Sub.: Company Law (LW-504/LW-9004) : Tilak Maharashtra Vidyapeeth, Pune

TILAK MAHARASHTRA VIDYAPEETH, PUNE
BACHELOR OF LAWS LL.B. / B.A. LL.B. (FOURTH / EIGHT SEMESTER)
Sub.: Company Law (LW-504/LW-9004)

NOVEMBER – 2019
Q. 1.Choose correct option from the following. (10)
1) A company which has not commenced its operation or which is not in operation or has no assets to
dive is called _______ company.
a) Sick b) Dormant
c) Non-operational d) Defunct
2) Table _______ is for Memorandum of Association of an unlimited company.
a) B b) D
c) C d) E
3) The Common seal of the company should have _______.
a) The company name b) The place of the company
c) The words ‘Common Seal’ d) All of the above
4) BOD can exercise the power to appoint directors in case of _______.
a) Additional Directors b) Alternate Directors
c) Filling up casual vacancy d) All of the above
5) The first AGM of the company must be held within _______ .
a) 12 months from the date of incorporation. b) 18 months from the date of incorporation.
c) 12 months from the date of commencement. d) 18 months from the date of commencement.
6) A voluntary winding up means winding up by the ________.
a) Members or Creditors. b) Contributories or Creditors.
c) Menbers or Contributories. d) Shareholders or Tribunals.
7) The Audit Committee may include _______:-
a) Auditors b) Non-executive Directors
c) Company Secretary d) All of the above
8) The liability of members if the Company is limited by Guarantee is _______.
a) Unpaid value of shares. b) Unlimited liability.
c) Guarantee amount. d) None of the above.
9) Age limit of directors in case of private company is _______.
a) 60 b) 67
c) 65 d) No Limit
10) Which of the following is not true?
a) RBI is an example of statutory company. b) LIC is an example Registered company.
c) Suit can be maintained in the nature of company. d) The persons who form the Company are called promoters.

APRIL-MAY– 2019
Q. 1. Choose correct option from the following. (10)
1) Company's owners are shareholders so the company property belongs to the share holders. Do you
agree with this statement.
a) Yes b) No. c) Not applicable
2) Transfer of shares in the company in Public Company are.
a) Restricted b) Freely transferable
c) Prohibited d) None of the above
3) XYZ a private company had reduced to a single member and continued business for more than 6
months. The company liability will be
a) Limited b) Unlimited c) None of the above
4) In case of company Audit is
a) Compulsory b) Optional
c) Mandatory by law d) None of the above
5) Under which sec. a private company can voluntarily converted into public company.
a) 34 b) 44
c) 54 d) 64
6) The companies which are formed under special charter granted by the king or queen of England are called.
a) Statutory Companies b) Registered Companies
c) Chartered Companies d) Private Companies
7) The companies which are formed under the companies act are called as
a) Registered Companies b) Public Companies
c) Statutory Companies d) None of these
8) Managing directors will be counted as ------------ while calculating maximum limit in case of private
company.
a) Member b) Employee
c) Shareholder d) None of the above
9) How many members should sign the Memorandum of Association in case of public company are
a) 1 b) 2
c) 5 d) 7
10) ------------ is the conclusive evidence in case of the company that statutory requirements have
complied with
a) Certificate of incorppration b) Certificate of commencement of business
c) Both d) None of the above

