UNIVERSiTY OF THE PUNJAB ●● ● ●● ￨● ● ●● ● ● ￨● ● ￨● ● ● ● ￨

電ア L.L.B.Io5 YearsI Part― Ⅳ Annual ExaminaJOn… 2022

SutteCt Mercantile Law(New Course) Paper‖
三Roll NQ… …… ,三
l
Time:3 Hrs, Marks:loo

NorE: Attempt3ny FlvE guestrons in ail, serecting THREE guesfioas

and oNE question each from pART-r ana paar-u. Atii;;si;;;
from pART-t
marks,
carry equat

rrerrnc I nrbuc limited company and a

tbe tum-
WhatdO yOu undmand by tt tem PrOmoterOFa∞
mpa■y7
Jey remunerated.

埜 望Ch■ on and dra↓ ad、 619■ On betteen themI

糀 驚a reduction in its share capitat.

affecting In wirat
薔
cases;;;;offiJJHno,
object to the reduction ofcapital? '
-''--- "'-J
Defineip@
result of an untrue statement in a prospeciusi--

椰
the pmdsOn nichthecOm may dissOlve aPmmbip on晨
戴 ごa
isthe date ofa dec_d paneFliable fOr
elts of a llmjone after his death.

u° fExchange'and a`PrOmis30ry NOte'andぬ

謂 胤 1覇 wa磁 醐 ml面 高
.S r-.r-.e:(oivl;i
UNIVERSITY OF THE PUNJAB :':': :""""""":
B part-tv rnnuatexamination-zozt :..l?tl.\?:::':l:'j'.':'j:.:
Subject: Mercantile Law Paper: lll Time: 3 HIs. Marks: 100

NOTE: Altempt any FIVE guesfions in all, selecting THREE guestioas from PART-I
and ONE question each from PART-ll and PART-lll. All guestions carry equal
marks.

Prrt-l
Q. I What is lvimorm&ur of Ascociltioo? E rpltin tie aod linta b ultich a Prrblb
mdrc&
Limitcd company cqo alt€r tbo Object Clausc of iB tvt€moraodum of A$ocidion

Q.2 Strto the taw on Annuel Crnercl Moodng (AGM) md discuts the applicoble provisions
mNotice and Quorum rcqui lceitsand bughess to betsanrrcted atthe mocting.

Q.3 Desqibe th€ law relating to dro qualificariq method of rypdamcog porircrs, &rties ud
proccdurs fc tho removat of a compy's qtdilor.

Q.4 Vlbo is a liquidalor. How is thc oftciEl liqrddator appoioted and rcmowd? State tre
rpasons forrunovsl of m ofEcid liquiddor.

Q.5 Defino 'Share'. How allotueot of a Sarc in publio linitsd carymy is madc? What
nstricties arc inpoeed on strtlt dlotment?

Q.6 U/hEt is rrcant by winding up? Under r&o chcumstances s aolnpooy may bo rcund up
volunarily and ufro docs such wfuding up commcoccs?

Prrt-II
Q.7 Statc trc cirpumstecos uo&r which trc firm ir oomprlsorily dissoh/cd.

Q. 8 What is ihc effect ofthc l.tron- Rogistation of a firm udsr tho Parhcrddp Act.

Pert-IIl
Q. 9 XIri& s nota on 'houtissory Ndo', 'Bill of Exchango' ud a 'Choque'.

Q.l0 When a bekcr is jusfifiod in dislrnciog E cfuquo-rod when r.bedrer*iebomd to

dishonor r cheque?
ヽ
3 UNIVERSIttY OF THE PUNJAB
LL.B.(05 Vears〕 Part― Ⅳ Annual Exarnination-2020
SubJect: Mercantile Law (New Course) Paper: lll
:lii:illl:llilil:lil:lil::

Time:3 Hr3. Marks:100

NOTE: Attempt any FIVE questions in all, selecting THREE questions from PART-I and
ONE question each from PART-ll and PART-lll. All qu*tions carry equal marks.

Pcrl
COMPANB ACT2017
Stdtrtoty fePort. Do the
0ル ″ shareholders have any remedy if ttre Stafitory meeting is not held or a Statutory
Rroort has not been ftted wittr the RegisEar?
o脇 。
2 Define a Public Limited Company and a Partnership and draw a distinction
between the two.
0及λ
J What h Memorandum ofAssociation of a Fublic Limited Cornpany{ lVbat arc its
essential clauses? Discuss eash one ofthem in drtail.
0筋 .イ Give the Pulpose, majoriry and period of notice required inthe following: -
a Special Resolution
b. Ordinary Resolution
c. Resolution requiring speciat Notice.
0ル・5 Write a comprehensive note on the law and the procedure of tansfer of slmes in a
Public Limited Company. Under what circumst nc€s the directoffi can refuse
resistation of the transfer? Does an appeal lie asainstthe refirsal?
0滋λ6 In what various ways apsrsonmay become member of aPublic Limitod Conpany
and how he casssto be a mernber?
Page l of2 P.T,0.
 PART Ⅱ
PARTN圏 田藪壼P ACT 1932
o腸。
7 Firmt Discuss the rights and
liabilities of a minor admitt€d to the benefitsof theP
0比λ
∂ of a dcceased Parhcr liable for

PARTIⅡ I
THE NECOTIABLEINSTRUMENTS ACT
0腸.9 Gfrni i Biti of Exchange and what are its essential requisites?

2・ 助・
Jθ
When a banker is justified in dishonoring a cheque and when a banker is bound to
dishonor a cheque?

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