Online Final Examination Fall 2020

Student I.D: _______________ Date: 08/Jan/2021

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Course Title: Corporate Governance Course Code: MGT 611

Program: MBA, 90, R, MS Teacher Name: Amir Hamza

Semester: Evening Hyderi Marks: 40

Instructions:

Q.1: (a) Mr Nabeel and Imran are the member of Delta Company, which has no share capital but
consist of sixteen member, they want to apply to commission for the investigation of the company,
other members are unwilling for such investigation please advise them in this regard. (02)
(b) When the company appoint/elect BOD to manage the affairs of company it is deemed that they
should seek approval by the members regarding some important matters/transaction of the
company either by general or special or special resolution, but there are some matters/transaction
that they can perform without formal approval of the members with reference to above statement
discuss the implied authority of the BOD (04)

Q.2: (a) The Palwasha company has removed their auditor on 20 August 2018 and has appointed Mr
Rasheed as new auditor on 22 Sep 2018 by special resolution but on 24 Sep they have received a
notice from registrar, indicating the indicating the invalidity of the appointment of auditor and may
be charged with fine of first level
Secretary of the company is tracing that what mistake has been happen in this regard but unable to
find the solution, please advise him. (04)
(b) Discuss the provision of ISPO Facto vocation of office of the directors when it deemed invalid (03)

Q.3: (a) What are some necessary information that should be annexed to the director’s report of
listed company and mention the declaration of solvency? (03)
(b) There are various grounds and circumstances that the investigation of the affairs of the
companies can be carried out. State briefly that by whom request and by whose authority it can be
carried out. (04)

Q.4: (a) Discuss the purpose of exit and voice of stake holders (2.5)
(b) The owner/companies shall not use the practices, that may be considered the abuse of dominant
position please mention such practices with regard to abuse of dominant position. ( 3.5)
Q.5: (a) The Chief executive officer of the company shall place significant issues for the information,
consideration and decision to the boards of directors, discuss briefly those significant issue. (3.5)
(b) Mr Haseeb got shares of Waqar steel limited on 12.05.2014. His profit was declared on
20.5.2015, but he was unable to claim that profit up to 22.05.2018. Discuss how company can utilize
this profit and what option is available to Mr. Haseeb. (3.5)

Q.6: (a) Explain anti money laundering and diecuss placement, layering and integration, what would
be the role of director geneal of FMU in this situation. (03)
(b) How company can manage the stake holders relationship and their interest with reference to
Mendlow’s matrix. (02)
(c) Mr. Bilal id director of ABC listed company, he wants to assign the responsibilities of his office to
some other person, Mr kamal, who is also the director of the aforesaid company, is going aboard for
four month. He wants another director to carry out the responsibilities of his office, both of directors
seeking advice that when and how it is possible/effective please advise them. Also mention when
Mr, kamal will reach back to Pakistan, what will happen ISPO FACTO (02)