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Appendix
CS Executive Programme
Module II (New Course)
June - 2010
INDEX
Paper 4
Paper 5
Paper 6

Company Law
Economic and Labour Laws
Securities Laws and Co mpliances

II- 1
II- 6
II- 12

PA PE R'S

Paper - 4 : Company Law


Chapter-1 : Introduction
2010 - June [5] (b) Rani is a wealthy lady enjoying large d ividend and interest
income. She has formed three private companies and agreed with each of them
to hold a block of investment as an agent for it. Income received was credited
in the accounts of the company but the company handed back the amount to her
as a pretende d loan. This way, she divided her inco me in three pa rts in a bid to
reduce her tax liability. Discuss the legality of the purpose for which the three
companies were formed.
(5 marks)
(c) Carefree is an o fficer of Cosy Cosy Ltd., who is authorised to sign on behalf
of the company any contract, bill of exchange, hundi, promissory note, cheque,
or order for money or goods. In these circumstances, Carefree signs a cheque
on behalf of the company without mentioning the name of the company. W ho
is liable to the holder in such a case?
(5 marks)
2010 - June [6] Distinguish between the following:
(i) Com pany and co rporation.
(4 marks)
2010 - June [8] W rite notes on the following:
(i) Disadv antages of corporate form of enterprise
(4 marks)

CS Executive Programme Module - II (New Course)

II-2

Chapter-3 : Incorporation and its Consequences-II Types of Companies


2010 - June [8] W rite notes on the following:
(ii) Remuneration of promoters
(4 marks)
Chap ter-4 : Incorporation a nd its Consequen ces-III Mem orandum of
Association and Articles of Association
2010 - June [1] {C} Comm ent on the following:
(i) A comp any has a statutory right to alter its articles of association.
(5 marks)
Chap ter-6 : Financial structure and M embership-I Con cept of Capital
and Financing of Companies
2010 - June [6] Distinguish between the following:
(ii) Nominal capital and subscribed cap ital.
(4 marks)
Chap ter-7 : Financial structure and Membership-II Alteration of Share
Capital
2010 - June [6] Distinguish between the following:
(iii) Share s and sto ck.
(4 marks)
Chapter-8 : Financial structure and Membership-III Prospectus
2010 - June [1] {C} Comm ent on the following:
(ii) Red-herring prospectus means a prospectus which has complete
particulars on the price of the securities offered and the quantum of
securities offered.
(5 marks)
Chapter-10 : Financial Structure and Membership-V Creation and
Registration of Charges
2010 - June [3] (d) What is the effect of crystallisation of a floating charge?
(4 marks)
Chapter-11 : Fina ncial Structure and Membership-VI Allotment and
Certificates of Securities
2010 - June [4] (a) In the case where the share s of a company are held in jointnames of two person s Arpit and R akshit and one of these joint-holde rs requests
the company to split the shares equally between them by issuing fresh share
certificates, what should the company do?
(4 marks)
(d) A comp any has forfeited shares of a defaulting shareholder for nonpayment of call money. However, the defaulting shareholder approaches the
Board after forfeiture of shares to cancel the said forfeiture. What should the
Board do? G ive your advice.
(4 marks)
Chapter-12 : Financial structure and M embership-VII Membership in a
Company
2010 - June [4] (c) Four types of persons, viz., a section 25 company, an
insolvent individual, a trade union and a pawnee, apply for membership in your
public limited comp any. W ill you accept them as mem bers o f your co mpa ny?
W hy?
(4 marks)