NOVEMBER– 2018
1) The term company is defined under ----------- sec of the 2013 act.
a) Sec. 2 (4) b) Sec. 2 (20)
c) Sec. 2 (14) d) Sec. 2 (19)
2) Property of the company belongs to -------------- .
a) Company b) Shareholder
c) Member d) Promoter
3) Which company's share are freely transferable in --------------
a) Private company b) Public company
c) Both a & b d) None of the above
4) Minimum number of member in case of public company are -----------
a) 1 b) 2
c) 5 d) 7
5) Maximum number of member in case of private company is
a) 50 b) 100
c) 150 d) 200
6) Minimum subscription should be received within ----------- days.
a) 120 b) 125
c) 130 d) 135
7) Liability of a member in case of private company is
a) Limited b) Unlimited
c) both a & b d) none of the above
8) How many months did the company can continue its business U/Sec. 45 -------------of the Company Act.
a) 1 b) 2
c) 5 d) 6
9) If the company failed to refund application money within 130 days from the date of issue of minimum
subscription who will be personally liable.
a) Company b) Directors
c) Shareholders d) None of the above
10) Generally Liability of a member in case of a private company is
a) Limited b) Unlimited
c) Both a & b d) None of the above

APRIL/MAY – 2018
1) The rules and regulations for the internal management of a company are contained in its-----
a) Annual report b) Memorandum of association
c) Articles of association d) None of the above.
2) A company is a juristic person with a perpetual succession-------------------------.
a) As such it dies b) Its life depends on the life of its members
c) It is created by a process of law and can be put to an end only by a process of law
d) None of the above.
3) The minimum application money should be--------------- of nominal value of shares
a) 2 % b) 5 % c) 10 % d) 12 %
4) As per Companies (Amendment) Act,2015 a ‘private company’ as a company which has a minimum
paid up capital of…………………..
a) One lakh rupees b) Five lakh rupees c) Ten lakh rupees d) None of the above.
5) As per Companies Act, 2013, companies having net worth of rupees five hundred crore or more or
turnover of rupees one thousand crore or more in a financial year to spend atleast--------- of the average
net profits of last 3 years for the company’s Corporate Social Responsibility (CSR) policy.
a) 2 % b) 3 % c) 5 % d) 10 %
6) Shares can be issued---------------------
a) at par b) at discount
c) at premium d) None of the above.
7) ------------is an aggregate of fully paid share that have been legally consolidated.
a) Share b) Stock
c) Both (a) and (b) d) None of the above.
8) What is the maximum period for redemption in case of preference shares issued by the company?.
a) 10 years b) 20 years
c) 25 years d) 30 years
9) Information memorandum + Shelf Prospectus together Constitutes-------------
a) Memorandum of Association b) Articles of Association
c) Prospectus d) None of the above.
10) ---------------- is a unique identification number provided to all companies listed in Registrar of
Companies (ROCs) under Ministry of Corporate Affairs (MCA) along with its name.
a) PAN b) SIN c) CIN d) PIN

NOVEMBER – 2017
1) Minimum number of Directors in case of Public Company is……………….
a) 1 b) 2
c) 3 d) 4
2) ………………….are required to file prior to making second and subsequent issue of securities in case
shelf prospectus are filed
a) Information Memorandum b) Information Articles
c) Form No.13 d) None of the above.
3) The date of the openining of the subscription list means the beginning of the -----------from the day of
the issue of prospectus.
a)3rd b) 5th c)10th d) 12th
4) The minimum application money should be--------------- of nominal value of shares.
a) 5 % b) 8 % c) 10 % d) 15 %
5) -------------are the shares issued by the company to it employees or directors for consideration other
than cash.
a) Bonus shares b) Sweat equity shares
c) Preference shares d) None of the above
6) Buy back should be less than or equal to --------------------% of total paid up capital.
a) 25 b) 30 c) 35 d) 40
7) Debentures payable to a person whose name appears both on debenture certificate and company’s
register is called--------------------
a) Bearer b) Unregistered
c) Registered d) None of the above.
8) A foreign company means a company incorporated …………….India and having a place of business---
------------- India
a) outside, outside b) in, in
c) in , outside d) outside, in
9) An exception to the doctrine of constructive notice is……………………
a) Doctrine of ultra vires b) Doctrine of indoor management
c) Lifting the corporate veil d) None of the above.
10) On a share of Rs. 100 of a company, a shareholder has already paid Rs. 20.His Liability is
now limited to Rs.-------------
a) 100 b) 30 c) 80 d) 10

