Post Mid-Term Assignment (15 Marks) Last Date: 25th January, 2022

Q1. “Corporate governance is a continuous process”. Give your views. (5marks)

OR

In the light of the dynamic business environment, discuss the need of corporate
governance. (5marks)

OR

“Corporate governance is beyond the realm of law”. Analyze the statement.

(5marks)

OR

“If management is about running business, governance is about seeing that it is run
properly”. In the light of this statement, discuss the idea of corporate governance.
(5marks)

Q2. Write short note on any four: (7 marks)

a. CII,
b. Kumaramangalam Committee report,
c. Narayanamoorthy Committee report,
d. Naresh Chandra Committee report,
e. JJ Irani Committee reports
f. Introduction and modification of Clause 49

Q3. “Directors must exercise their powers for a proper purpose”. Comment
(3Marks)

OR

“Directors cannot use their discretion recklessly.” Elaborate (3Marks)

OR
Short not on (3Marks):

a. Money laundering ,
b. FEMA& Competition act.