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II-3

Chapter-13 : Financial structure and M embership-VIII Transfer and


Transmission of Securities
2010 - June [4] (b) Layman is a holder of a share warrant in Ontime Fliers
Ltd., a pub lic limited company. Unfortunately, Layman is unaware of any of
the formalities to be complied with for transferring the said sha re warrant.
Advise him about the formalities to be completed in this regard. (4 marks)
Chapter-14 : Ma nagement and Control of Fompanies-I Institution of
Directors
2010 - June [5] (a) Abh ay is direc tor in two com panies Go odluck Ind ia Pvt.
Ltd. and Lucky W inners India Pvt. Ltd. Abhay attended Board meetings of
these two companies on 22nd August, 2009 in the same building Welcome
Ho use at 2 p.m. and 4 p.m. respectively.
(i) Can A bhay draw travelling allowance from both the companies?
(ii) Is he entitled to receive sitting fees fully from both the com panies?
(6 marks)
2010 - June [8] W rite notes on the following:
(iii) Alternate directors
(v) Independent directors
(4 marks each)
Chapter-15 : Management and control of Companies-II Powers and
Duties of Directors
2010 - June [1] {C} Comm ent on the following:
(iii) The power of directors to approve the annual accounts can be
delegated to a committee of directors or some o f the directors.
(5 marks)
Chapter-16 : M anagement and Con trol of C ompanies-III managing
Director, Whole-Time Director and M anager
2010 - June [6] Distinguish between the following:
(iv) W hole-time chairman and part-time chairman.
(4 marks)
Chapter-18 : M anagement and Control of companies-V Meeting
2010 - June [2] (c) Discuss the various methods by which sense of a meeting
is ascertained.
(6 marks)
2010 - June [3] (a) Discuss the requirements for keeping the minutes book of
general meetings.
(4 marks)
(b) D iscuss briefly the voting rights of a proxy.
(4 marks)
(c) State whether a Board meeting of a company can be held at any place.
(4 marks)
2010 - June [8] W rite notes on the following:
(iv) Passing of resolution by postal ballot
(4 marks)

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II-4

Ch apter-31 : Limited Liab ility Pa rtnership


2010 - June [1] {C} Comm ent on the following:
(iv) There are no shareholders in a limited liability partnership, instead
there are partners.
(5 marks)
Chapter-35 : Winding up of Comp anies
2010 - June [1] {C} Comm ent on the following:
(v) In case o f a company, the terms winding-up and dissolution convey
the same meaning.
(5 marks)
2010 - June [6] Distinguish between the following:
(v) Insolve ncy of an individ ual/firm and wind ing-up of a co mpa ny
(4 marks)
Chapter-37 : Objective Question
2010 - June [2] (a) Choose the most appropriate answer from the given options
in respect of the following:
(i) W here the aud itor of a company resigns, the vacancy arising therefrom
can b e filled by the compa ny only at
(a) General meeting
(b) Board meeting
(c) Audit committee meeting
(d) None of the above.
(ii) The invitation and acceptance of deposits by non-banking nonfinancial companies in India is regulated by
(a) The Reserve Bank of India Act, 1934
(b) The Securities and Exchange Board of India Act, 1992
(c) The Companies Act, 1956
(d) None of the above.
(iii) The Compa nies Act, 1956 allows a comp any to re -convert its stock
into
(a) Fully paid-up equity shares
(b) Partly paid-up equity shares
(c) Unpaid equity shares
(d) Unca lled shares.
(iv) In the case of incorporation of an Asset Management Company
(AM C), the memorandum of association and articles of association are
required to be vetted by which of the following authority before these
documents are registered by the Registrar of C omp anies
(a) ROC
(b) SEBI
(c) RBI
(d) NSDL.

