SYMBIOSIS INTERNATIONAL UNIVERSITY (Established uncer section 3 of the UGC Act 1956) ‘Re-accredited ky NAC with'A” Grade (0102}SYMBIOSIS LAW SCHOOL, NOIDA (010223 & 010224) BALL.B &BBALLB 2012-17,2013-18,2014-19 v ‘Company Law! 0102230803/605/0102240503/505 Date: 19/04/2017 Day: Thursday Maximum Marks: 60 ‘Time: 10:00 am - 12:30 pm Part- I (Objective Type Questions) Instructions: 1) All questions are compulsory. 2) Each question carries two marks (Total 20 Marks) @ 1: What is the minimum and maximum period for which a deposit can be accepted by a company? 4) Not less than six months or more than thirty-six months ») Not less than twelve months or more than twenty four months. ¢) Not less than twenty four months or more than forty eight months ) Not less than forty eight months or more than forty eight months Q2: Within what period red herring prospectus is to be filed with RoC? @) At least 30 days before opening of the subsection list and the offer b) At Jeast 60 days before opening of the subsection list and the offer ©) At least 90 days before opening of the subsection list and the offer @) At least 120 days before opening of the subsection list and the offer Q3 Within what period share certificate should be delivered by the company after transfer? @) one month from the date of receipt by the company of the instrument of transfer ) two months from the date of receipt by the company of the instrument of transfer ©) three months trom the dats of receipt by the company of the instrument of transfer 4) six months from the date of receipt by the company of the instrument of transfer Q4 What is the maximum period of redemption of preference shares? 4) not exceeding ten years from the date of issue b) not exceeding fiftzen years from the date of issue = ©) not exceeding twenty years frorn the date of issue d) not exceeding twenty five years from the date of issue5 The maximum period upto which RoC can allow registration of charge is a) 60 days b) 90 days ©) 200 days d) 300 days 6 What percentage of deposits is to be maintained as liquid assets? a) 10% of the amount of deposits maturing until the end of the current financial year and the next financial year. b) 15% of the amount of deposits maturing until the end of the current financial year and the neat financial year ©) 20% of the amount of deposits maturing until the end of the current financial year and: the next financial year * d) 25% of the amount of deposits maturing until the end of the current financial year and the next financial year Q.7 In case of Guarantee Company, the liability of member to contribute upto what time, before ceasing to be a member? 2). Six months b) One year ©) Two year 4) Three years Q.8 In right issue what is the time period given for the shareholders to subscribe? 4). Not less than 10 days and not more than 30 days b) Not Jess than 15 days and not more than 30 days ©), Not less than 30 days and not more than 60 days 4) Not less than 60 days and not more than 90 days Q9 In buy back, shareholder by passing resolution can approve buy back upto what limit? a) 25% of the total paid-up capital and free reserves b)_ 15% of the total paid-up capital and free reserves ©) $% of the total paid-up cupital and free reserves &) 35% of the total paid-up capital and fice reserves Q.10 What is the minimum net worth requirement for a Depository’? a) 1Ocrores b) 20crores ©) SOcrores d) 100 croresPart-II (Subjective Type Questions) ‘Instructions: 1) All questions are compulsory. 2) Each question carries 10 marks (Total 40 Marks) QL Explain “Doctrine of Indoor Management’. What are the exceptions to the Doctrine? OR Q1 Explain ‘Blank Transfer’ and “Forged Transfer’ and their effect/consequences. OR Q2 Explain in detail “Nomination” by shareholder. OR Q2 Define Debenture and explain various types of debentures, Q3 Who is member of a company, what are'the modes of becoming members? OR Q3 Explain in details the regulation in respect of Promoter's contribution in issue of shares. Q4 What are the liabilities for mis-statement in prospectus? OR Q4 Desoribe the provisions of Companies Act, 2013 in respect of power of company to purchase its own shares,