APRIL/MAY – 2017
1) The ------------ defines a companies relations with the outside world.
a) Prospectus b) Memorandum of Association
c) Articles of Association d) None of the above
2) The rules and regulations for the internal management of a company are contained in its -------
a) Annual Report b) Prospectous
c) Memorandum of Association d) Articles of Association
3) The articles of association can be altered by ------------
a) A resolution of the Board of Directors b) An ordinary resolution in general meeting
c) A special resolution in general meeting d) None of the above
4) A foreign company means a company incorporated ---------- India and having a place of business---India.
a) Outside, Outside b) in, in
c) In, outside d) Outside, in
5) As per companies Act, 2013 every company shall have a minimum number of ---------- directors
in the case of a public company and ----------- directors in the case of private company.
a) 5, 4 b) 3, 2
c) 2, 2 d) 4, 4
6) The Resreve Bank of India is an example of a ----------------
a) Registered Company b) Statutory Company
c) Chartered Company d) Unlimited Company
7) Shares can be issued ------------
a) At par b) At discount
c) At premium d) All of the above
8) A company at least 51% of whose share capital is held by the government is called a --------
a) Public enterprise b) Public Company
c) Government Company d) Private Company
9) The minimum number of persons required to form a private company is ------------
a) 7 b) 2
c) 3 d) 4
10) The dividend on preference share capital is paid ------------------
a) Whenever there are profits b) When there is loss
c) Even if there are no profits d) After dividend is paid to equity shares.

NOVEMBER– 2016
1) The maximum number of members in private limited company shall not exceed------
a) 50 b) 200 c) 100 d) none of the above
2) Articles of Association can be altered by passing------
a) An ordinary resolution in annual general meeting b) A special resolution in annual general meeting
c) a resolution with special notice d) without any resolution
3) Convening meeting of a Company is the responsibility of the---------
a) Chairman, Board of Directors b) Managing Directors
c) Company Secretary d) General Manager
4) Internal activity of a Company is going to be performed according to established regulations. This
assumption is provided as a right by-----
a) Doctrine of Indoor Management b) Doctrine of Constructive Notice
c) Doctrine of Ultra- Vires d) Doctrine of Intra- Vires
5) -------- stated that, ‘a company is an artificial person created by law, having seprate entity, with a
perpetual succession and commen seal’
a) Lord Justice Lindley b) Chif Justice Marshall
c) Justice P. N. Bhagawati d) Prof. Haney
6) A----- is a body corporate constituted in a single person who, in right of some office or function, has
corporate status.
a) Corporation Sole b) Corporation Aggregate c) Partnership Firm d) Hindu Joint Family
7) Section------ of the Companies Act, 2013 defines an unregistered company
a) 375 b) 374 c) 376 d) 377
8) On and from the date mentioned in the certificate of incorporation, the registrar shall allot to the
company a--
a) Corporate Indemnity Number b) Corporate Identity Number
c) Company Incorporation Number d) None of the above
9) One Person Company consist of-------
a) One Company as a member b) One person as a member
b) One Director as a member d) All of the above
10) Every company shall hold the first meeting of the Board of Directors within-------- days of its
incorporation
a) Sixty b) Ninety c) Fifteen d) Thirty