CS Executive Programme Module - II (New Course)


(v)

II-5

W hich of the following is correct in respect of a public limited


company in India
(a) Business can be commenced immediately on incorporation
(b) No need to have more than two directors
(c) There is no restriction on remuneration payable to directors
(d) The number of members is unlimited.
(1 mark each)
2010 - June [2] (b) R e-write the following senten ces after filling-in the blank
spaces with appropriate word(s)/figure(s):
(i) A private company, which is a subsidiary of a company which is not
a private company, is a
com pany.
(ii) All contracts which are purported to be made on behalf of a company
before its incorporation are known as
contracts.
(iii) The issue of ESOPs or Em ployees Stock Option Scheme shall be
subject to approval of shareholders through a
resolution.
(iv) Sweat equity shares issued to emp loyees or directors shall be locked-in
for a period of
from the date of allotm ent.
(v) W hen a company makes buy-back of shares or securities, the buy-back
operations shall be completed within
from the date of passing
of the special resolution or a resolution passed by the Board.
(1 mark each)
2010 - June [7] State, with reasons in brief, whether the following statements
are co rrect or incorrect:
(i) The members of an unlimited company are liable directly to the
creditors of the com pany.
(ii) A promote r has legal right to claim promotional expenses fo r his
services.
(iii) Preference shares are non-cumulative unless expressly stated to be
cumulative.
(iv) A charge created orally shall also require registration.
(v) A return of allotment in e-form 2 is required to be filed with the
Registrar of Co mpa nies eve n if a single share is allotted by a co mpa ny.
(vi) The Prospectus must be dated.
(vii) A company is required to obtain approval of the debenture trustees for
any distribution of dividend.
(viii) Add itional directors can b e appo inted only by pub lic compa nies.
(2 marks each)

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II-6

Paper - 5 : Economic and Labour Laws


Chapter-2 : Foreign Trade Policy and Producers
2010 - June [1] {C} W ith reference to the relevant legal enactm ents, write
short notes on the following:
(i) Privileges to a star exp ort house
(3 marks)
Chapter-3 : Trade, Competition & Consumer Protection
2010 - June [1] {C} W ith reference to the relevant legal enactm ents, write
short notes on the following:
(ii)
Competition advocacy
(3 marks)
2010 - June [3] (a) Distinguish between the following:
(ii) Con tract of service an d contract for service.
(5 marks)
2010 - June [4] (c) Jolly Ltd. maintained a guest house for the use of its
managing director and other executives. It entered into an agreement with a
firm for the installation of central air-conditioning system. The system installed
did not function, developed snags and there was leakage of water from ducting
system. The company filed a complaint claiming compensation for deficiency
in service under the Consumer P rotection Act, 1986. Will it succeed? G ive
reaso ns with reference to case law, if any.
(5 marks)
Chap ter-4 : Essential Commodities and Standards of Weight and
M easures
2010 - June [1] {C} With reference to the relevant legal en actments, write
short notes on the following:
(v) Mens rea under the Essential Commodities Act, 1955
(3 marks)
2010 - June [5] (c) Evaluate the efficacy of the Essential Commodities Act,
1955 in controlling the prod uction, supply and distribution of essential
com mod ities in the co untry.
(5 marks)
Chapter-5 : M anagement of Foreign Exchange Transactions
2010 - June [4] (a) With reference to the relevant provisions of the Foreign
Exchange Management Act, 1999 and the rules and regulations made
thereunder, advise on the following:
(i) An Indian company engaged in financial sector is interested in making
investment in banking business abroad.
(ii) An Indian resident wants to purchase foreign securities by making
remittan ces from his resident foreign currency (RFC) acco unt.
(iii) A Bangladeshi millionaire is interested to invest in India sub ject to
FDI policy of the Government of India.
(iv) An Indian public limited company wants to issue bonus shares to an
existing non-resident shareholder.

CS Executive Programme Module - II (New Course)


(v)

