registrar register the alteration? 2023 1×
10 A company was authorised by its Articles to purchase its own shares. W sold his shares to the company and before the price was paid, the company went into liquidation. Is W entitled to prove in the liquidation for the price of the shares? 2018 1×
10 A company was formed with an object of carrying out banking business but company entered into a contract to construct railway line. Shareholders of a company raised objection as it is against the object of the company. Will they succeed? 2024 1×
10 'X' company lends to Y company on a mortgage of its assets. The procedure laid down in the Articles for such transactions is not complied with. The directors of the two companies are the same. Is the mortgage binding upon 'Y' company? 2018 1×
10 '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? 2021 1×
10 Dharani Limited lends to Balaji Limited on a mortgage of its assets. The procedure laid down in the AOA for such transactions is not complied with. The directors of the two companies are the same. Is the mortgage binding upon Balaji Company? 2023 1×
10 The directors of a company bought shares from 'A'. They disclosed to him that negotiations were conducted for the sale of all the company's shares at a higher price than they were to pay to 'A'. 'A' sued to have the sale set aside. Will he succeed? 2018 1×
10 Directors of a public limited company accepted a bill of exchange on behalf of the company, but the word "limited" was omitted from the name of the company at the time of acceptance. Who can be held liable for payment of the bill? 2015 1×
10 Grace Ltd., a Public Ltd. Company, has received an application from Rosy for transmission of certain shares in her name. Rosy, being the widow of a shareholder, applies for transmission of the shares standing in the name of her deceased husband without producing a succession certificate. Can the company transfer the shares of the deceased member? Discuss. 2015 1×
10 'A' had subscribed to the memorandum of a company for 100 shares. The company was duly registered but ultimately he took only 10 shares. The company was wound up. What is the extent of 'A's liability? Explain. 2019 1×
10 A husband and wife, who were the only two members of a private limited company, were shot dead by dacoits. Does the company also die with them? 2017 1×
10 A joint stock company borrows money from 'Y' beyond its powers. Has 'Y', a shareholder, any remedy against the company or directors? 2016 1×
10 The members of a company appointed 'A' to be the liquidator in a creditors' voluntary winding up. At the meeting of the creditors, it was proposed that 'B' be appointed liquidator. Seven creditors representing Rs. 90,000 of the debts voted for the appointment of 'B' and ten creditors representing Rs. 60,000 of the debts voted against his appointment. Who should be duly appointed as liquidator? Why? 2015 1×
10 All the members of a private company, while going in a van, met with an accident and all of them died on the spot. Does the private company cease to exist? 2015 1×
10 Mr. 'X' is acting as a Director for 10 public companies, now he wants to act as a director for the 11th public company. Advise Mr. 'X'. 2024 1×
10 Mr. Ashok, a Chartered Accountant, is the financial controller of Roop Industries Pvt. Ltd. for the last 5 years. The company intends to appoint him as the statutory auditor for the company. Can the company do so? Discuss. 2023 1×
10 Mr. 'P', who was a minor, registered his name as a shareholder. After attaining majority, he received a dividend from the company. Subsequently the company went into liquidation. 'P' denies his liability. Decide. 2019 1×
10 A private company has 60 members in total, of which 10 are employees of the company. 5 of these employees leave the employment of the company. Explain the consequences. 2016 1×
10 A Private company having two directors has just become a Public company by virtue of sec. 43 - A. Is it obligatory for the company to appoint a third director? 2017 1×
10 A public company inserted a clause in their AOA regarding the non -application of retirement of directors by rotation. Examine the validity of such clause in AOA keeping in view the provision of Companies Act. 2024 1×
10 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. 2020 1×
10 Sanjeev is a director in two companies, i.e., Goodluck India Pvt. Ltd. and Lucky Winner Pvt. Ltd. Sanjeev attended board meetings of these two companies on 22nd Aug 2013 in the same building "Welcome House" at 2.00 p.m. and 4.00 p.m. respectively. (i) Can Sanjeev draw T.A. from both the companies? (ii) Is he entitled to receive sitting fees fully from both the companies? 2015 1×
10 Smt. Roja, an athlete, buys 200 shares in a company from Mr. Shetty on the faith of a share certificate issued by the company. Roja tenders to the company a transfer to herself from Shetty, duly executed together with Shetty's share certificate. The company discovers that the certificate in the name of Shetty has been fraudulently obtained and refuses to register the transfer. Is Roja entitled to get the registration of the transfer? 2023 1×
10 A takes proceedings against the directors of a company of which he is a member to compel them to make good losses sustained by the company owing to their fraud. Will he succeed? 2022 1×