APRIL/MAY – 2016
Q.1, Choose correct option from the following. (10)
1)----------means a company incorporated under this Act or under any previous company Law.
a) Company b) Industry
c) Factory d) Associaton
2) According to companies Amendement Act, 2013, the maximum no of members in private company is
a) 50 b) 100
c) 150 d) 200
3) ----- is a fundamental document of company which indicate objects of it's incorporation.
a) Articles of association b) Share certificate
c) Debenture d) Memorandum of association
4) Doctrine of indoor management provides protection to--------against company.
a) Debenture-holder b) Outsider
c) Liquidator d) company law Tribunal
5) ---------- share holders get preferential right in dividend.
a) Equity shareholders b) Preference shareholders
c) Both (a) and d) None of the above
6) According to companies Amendment Act, 2013, the public company requires a minimum
number of----------directors.
a) One b) Two
c) Three d) Four
7) Every company shall hold the first meeting of Board of directors within days of its incorporation.
a) 15 days b) 30 days
c) One month d) 6o dyas
8) 'A company is distinct from it's members' is illustrated in leading case------
a) Saloman-Saloman & Co.Ltd b) Dailmer Company Ltd.-Continental tyre & rubber Co.
c) Commissioner of income tax-Sir Dinshaw Petit. d) None of the above
9)---------is the process by which life of a company is ended and it's property administered for
the benefit of it's members and creditors.
a) Winding up b) Dissolution
c) Incorporation d) Insolvency
10)------------means a company which has any of it's securities listed on any recognised stock exchange.
a) Private Company b) Listed Company c) Government Company d) None of the above

NOVEMBER– 2015
1)" A Company is distinct from its members' is illustrated in leading case
a) Commissioner of Income Tax v.Sir b) Daimler company ltd v. Continental Tyre Dinshaw Petit & Rubber Co
c) Solomom v. Solomon & Co. Ltd d) None of the above
2) A promoter is a person
a) Who brings about the incorporation & organization of company c) Sets in motion the machinery
b) Brings together the person who become interested in the enterprise d) All of them
3) The doctrine of ultra vires laid down in the case
a) Soloman v. Soloman & Co. Ltd b) Ashbury Railway Carriage and Iron Co. v. Riche
c) Foss v. Harbottle d) Royal British Bank v. Turquand
4) Maximum number of members in case of private company under Companies Act, 2013 is
a) 50 b) 200
c)150 d) 100
5) Which doctrine had its genesis in Royal British Bank v. Tarquand?
a) Doctrine of Indoor Management . b) Doctrine of ultra virus.
c) Doctrine of Constructive notice. d) None of them
6) Shares and debentures of company are
a) Movable and tangible property b) Imovable and tangible property
c) Movable and in tangible d) Imovable and in tangible
7) Minimum Paid up share capital of public company is
a) One Lakh Rupees b) Five Lakh Rupees
c) Ten Lakh Rupees d) Fifteen Lakh Rupees
8) Alteration of Articles must be done by passing
a) Ordinary resolution b) Special resolution
c) Both (a) & (b) d) None of the above
9) At every annual general meeting of a company the board of directors of the company shall lay before
the company
a) a balance sheet b) a profit and loss account
c) both a and b d) None of the above
10) The payment of dividend is at fixed amount or at a fixed rate in case of
a) Equity Shares b) Preference Shares

APRIL/MAY – 2015
Q.1.Choose correct option from the following. (10)
1) Minimum number of members for the formation of public company is
a) 1 b) 2
c) 5 d) 7
2) The doctrine of ultra vires laid down in the case--------
a) Soloman v. Soloman & Co. Ltd b) Ashbury Railway Carriage and Iron Co. v. Riche
c) Foss v. Harbottle d) Royal British Bank v. Turquand
3) ----is effected by operation of law.
a) Transfer of shares b) Transmission of shares
c) Both (a) and (b) d) None of the above
4) Which rule is laid down in the case of Foss v. Harbottle
a) Minority Rule b) Majority Rule
c) Chairman Rule d) Tribunal rule
5) A charge is created on some definite or specific property of the permanent nature called--
a) Fixed charge b) Floating charge
6) As per Companies Act 2013, no person shall hold office as a director in more than ------Companies at
the same time.
a) 5 b) 15 c) 20 d) 30
7) Debentures specifying the period of the loan and expiry of the loan within which they are to be
redeemed are called
a) Convertible Debenture b) Bearer Debenture
c) Redeemable Debenture d) Perpetual Debenture
8) The Quoram for meeting in case of public company is-------- if the number of members
are not more than one thousand as on the date of meeting.
a) 2 b) 3 c) 4 d) 5
9)--------are the rules, regulations and bye-laws for the internal management regulation of the affairs of a
company.
a) Memorandum of Association b) Articles of Association
10) The payment of dividend is at fixed amount or at a fixed rate in case of
a) Equity Shares b) Preference Shares c) Both (a) & (b) d) None of the above