II-7

An Indian citizen resident outside India is interested in acquiring a


house in Chennai and a farm ho use on the outskirts of D elhi.
(1 marks each)
Chapter-6 : Pollution Control and Environmental Protection
2010 - June [1] {C} With reference to the relevant legal enactments, write
short notes on the following:
(iv) The con cept of sustaina ble develo pme nt.
(3 marks)
2010 - June [4] (b) Critically examine the application of the rule of strict
liability while fixing the liability for environmental pollution.
(5 marks)
2010 - June [5] (b) Critically examine how environmental pollution violates
human rights.
(5 marks)
Chap ter-7 : M anagem ent of Intellectual Property R ights
2010 - June [1] {C} W ith reference to the relevant legal enactm ents, write
short notes on the following:
(iii) Term of patents
(vi) Interna tional co pyright.
(3 marks each)
2010 - June [3] (a) Distinguish between the following:
(i) Intellectual pro perty and industrial pro perty.
(iii) Patent and p atent of addition.
(5 marks each)
2010 - June [5] (a) M ention five important grounds for o ppo sition to the grant
of patents.
(5 marks)
Chapter-9 : M inimum Wags Act, 1948
2010 - June [8] Attempt the following stating relevant legal provisions and
decided case law, if any:
(iii) An out-wo rker p repared good s at his residence and later on supplied
these goods to the employer. Will he be treated as an employee under
the Minimum Wages Act, 1948?
(v) A comp any was running into losses and was unable to pay the
minimum rates of wages to its workers. The workers pleaded that the
employer must pay them the minimum rates of wages. The employer
(com pany) intends to go to the court challenging the constitutional
validity of the Minimum Wages Act, 1948. Will the company succeed?
(4 marks each)
Chapter-11 : Payment of Gratuity Act, 1972
2010 - June [8] Attempt the following stating relevant legal provisions and
decided case law, if any:
(iv) Mauji Ram was absent from duty without leave. The employer took the
plea that it had resulted in the breach of continuous service for the
purposes of gratuity under the Payment of gratuity Act, 1972. Is the
plea of the employer legal and enforceable?
(4 marks)

CS Executive Programme Module - II (New Course)

II-8

Chapter-12 : Employees Provident Fu nd M iscellaneous P rovision Act,


1952
2010 - June [6] W rite notes on the following:
(iv) Excluded employee under the Emp loyees Provident Fund Scheme,
1952.
(5 marks)
Chapter-13 : Employees State Insurance Act, 1948
2010 - June [6] W rite notes on the following:
(ii) Purposes for which ESI fund may be expend ed under the Employees
State Insurance Act, 1948.
(5 marks)
2010 - June [7] (a) Distinguish between the following:
(ii) Principal emp loyer and imm ediate employer under the Emp loyees
State Insurance Act, 1948.
(5 marks)
2010 - June [8] Attempt the following stating relevant legal provisions and
decided case law, if any:
(vi) An emp loyee w as on his way to the factory. He met with an accident
one kilometre away from the place of his employment. He pleaded that
the injury was caused by accident arising out of and in the course of
emp loyment and claimed employment injury benefits under the
Employees State Insurance Act, 1948. Will the employee succeed?
(4 marks)
Chapter-14 : Workmens Compensation Act, 1923
2010 - June [6] W rite notes on the following:
(vi) Theory of notio nal extension of employment under the W orkm ens
Compensation Act, 1923.
(5 marks)
2010 - June [8] Attempt the following stating relevant legal provisions and
decided case law, if any:
(i) A driver of bus belonging to the employer was involved in an accident
which resulted in the impairment of free movement of his left hand
disabling him form driving vehicles. He was, however, capable of
performing other work. He claimed compensation contending that the
said accident had resulted in permanent disablement of driving
vehicles. Will he succeed?
(4 marks)
Chapter-15 : Contract Labour Act, 1970
2010 - June [6] W rite notes on the following:
(v) Prohibition of employment of contract labour under the Contract
Labour (Regulation and Abolition) Act, 1970.
(5 marks)
2010 - June [8] Attempt the following stating relevant legal pro visions and
decided case law, if any:
(vii) Some contract labour was engaged by an organisation. There was
subsequently prohibition of employment of contract labour in that
category as a consequence of the notification issued by the central

CS Executive Programme Module - II (New Course)

