• Embed Doc
  • Copy Link
  • Readcast
  • Collections
  • 1
    CommentGo Back
Download
 
The Institute of Chartered Accountants of PakistanFoundation/Modular Foundation Examinations Autumn 2001September 06, 2001COMPANY LAW (MARKS 100)FE-2 (PAPER-4) & MODULAR (PAPER-D10) MODULE ‘D’, SM ‘9’ (3 hours)
Q.1 a) What is the difference between company limited by shares and limited byguarantee?
(02)
b) Whether a trading corporation owned and control by a Province and carryingon business within the Province only, is subject to the provisions of theCompanies Ordinance, 1984?
(02)
c) State the obligation to register certain partnerships, associations, etc; ascompanies.
(03)
 Q.2 a) Distinguish between Articles of Association & Memorandum of Association.
(03)
b) Summarize the provisions under the First Schedule to the CompaniesOrdinance, 1984 regarding alteration of capital.
(04)
c) What are the main characteristics of a private limited company?
(03)
 Q.3 a) What is meant by return of allotment and what are its major contents?
(05)
b) What are the legal provisions for issue of securities and redeemable capitalnot based on interest?
(04)
c) What is meant by Transmission of shares?
(03)
d) What is irregular allotment?
(02)
Q.4 a) What are the types of mortgages and charges, which if not registered, are void?
(06)
b) Differentiate between fixed and floating charge.
(06)
c) What is the time limit for registration of mortgage or charge and what are theeffects of non-registration?
(03)
 Q.5 State the provisions of the Companies Ordinance, 1984 regarding:a) Term of office of first directors of a company.
(03)
b) Minimum member of directors of a company.
(03)
c) How the casual vacancy among the directors may be filled up?
(03)
d) Under what circumstances the election of directors may be declared invalid.
(03)
 
FOR FREE ACCA, CA, CAT & CIMA RESOURCES VISIT: http://kaka-pakistani.blogspot.com
 
 (02)Q.6 a) What is statutory meeting?
(03)
b) How would you differentiate between a general meeting and an extra ordinarygeneral meeting?
(04)
c) What are the provisions of law regarding demand for poll?
(06)
 Q.7 a) Please comment “Persons who are prohibited from short selling of securities”.
(03)
b) What are the provisions of the Companies Ordinance, 1984, regardingremuneration of auditors of a company.
(03)
c) Can a company act as a director of another company? Give reasons for youranswer.
(03)
d) What are the provisions of Companies Ordinance, 1984 regarding auditorssignature on audit report?
(03)
Q.8 a) What is the guiding principle that should be kept in mind while declaringdividend?
(04)
b) Whether a company can contribute any amount for political purposes?
(02)
 c) What are the consequences in case of default in holding annual generalmeeting?
(03)
 Q.9 Your client, a public limited company, has asked for your advice in the following cases:a) Minimum quorum requirement for a board meeting.
(03)
b) Liabilities of chairman and directors in case meeting of directors was held inviolation of quorum.
(03)
c) Minimum number of board meetings required to be held in a year.
(02)(THE END)
FOR FREE ACCA, CA, CAT & CIMA RESOURCES VISIT: http://kaka-pakistani.blogspot.com
 
T
HE
I
NSTITUTE OF
C
HARTERED
A
CCOUNTANTS OF
P
AKISTAN
 Foundation/Modular Foundation Examinations Spring 2002March 7, 2002COMPANY LAW (MARKS 100)FE-2 Paper 4 – Modular D 10 (Module D, SM, ‘9’ & 3B) (3 hours)
Q.1 (a) What are the conditions for invitation and acceptance of deposits by a company?
04
(b) What is the limitation of time for issuance of share certificate?
03
(c) What are the legal provisions regarding vacation of office by the directors?
03
 Q.2 (a) What are the legal provisions for meetings on holidays?
02
(b) Narrate the conditions that must be complied with before allotment of shares?
05
(c) What are the legal provisions for publication of reasons for reduction inshare capital?
03
 Q.3 (a) What are the contractual powers of a company?
03
(b) What is capitalization of profits?
04
(c) What are the characteristics of a debenture?
03
(d) What are the contents of directors report?
05
 Q.4 (a) What is Company Court and its jurisdiction?
03
(b) Explain the constitution of the Company bench?
02
(c) Whether an appeal lie against the decision of the Company Court?
05
 Q.5 (a) A company is carrying on business with less than the minimum number of members. Explain the consequences.
03
(b) A change in the name of company requires a special resolution and approvalof Registrar in writing. Explain exception to it.
03
Q.6 (a) What are the disqualifications for appointment as receiver or manager of theproperty of a company?
04
(b) What are the requirements for filing of accounts of receiver or managerappointed under the provisions of the Companies Ordinance, 1984.
08
 
FOR FREE ACCA, CA, CAT & CIMA RESOURCES VISIT: http://kaka-pakistani.blogspot.com
of 00

Leave a Comment

You must be to leave a comment.
Submit
Characters: ...
You must be to leave a comment.
Submit
Characters: ...