NOVEMBER– 2014
Q.1. Choose correct option from the following. (10)
1) The independent personality of a company is illustrated by the leading case----------
a) Solomon v. Solomon & Co. Ltd b) Foss v. Harbottle
c) Golanda Industries v. Registrar of Companies d) Illingworth v. Houldsworth
2) ---------company shares can be freely transferable.
a) Private company b) Public company
3) Maximum number of members in case of private company under Companies Act, 2013 is ---
a) 50 b) 200
c) 150 d) 100
4) A company is named as Government Company if it holds -------Percentage of paid up share capital.
a) 21 % b) 31 %
c) 51 % d) 100 %
5) The Companies which are formed under Special Charter granted by the King or Queen of England are called
a) Statutory Companies b) Registered Companies
c) Chartered Companies d) None of these
6) Minimum Paid up share capital of public company is--------
a) One Lakh Rupees b) Five Lakh Rupees
c) Ten Lakh Rupees d) Fifteen Lakh Rupees
7) The doctrine of indoor management is an-------to the doctrine of constructive notice.
a) Exception b) Extension
c) Alternative d) None of these
8) Alteration of Articles must be done by passing-----------
a) Ordinary resolution b) Special resolution
9 -----------Preference shares carry the right to cumulative the dividends.
a) Convertible b) Cumulative
c) Non-convertible d) None of the above
10) ---------is voluntary passage of the rights and duties of members from a share holder.
a) Transfer of shares b) Transmission of shares

NOVEMBER – 2019
Q. 2. Answer the following in short. (up to 30 words) (10)
1) Contributory
2) Share warrant
3) OPC-One Person Company
4) Call on shares
5) Shelf prospectus
APRIL-MAY– 2019
Q. 2.Answer the following in short. (up to 30 words) (10)
1) Explain what is Shelf prospectus U/2013 Act.
2) Explain the Kinds of Share
3) What are the Liabilites of Director
4) Explain Characteristic of a debenture
5) Explain what is Private Placement. U/Sec. 42.
NOVEMBER– 2018
1) Define the Red Herring prospectus under 2013 Act.
2) Define the term company under 2013 Act.
3) Who can be a member?
4) Explain the doctrine of lifting of corporate veil.
5) Define share and share capital.
APRIL/MAY – 2018
1) Define ther term ‘Company’ under Companies Act, 2013
2) Define’Debenture’ under Companies Act.
3) Define fixed and floating charge.
4) ‘Company can purchase its own shares only out of certain proceeds’. Enlist those proceeds.
5) Define share and share capital.


NOVEMBER – 2017
1) Define Share and Share Capital.
2) Give the meaning of the term ‘Dividend’.
3) What is meant by Red herring Prospects?
4) Define Charge under Companies Act.
5) Define holding and subsidiary company.
APRIL/MAY – 2017
1) What is meant by ‘abridged prospectus’ under Companies Act, 2013.
2) Give definition of promoter under Companies Act, 2013.
3) Enlist the classification of debentures.
4) Give definition of share and share capital.
5) Give meaning of the term.
NOVEMBER– 2016
1 What is a Company?
2 What do you mean by Share?
3 Explain One Person Company
4 What do you mean by allotment?
5 What is the limited liability of the Company?
APRIL/MAY – 2016
1) Define various types of share capital.
2) Who is promoter?
3) Explain types of meetings.
4) What is fixed charge?
5) What is SEBI?