II-9

Governm ent. The emp loyer did not absorb the contract labour and
employ them on regular basis. The workmen challenged the action of
the organisation. Will they succeed?
(4 marks)
Chapter-16 : Industrial Disputes Act, 1947
2010 - June [6] W rite notes on the following:
(i) Princ iples go verning domestic enquiry.
(5 marks)
2010 - June [7] (a) Distinguish between the following:
(i) Legal strike and justified strike .
(5 marks)
Chapter-17 : Industrial Employment (Standing Orders) Act, 1946
2010 - June [6] W rite notes on the following:
(iii) Procedure to be followed for the certification of standing orders under
the Industrial Employment (Standing Orders) Act, 1946. (5 marks)
Chapter-18 : Factories Act, 1948
2010 - June [7] (a) Distinguish between the following:
(iii) Premises and precincts under the Factories Act, 1948. (5 marks)
2010 - June [8] Attempt the following stating relevant legal provisions and
decided case law, if any:
(ii) The workers were engaged by beedi manufacturer for rolling beedies
at home subject to the rejection of defective beedies by manufacturer.
The workers claimed that they should be treated as workers under the
provisions of the Factories Act, 1948. Will they succeed? (4 marks)
Chapter-19 : Objective Questions
2010 - June [2] State, with reasons in brief, whether the following statements
are co rrect or incorrect. Attempt:
(i) The Consumer Protection Act, 1986 o nly reinforces the doctrine of
caveat emptor.
(ii) In all legal proceedings relating to trade mark registered under the
Trade Marks Act, 1999, the original registration and all subsequent
assignm ents and transmissions thereof shall be prim a facie evidence
of its validity.
(iii) Cartel includes an association of producers, sellers or distributors who,
by agreement among themselves, limit, control or attempt to control
the production, distribution, sale or price of or trade in goods or
provision o f services.
(iv) Trade practice includ es a single or isolated action of any person in
relation to any trade.
(v) W hile calculating the value of plant and machinery for the purpo se of
small scale/ancillary industrial undertaking, the following shall be
included

CS Executive Programme Module - II (New Course)

(vi)
2010 spaces
(i)

(ii)

(iii)

(iv)

(v)

2010 spaces
(i)
(ii)
(iii)
(iv)
(v)

II-10

(a) the cost of installation of plant and machinery;


(b) the cost of research and development equipment and pollution
control equipments;
(c) the cost of fire fighting equipments; and
(d) the charges paid for technical know-how for erection of plant and
machinery.
Special Eco nom ic Zone (SEZ) is deemed to be a foreign territory for
the purpo ses of trade op erations, duties and tariffs. (3 marks each)
June [3] (b) Re-write the following sentences after filling-in the blank
with appropriate word(s)/figures(s):
Foreign contribution means donation, delivery or transfer made by any
foreign source of any article, if the market value in India, of such
article, on the date of such gift, delivery or transfer, exceeds Rs.
.
Environmental clearance is not required form the Central Go vernm ent,
if investment is less than
for any item reserved for the small
scale sector.
The amount representing the full export value of goods or software
exported is required to be realised and repatriated to India within
month(s) from the date of exp ort.
The term o f every patent granted afer the commencement of the
Patents (Amendment) Act, 2002 shall be
year(s) from the
date o f filing of app lication o f the patent.
Literary, dramatic, musical or artistic works enjoy copyright protection
for the life time of the author plus
year(s) b eyond the d eath
of the author.
(1 mark each)
June [7] (b) Re-write the following sentences after filling-in the blank
with appropriate word(s)/figure(s):
The memb ership of pro vident fund scheme is compulsory for
emp loyees drawing a p ay not exceeding R s.
per month.
means termination of the service of an em ployee otherwise
than on superannuation.
W ages are to be paid within
working days form the date of
termination of the employee whatever be the reason of termination.
Superannuation in relation to an emp loyee, who is a member of the
pension scheme, means the attainment of the age of
years.
Under the Workmens Compensation Act, 1923, the emp loyer shall
not be liable when the injury does not result in disablement for a
period exceeding
day.
(1 mark each)

