Q 1) Distinguish between a Shelf Prospectus and a Red
Herring Prospectus?
Q2). What is a Defunct Company? What procedure is
followed to dissolve it?
Q3).Explain the inter relationship between Doctrine of
Constructive Notice and Doctrine of Indoor Management?
Q4) A company served a notice of a general meeting
upon its members. The notice stated that a resolution to increase the share capital of the company would be considered at the meeting. A shareholder complains that the amount of the proposed increase was not specified in the notice. Is the notice valid? Give legal reasons.
Q5) The AOA of a company provided that the shares of
the member of the company who became bankrupt would be offered for sale to other shareholders at a certain price. Is the provision binding on the shareholders? Give legal reasons.
Q6) A meeting of a public limited company was
properly convened and was subsequently adjourned by the chairman. The meeting is held subsequently without giving a fresh notice. Is the meeting valid? Give legal reasons and quote the relevant section.