NOVEMBER– 2015
1) Define the term 'Company' under the Companies Act 2013.
2) What is Company limited by guarantee?
3) Write on Auditor.
4) Enlist the different modes of acquiring membership of company.
5) What is meant by fixed charge and floating charge ?
APRIL/MAY – 2015
Q. 2.Answer the following in short. (up to 30 words) (10)
1) Define the term Private Company' under the Companies Act 2013.
2) Enlist the different modes of acquiring membership of company.
3) Explainthe concept of share certificate.
4) Explain the concept of call on shares.
5) What is meant by fixed charge and floating charge ?
NOVEMBER– 2014
1) Define the term 'Company' under the Companies Act 2013.
2) What do you mean by 'Share' and 'Share Capital' of a company?
3) Define the term 'Prospectus' under the Companies Act 2013.
4) Explain the term debenture and charge under the Companies Act 2013.
5) Explain the term allotment of Shares.


NOVEMBER – 2019
Q. 3. Short Notes. (any four) (20)
1) Doctrine of Indoor Management with leading caselaw.
2) Transfer and transmission of shares
3) Modes of acquiring membership in a company
4) Forfeiture of shares
5) Kinds of meetings and resolutions
6) Rights and liabilities of creditors of the company
7) Contents of prospectus
APRIL-MAY– 2019
1) Explain Doctrine of Constructive Notice.
2) Explain the provisions of appointment of Official Liquidator.
3) Difference between Company and Partnership firm.
4) Explain the Contents of Article of Association
5) Explain what is abridged prospectus.
6) Explain what does it means by Transfer & Transmission of Shares.
7) Explain Security Exchange Board of India. (SEBI).
NOVEMBER– 2018
1) Explain statement in leu of prospectus.
2) Explain the doctrine Indoor Management.
3) Explain Sailent features of a company.
4) Contents of Article of Association.
5) Appointment of Directors.
6) Kinds of companies.
7) What does it mean by fixed and floating charge.


APRIL/MAY – 2018
1) Transfer and Trasmission of shares
2) Contents of prospectus
3) Kinds of companies
4) Legal position of Promoter
5) Company and partnership
6) SEBI
7) Kinds of Debentures
NOVEMBER – 2017
1) Kinds of Resolutions
2) Lifting or Piercing the Corporate Veil
3) Doctrine of Ultra Vires
4) Transfer and Transmission of Shares
5) Modes of acquiring membership in a company
6) Kinds of Director
7) Share and stock
APRIL/MAY – 2017
1) Alternation of Articles.
2) Kinds of share capital
3) Ordinary and special resolution
4) Appointment of managing director, whole-time director or manager.
5) Powers and functions of official liquidater.
6) Reduction of share capital
7) Transfer and transmission of shares.


NOVEMBER– 2016
1 Doctrine of Indoor Management
2 National Company Law Tribunal
3 Class Action under Companies Act, 2013
4 Statement in lieu of Prospectus
5 Modes of winding up of Company
6 Legal position of Director of Company
7 Difference between Company and Partnership
APRIL/MAY – 2016
1) Explain difference between company and partnership firm.
2) Explain Doctrine of ultra-vires.
3) Explain particulars of prospectus.
4) Explain duties and liabilities of auditors.
5) Discuss the concept of company Liquidator and Contributory.
6) Explain difference between shareholder and debenture-holder of Company.
7) Explain appointment & duties of directors.
NOVEMBER– 2015
2) Lifting the corporate viel.
3) Share Capital
4) Memorandum of association
5) Doctrine of ultra vires
6) Promoter
7) Annual general meeting.