CS Executive Programme Module - II (New Course)

II-11

2010 - June [7] (c) Choose the most appropriate answer from the given options
in respect of the following:
(i) An application fo r the recovery of bo nus from an em ployer shall be
made within
(a) Six months form the date on which the money became d ue
(b) One year from the date on which the money became due
(c) 60 Da ys from the date on which the money became d ue
(d) 90 Days from the date on which the money became due.
(ii) The occu pier o f a factory is required to send a written notice to the
Chief Inspector o f Facto ries at least
(a) 7 Days before he begins to occupy or use the premises as a factory
(b) 15 Days before he b egins to occupy or use the premises as a
factory
(c) 21 Days before he begins to occup y or use the prem ises as a
factory
(d) 10 Days before he begins to occupy or use the premises as a
factory.
(iii) The State Government may make rules regarding the provisions and
maintenance of a canteen for the use of workers wherein more than
(a) 250 W orkers are ordinarily employed
(b) 500 W orkers are ordinarily employed
(c) 300 W orkers are ordinarily employed
(d) 100 workers are ordinarily employed
(iv) The minimum amount of compensation in case of permanent total
disablement is
(a) Rs. 1,00,000
(b) Rs. 90,000
(c) Rs. 80,000
(d) Rs. 70,000.
(v) The Contract Labour (R egulatio n and Abo lition) Act, 197 0 applies to
every establishment or contracto r wherein workmen employed on any
day of the preceding 12 months shall be
(a) 100 W orkmen or more
(b) 20 W orkmen or more
(c) 50 W orkmen or more
(d) 10 W orkmen or more.
(1 mark each)

CS Executive Programme Module - II (New Course)

II-12

Paper - 6 : Securities Laws and Co mpliances


Chapter-1 : An Ov erview of Legal & Regulatory Framew ork
2010 - June [3] (d) Prim ary market is of great significance to the economy.
Comment.
(4 marks)
2010 - June [4] (b) W hat is a self-regulatory organisation? W hat are its
functions and obligations?
(5 marks)
Chapter-2 : M oney M arket
2010 - Ju ne [3] (b) E xplain the following term s related to mo ney ma rket:
(i) Auction
(ii) Primary dealer
(2 marks each)
2010 - June [4] (a) Distinguish between the following:
(iii) Com merc ial bills and commerc ial pap ers.
(3 marks)
Chapter-3 : Capital M arket Instrument
2010 - June [2] (a) Write short notes on the following:
(i) Mortgage backed securities
(iv) Debt for equity swap.
(2 marks each)
2010 - June [3] (a) Explain the following term s related to cap ital market:
(i) Commodity pool
(2 marks)
Chapter-4 : Credit Rating
2010 - June [4] (c) D iscuss the factors generally considered by cred it rating
agencies for the rating of manufacturing companies.
(4 marks)
Chapter-5 : Capital Market Intermediaries
2010 - June [4] (a) Distinguish between the following:
(ii) Mercha nt banker and po rtfolio manager.
(3 marks)
2010 - June [5] (a) Exp lain briefly the responsibilities and o bligations of a
debenture trustee.
(4 marks)
Chapter-6 : Stock Exchange
2010 - June [2] (a) Write short notes on the following:
(ii) Basket trading system
(iii) Market abuse
(2 marks each)
2010 - Ju ne [3] (c) W rite a brief note o n mark et making.
(3 marks)
2010 - June [4] (a) Distinguish between the following:
(i) Fund s pay-in and fund s pay-out.
(3 marks)
2010 - Ju ne [5] (b) Explain briefly the broad framework for short selling.
(4 marks)

CS Executive Programme Module - II (New Course)

