Bangalore University I Semester B.

Com Company Law and Secretarial Practic (Dec,2005) Question Paper

I Sem. B. Com. Examination, November/December 2005 (Semester Scheme) COMMERCE Company Law and Secretarial Practice Time : 3 Hours Max. Marks : 90 Instruction : Answers to be written completely either in English or in Kannada. SECTION - A Answer any ten sub-questions. Each sub-question carries 2 marks. (10x2=20) 1. a) Write a note on the Company Law Board. b) Define a Joint Stock Company. c) What is certificate of incorporation ? d) What is meant by listing of securities ? e) What do you mean by allotment of share ? f) What is share ? g) Write a note on Index of members. h) What is a share warrant ? j) Who is a Director of a company ? k) What is minimum subscription ? l) Give the meaning of Agenda. SECTION - B Answer any five questions of the following. Each question carries 5 marks. (5x5=25) 2. What do you mean by call on shares ? State the legal provisions regarding calls. 3. Write a note on 'statement in lieu of prospectus. 4. Write the difference between share certificate and share warrant (any five). 5. What are the contents of statutory report ? 6. State the provisions of Companies Act regarding minutes. 7. Write a note on Irregular allotment. 8. What is a statutory company ? 9. Write a note on dissenting shareholders.

SECTION - C Answer any three questions of the following. Each question carries 15 marks. (3x15=45) 10. What do you mean by Memorandum of Association ? Explain the different clauses of Memorandum of Association. 11. Explain the different types of Joint Stock Company. 12. What qualifications should company secretary posses ? How is he appointed ? 13. When a Extra-Ordinary General meeting is summoned ? State the secretarial duties in this regard. 14. Explain the rights and duties of the Managing Director of a public company.