APRIL/MAY – 2015
2) Forfeiture of shares
3) Rights and Liabilities of Shareholder
4) Power and duties of auditor
5) Power and function of liquidator
6) Doctrine of ultra vires
7) Kinds of Resolutions
NOVEMBER– 2014
1) Transfer and Transmission of Shares
2) Difference between Share and Stock
3) Legal position of Promoter
4) Kinds of Share Capital
5) Reduction of share capital
6) Share Certificate
7) Lifting the Corporate Veil


NOVEMBER – 2019
Q. 4. Answer the following questions. (Any two) (20)
1) Explain various kinds of companies. What is the difference between public company and private company?
2) Discuss merits and demerits of Incorporation of the company with relevant case laws.
3) Explain the procedure for winding up of Company.
4) What is Articles of Association? Can a company change or adopt its own articles? Discuss along with
procedure for alteration of Articles.
APRIL-MAY– 2019
1) Define Who is a member of the company and write the modes of accccusiation of memerbership ?
2) Explain the Merits and Demerits of incorporation.
3) Explain the dirctors fundiciary position with effect to their duties and liabilites of directors of the company?
4) Explain the different kinds of companies and distinction between private company and public company.
NOVEMBER– 2018
1) Who is a promoter and explain liabilities and duties of Promoter?
2) Explain the meaning of winding up of the company? and discuss the various modes of winding up?
3) Memorandum of Association of the company sets out the constitution of the company Explain the meaing
and contents of Memeorandum of Association.?
4) What is Mis-representation in prospectus? and explain its remedies?
APRIL/MAY – 2018
1) “When the legal entity of a corporate body is misused for fradulant and dishonest purposes, the individual concerned
will not be allowed to take shelter behind the corporate personality.” Discuss the circumstances in which court will
disregard the separate personality of company with case laws.
2) Define allotment of shares. Discuss general principles regarding allotment and statutory restrictions on allotment.
3) “The memorandum of association of company is the most important document as it sets out the constitution
of the company.” Discuss the various contents of memorandum along with its significance.
4) In relation to winding up of the company, discuss
a) Winding up by Tribunal b) Duties of the Company Liquidator.


NOVEMBER – 2017
1) “The incorporation of the company makes it an independent entity from its shareholders and consequently,
the company has legal personality of its own.” Discuss this statement with leading case laws and elaborate
nature of company.
2) Explain in detail „Turquand‟s Rule‟ along with its exceptions.
3) Discuss the Rule in „Foss v. Harbottle‟ along with its exceptions.
4) „Winding up is a term commonly associated with the ending of a company‟s existence.‟ In the light of this
statement, discuss various modes of winding up of a company under the Companies Act and also highlight who
may file petition for Winding up of a company to the Tribunal?
APRIL/MAY – 2017
1) „The company is vested with a corporate personality distinct from individuals‟ Discuss this statement with
essential features of company.
2) State and explain various kind of companies under companies act.2013
3) „The memorandum of association is a document which sets out the constitution of the company . Explain
meaning form and various contents of memorandum.
4) Explain the meaning of winding up of company and discuss various modes of winding up.
NOVEMBER– 2016
1) Who is a Promotor? Explain his legal position, duties and liabilities.
2) Define Company as an artificial person, state the various characteristics of the Company.
3) Explain the rule laid down in Foss V. Herbottel and exceptions to it.
4) Explain in detail meaning, importance and contents of Memorandom of Association –a fundamental

document in the life of the Company
APRIL/MAY – 2016

1) Explain various types of companies under the companies Act.
2) Discuss characteristics of a company with special reference to saloman-v-saloman Co.Ltd.
3) Discuss various types of winding up of Company.
4) Write a detail note on 'Memorandum of Association'

NOVEMBER– 2015
1) "A company is a legal entity distinct from its members." Explain with relevant case lai
2) Explain different kinds of companies with special reference to Companies Act 2013
3) Discuss fully "Doctrine of Indoor management" with the exceptions.
4) "Shares make a comparitive account of `preferance shares' and Equity shares"- Discus
APRIL/MAY – 2015
Q. 4.Answer the following questions. (Any two) (20)
1) What is meant by doctrine of indoor management ? Explain with its exceptions.
2) Explain the procedure of formation and incorporation of company under Companies act 2013
3) Discuss the role and position of director under the Companies Act 2013.
4) What is meant by winding up of company and explain various modes of winding of the company
NOVEMBER– 2014
1) "A company is a legal entity distinct from its members." Explain with relevant case laws:
2) Explain different kinds of companies with special reference to Companies Act 2013
3) What is a Memorandum of Association ? Explain its contents and legal effects.
4) "The will of majority must prevail"- is the principle of company management. Are there any exceptions to
this rule ?