II-13

Chapter-7 : M utual Fund


2010 - June [5] (c) The redemption price of a mutual fund unit is Rs. 48 while
the front-end load an d back-end load charges are 2% and 3 % respectively.
You are required to calculate(i) Net asset value per unit; and
(ii) Pub lic offer price of the unit.
(7 marks)
Chapter-8 : Venture Capital
2010 - June [2] (c) Explain the investment criteria fo r a foreign venture
capital fund in India.
(4 marks)
Chapter-11 : Depositories
2010 - June [3] (a) Explain the following term s related to cap ital market:
(ii) Depository participant.
(2 marks)
Chapter-12 : Public Issue of Securities
2010 - June [6] (a) IPO grading is a service aimed at facilitating the
assessment of the eq uity issue offered to the public. D iscuss.
(4 marks)
(b) Define fast track issue. List out the conditions to make a fast track issue.
(4 marks)
(c) W hat are the eligibility norms for public issue by an unlisted comp any?
(4 marks)
2010 - June [7] (a) What is due diligence in the process of public issue of
securities? Explain its scope and significance.
(4 marks)
(d) You are the Com pany Secretary of Great India Ltd. Prepare a B oard note
outlining various requirements of SEB I guidelines for rights issue and list out
the major steps involved in rights issue.
(8 marks)
2010 - June [8] (c) Can an issuer company offer specified securities at
different prices? What are the conditions laid down under the SEBI investor
protection gu idelines with regard to d ifferential pricing of securities?
(5 marks)
(d) W hat is book building? W hat is the difference between fixed price
process and bo ok building p rocess?
(5 marks)
Chapter-13 : Debt M arket
2010 - June [6] (d) Briefly explain the following terms related to debt market:
(i) Pass through certificates
(ii) Benchm arked instrume nts
(iii) Inflation linked bonds
(iv) Floating interest rate.
(2 marks each)
Chapter-14 : Resource M obilisation in international Capital Market
2010 - June [7] (c) State the conditions required to be fulfilled for conversion
of external co mmercial b orro wings (E CB s) into eq uity.
(4 marks)

CS Executive Programme Module - II (New Course)

II-14

2010 - June [8] (b) Briefly explain the principal documents involved in
issuance of glob al dep ository receip ts (GD Rs) and foreign currency co nvertib le
bonds (FCC Bs).
(5 marks)
Chapter-15 : Indian Depository Receipt
2010 - June [7] (b) What are the compliances under the listing agreement for
Indian depository receipts (IDRs) relating to appointment of Company
Secretary and undertaking of due diligence of Registrar and Transfer Agent
(RT A), etc.?
(4 marks)
Chapter-16 : Investor Protection
2010 - June [8] (a) W hat are the legal provisions for investor protection with
regard to
(i) misstatements in a prospectus; and
(ii) failure to send financial statements?
(5 marks)
Chapter-17 : Objective Questions
2010 - June [1] {C} (a) State, with reasons in brief, whether the following
statements are corre ct or incorrect:
(i) Cap ital market is wider than securities m arket.
(ii) Mandatory client code facilitates market surveillance.
(iii) CAM EL m odel is used for ra ting of banking co mpanies.
(iv) A fore ign currency conve rtible bond is a quasi-debt instrument.
(v) The placement memorandum is to be issued for private circulation
only after the expiry of 21 days of its submission to SEBI.
(2 marks each)
2010 - June [1] {C } (b) Rewrite the following sentences after filling in the
blank spaces with appropriate word(s)/figure(s):
(i) Credit rating is considered more relevant for gradation of ______.
(ii) Clearing corporation deals with ______.
(iii) Securities in ______are not available for buy-back until the period
expires.
(iv) Indian money market is getting integrated with the global market
through______.
(v) ___ ___ is a stabilization tool for post-listing price of newly issued
shares.
(1 mark each)
2010 - Ju ne [2] (b) Exp and the following abbreviations:
(i) MCFS
(ii) SPDR
(iii) WM A
(1 mark each)

CS Executive Programme Module - II (New Course)

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