10 'X' was a transferee of a share certificate issued under the seal of the defendant company. The certificate was issued by the company's secretary, who affixed the seal of the company and forged the signatures of the three directors. Advise 'X' on legal action. 2019 1×
10 'X' transfers his shares in a public company to 'Y'. The directors, however, refuse to register the transfer or give reasons for their refusal. Discuss the legal position. 2016 1×
10 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? 2021 1×
10 Vaibhav, a trader, carried on business under the name of "Vaibhav and Co. Ltd." without being registered as a company with limited liability. Decide the consequences of the act of Vaibhav. 2015 1×
10 '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? 2020 1×
10 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? 2020 1×
15 What are the characteristics of a company and what are the conditions required to lift the corporate veil? 2023 1×
15 What are the circumstances under which a company can be wound up? 2017 1×
15 Define Company. Explain in detail the types of companies. Describe the relationship between a company and its members. 2020 1×
15 A Company has a nationality and residence but no citizenship. Discuss the law. 2021 1×
15 "A company is a legal entity distinct from its members." In what cases do the courts ignore this principle? 2018 1×
15 Define 'Company'. What are its characteristics? 2017 1×
15 Explain the contents of Memorandum of Association and Articles of Association. Describe the relationship between the Memorandum of Association and Articles of Association. 2020 1×
15 Write a note on conversion of shares into stock. Distinguish between share and stock. 2022 1×
15 Explain corporate governance. What are the advantages and disadvantages of incorporation of a company? 2015 1×
15 What are the different kinds of meetings under Companies Act, 2013? 2024 1×
15 What are the different kinds of meetings of the shareholders of a company? 2018 1×
15 Examine the different modes of winding up of companies under the provisions of the Companies Act. 2023 1×
15 What are the different modes of winding up of companies, and what are the consequences if a company winds up? 2015 1×
15 Distinguish between a public limited company and a private limited company. 2015 1×
15 Explain: "Auditor is a watch dog but not a blood hound." Bring out the various powers and duties on the part of the auditor to keep the company away from scams. 2015 1×
15 Explain the grounds for the winding up of a Company by National Company Law Tribunal. 2024 1×
15 How can directors of a company be removed from office before the expiry of their term? Explain the procedure for filling the vacancy caused by removal of a director. 2017 1×
15 Explain the importance of Meetings in company administration. 2019 1×
15 Explain the importance of the Memorandum of Association in the company's management. 2019 1×
15 Discuss the legal position of Directors in a Company and their powers and duties. 2024 1×
15 Explain the legal provisions relating to civil and criminal liability for misstatement in prospectus. 2023 1×
15 State the legal provisions relating to disposal of unpaid and unclaimed dividends. 2015 1×
15 Explain the meaning of winding up of companies. Discuss the winding up procedure under the supervision of the court. 2016 1×
15 What is a Meeting? Explain the importance of an extra-ordinary general meeting of a company. 2021 1×
15 What is a Memorandum of Association? 2015 1×
15 "As the memorandum of association drafted, the doctrine of ultra vires is an illusory protection to the shareholders and a pitfall for third parties." Discuss the doctrine of ultra vires in light of the above observation. 2017 1×
15 "The memorandum of association is the fundamental law or a charter defining the objects and limiting the powers of a company." Explain. 2022 1×
15 Explain the objective of meetings in a company. Discuss the importance of the AGM. 2016 1×
15 Discuss the position of Director in the company and the rights and duties of directors. 2023 1×
15 Explain the procedure to become a member of a company with suitable examples. 2019 1×
15 What is a prospectus and explain the civil and criminal liability for misstatements in prospectus. 2024 1×
15 Discuss the provisions of the Companies Act, 1956 relating to buy-back of shares by a company. 2015 1×
15 Explain the provisions regarding the Annual General Meeting under the Companies Act. 2020 1×
15 What are the requisites of a valid meeting? 2022 1×
15 Explain the role of pre -incorporation contracts in the process of incorporation of a Public Limited Company. 2016 1×
15 The shares of a Pvt. Ltd. Company are not transferable at all. Critically examine the statement by quoting case laws. 2021 1×
15 What reliefs are available to minority shareholders against wrongful conduct of the majority? 2015 1×
15 When may the court order that winding up shall be subject to the supervision of the court? 2018 1×
15 What is the winding up of a Company? Explain the circumstances of winding up of a company. 2020 1×
15 What do you understand by the winding up of a company? What are the different modes of winding up? 2022 1×
15 What is Winding Up? Explain the winding up of a company by the court on the grounds of "Just and Equitable". 2021 1×
15 Write the salient features of the Companies Act, 2013. 2019 1×