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CB-31-67-3-03

THREE I FIVE YEAR LL.B. DEGREE EXAMIN ATION , OCTOBER- 2021

: THIRD/SEVEN TH SEMESTER.
Paper - 3.3 : COMPAN Y LAW
(Under C.B.C.S. Revis~ New Regu_lations w..e.f. .2 016-2017)
(Common to 3 Year LLB Honors Third Semester and s Year B;A.LL.B.IB.A.LLB.
Honors/B.Com. LL.Band B.B.A. LL.B Seventh Semester Courses)
(R_eg ular/Supplementary)
Time : 3 Hours
Max. Marks : 80

PART-A
(Short Answer Questions)
Write short notes on any Six of the following. Each question carries 3 marks.(6x3=18)
1. Difference between a company and partnership.
2. ·Name clause.
3. Independent Directors.
4. Ultra vires.
5. Kinds of shares ..
6. Annual general meeting. .
7. Floating charge. ·
8. Difference between Public and Private Company.
9. Preferential Payments.
PART-B
(Essay Type Questions)
Answer any 1\vo questions. Each question carries 15 marks. (2x15=30)
10. How is a Company formed under the Companies Act, 1956? Enumerate the various
documents to be filed with the Registrar.
11. 'Promoter is not a trustee or agent for the company but he stands in a fiduciary position
towards it'. Explain.
12. · Examine the circumstances in which a private company can be converted.into a public
· company.
13. Analyze the rule in Foss v. Harbottle and its exceptions, if any.

CB-31-67-3-03 (1) [P.T.O.]

 PART-C
'
(Case Comment Type 9uestions)

· Answer any Two questions. Each question carries 20 marks. (2X16=32)

14. X offered to buy 100 shares, worth of 1000 of a Company. .The company insisted to p~y
Rs. 1000/- as application money along with the purchase money. However, no shares are
allotted to him. They failed to rewm the amount even after the lapse of six month. What
is the remedy available to X against the Company? ·

15. A company has released a prospectus inviting public to invest in 'Shares'. X has applied
for shares. As the company could not get even minimum subscription, it could not allot
shares to X. X insists for allotment. Decide.

16. A company has convened Annual general meeting on a particula; day. No quorum turned
and the meetin~ is postponed. Is there any remedy to a shareholder for the next meeting?

17. A Company with an annual turnover of 100 Crore~ had. two directors. The company
failed to pay any taxes to the government successively for two years. A case was filed
against the company by the department for evasion of taxes. Can the company b_e
protected? If yes· how?

CB-31-67-3-03 (2)