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THREEiFfVKYEARLL.8.DEG~ EE~;,;:;:;ON --06To;,:; DVEMBER 2020.

THIR- -· ~:fl ~E¥ES~ R .
Paper3.3- PAN YLAW~
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(Revised Syllabus w . . f 2009-2010) , . - ,, .
(Common to 3 .Year LL ·B· Honours
1
. Th'1rd Semester
\ , and 5 Year B.A
· LL BIB• •A LLB
. HonourS/B.B.A. LL.~ and B.Com. LL. \Seventh Seme~te!). . · · ·
(Regular/Supplementa~y)
Time : 3 hours

: PAR~ A . '
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• Max. Marks : 100

(Short Answer Questions) ,

Write short notes on any SIX of the followirl . Each quest,ion carries 4 marks. ·
,(Marks : 6 x 4 =
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l. Clauses of Mem_ory.ndum. ·
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2. Constructive notice.
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3. Position of Directors.
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4.
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Meaning of Share.
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5. ·Buyback of shares. "\

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6. Statutory Meeting. I

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7. . Kinds of DebeiltlJ.r,es. •I

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8. Government Company.

9. Powers of.Liquidator.
PARt B '\
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(Essay Typ/ Questions)
Answer any TWO questions / Each questipn carries 18,l,Ilarks.
(Mar : 2 x 18 = ?6)
10. . A Company is legally an entity; apart from its members.' Explain what . 'are the''
advantages and disadvantages of his corporate personality. .\
I'"" 11. What do you understand by' tm.e nt of Shares'? What are the restrictions on' allotmeht
I- ' "',..._ \ of shares? What is the effect h irregular allotment? '.r
~ 1 . ..,How a~e the Directors of a m~a~iy a1wointed and how can they be rem,oved ~dm ~ffice? /
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13. 'An · , ditor is a watch-.d ~, ,f!.nd not a bloodhound.' Compient. What are the powers and <
'~unction ,.
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t·1
an Audito
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 PART- C {
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\. (d\se Comm:enJ:fype Q~estions) )

I Answer any T~O qucei>ione.~Each question carries 20 marks. ·
)
. '· ~- \ . , · (Markt: 2 x 20 = 40) . •
14. x· a shareholder, appointed 'P' as/ his proxy for a meetin·g of the company. Later, he
· himself att~nded the meeting and -~cited on a particular resolution. 'P' alleged that it was
violati~n ·of hi_s right' to exercise'" his voting right. Examine his Claim.
15. The Managing Director of a company. accepts a bill on behalf of the company. In fact
~ticle provides that h ~ c~t do· so only with the .prior appro~al of the Board of Directors
ma meeting. He did not t al<:~ any sush approval. 'B', who got this bill for supply of goods
_to the company, presents it for PB,,Yllt8nt. The comp ~ny refuses the payment. _Advise 'B'.

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16. a
A has some shares.in company. 0n deat h of A, Ws'.}eg~l heir a nd successor has applied
fm: transfer of shares in his na~~i', The··company refused to do !fo. Decide. .
., 17. Mis ' a creditdr°'.of 'newly incorporated c ·o~j>any. He lent 10 fakhs to the ~~mpany. The .
company faileci to pay any interest for. the amount, in spite of his demand. What is the

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