Sub.: Company Law (LW-504/LW-9004) : Tilak Maharashtra Vidyapeeth, Pune

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Sub.: Company Law (LW-504/LW-9004) : Tilak Maharashtra Vidyapeeth, Pune

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TILAK MAHARASHTRA VIDYAPEETH, PUNE

BACHELOR OF LAWS LL.B. / B.A. LL.B. (FOURTH / EIGHT SEMESTER)

Sub.: Company Law (LW-504/LW-9004)

Sub.: Company Law (LW-504/LW-9004)

Sub.: Company Law (LW-504/LW-9004)

Sub.: Company Law (LW-504/LW-9004)

Sub.: Company Law (LW-504/LW-9004)

Sub.: Company Law (LW-504/LW-9004)

Sub.: Company Law (LW-504/LW-9004)

Sub.: Company Law (LW-504/LW-9004)

Sub.: Company Law (LW-504/LW-9004)

Sub.: Company Law (LW-504/LW-9004)

Sub.: Company Law (LW-504/LW-9004)

Sub.: Company Law (LW-504/LW-9004)

Q. 2. Answer the following in short. (up to 30 words) (10)

3) OPC-One Person Company

Q. 2.Answer the following in short. (up to 30 words) (10)

1) Explain what is Shelf prospectus U/2013 Act.

2) Explain the Kinds of Share

3) What are the Liabilites of Director

4) Explain Characteristic of a debenture

5) Explain what is Private Placement. U/Sec. 42.

Q. 2. Answer the following in short. (up to 30 words) (10)

1) Define the Red Herring prospectus under 2013 Act.

2) Define the term company under 2013 Act.

3) Who can be a member?

4) Explain the doctrine of lifting of corporate veil.

5) Define share and share capital.

Q. 2. Answer the following in short. (up to 30 words) (10)

1) Define ther term ‘Company’ under Companies Act, 2013

2) Define’Debenture’ under Companies Act.

3) Define fixed and floating charge.

5) Define share and share capital.

Sub.: Company Law (LW-504/LW-9004)

Q. 2. Answer the following in short. (up to 30 words) (10)

1) Define Share and Share Capital.

2) Give the meaning of the term ‘Dividend’.

3) What is meant by Red herring Prospects?

4) Define Charge under Companies Act.

5) Define holding and subsidiary company.

Q. 2. Answer the following in short. (up to 30 words) (10)

1) What is meant by ‘abridged prospectus’ under Companies Act, 2013.

2) Give definition of promoter under Companies Act, 2013.

3) Enlist the classification of debentures.

4) Give definition of share and share capital.

5) Give meaning of the term.

Q. 2. Answer the following in short. (up to 30 words) (10)

2 What do you mean by Share?

3 Explain One Person Company

4 What do you mean by allotment?

5 What is the limited liability of the Company?

Q. 2. Answer the following in short. (up to 30 words) (10)

1) Define various types of share capital.

3) Explain types of meetings.

4) What is fixed charge?

Sub.: Company Law (LW-504/LW-9004)

Q. 2. Answer the following in short. (up to 30 words) (10)

1) Define the term 'Company' under the Companies Act 2013.

2) What is Company limited by guarantee?

4) Enlist the different modes of acquiring membership of company.

5) What is meant by fixed charge and floating charge ?

Q. 2.Answer the following in short. (up to 30 words) (10)

2) Enlist the different modes of acquiring membership of company.