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1 3 2 1 B.B.L. DEGREE EXAMINATION, 2009
( SECOND YEAR ) ( PART - III ) ( PAPER - V )

230. COMPANY LAW May ] [ Time : 3 Hours Maximum : 100 Marks Answer any SIX questions. All questions carry equal marks. 1. Is the issue of prospectus by a company compulsory ? What are the requirements of the Company Act, relating to matters to be disclosed in a prospectus ?

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(b) Kinds of Companies. What is “oppression” and mismanagement in relation to a company ? What action will be taken by Central Government in this regard ? Tarquende Rule. Explain the Constitution of Company Law Board and write explanatory notes on powers and jurisdiction. 8. State the circumstances in which investigation of a company’s affairs may be made. Examine whether the following persons can become a member of a company : (a) Minor. What are the powers of inspectors appointed in this regard ? 6. . (c) Foreign company and (d) Subsidiary company. What do you understand by “winding up” ? What are the kinds of winding up ? 9. Write short notes on any TWO of the following : (b) Non Resident. State who can be appointed as Director of a company and explain the grounds on which a person can be disqualified from being director of a company.2 2. (c) Kinds of shares. (a) 3. 3 7. how ? 4. 5. (d) Promotor. What are the contents of Memorandum of Association ? Can any clause of Memorandum be altered ? If so.

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