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City Law College

(Jankipuram)
LL.B. (3 Year) 3rd Semester
Internal Exam, Company Law
Unit III

Time: 10: 00 – 11: 10

Long answer questions -

Q.1- What is the principle laid down in the case of “Solomon & Co. Ltd. (1897) AC 22”?
Explain.

Q.2- Define-

a.) Incorporation of a company

b.) Any three advantages of incorporation

c.) Any three disadvantages of incorporation

Q.3- Explain-

a.) Lifting of a Corporate Veil

b.) Any five circumstances under which the corporate veil of a company may be lifted to
know its real character.

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