Paper Code:C-695(R-10)

Roll Number:

B.Com. (Honours) Part-III (Semester-VI) Examination (April-May 2014)

Subject: ACCOUNTS/MANAGEMENT Paper: Subsidiary
Paper Title: Company Law and Secretarial Practice
Maximum Marks: 150 Duration: 3 hrs. (Part-A: 20 min. and Part-B & C: 2:40 hrs. )

PART - A
(OBJECTIVE TYPE QUESTIONS)

Note: Separate ANSWER SHEET for marking the correct options of PART-A is provided. Tick (
) your
options on the answer sheet.
ikVZ&A ds iz’uksa ds lgh fodYi vafdr djus ds fy;s i`Fkd 'khV nh xbZ gS] vius fodYi blh 'khV ij fVd (


) yxkdj vafa dr djsAa

Marks: 30 (20 Questions of 1.5 Marks each)

Note: All questions are compulsory & carry equal marks.
lHkh iz'u vfuok;Z gSa vkSj lHkh ds vad leku gSAa

A-01: The minimum number of directors in a public company is-

,d lkoZtfud dEiuh esa lapkydksa dh U;wure la[;k gksrh gS&
(A) 3 (B) 7 (C) 10 (D) 20

A-02: The registration of company is-

dEiuh dk iath;u djkuk gS&
(A) Optional ,sfPNd (B) Necessary vko’;d
(C) Compulsory vfuok;Z (D) None of these buesa ls dksbZ ugha
A-03: The clauses in memorandum of association are-
Ikk"kZn lhekfu;e esa okD; gksrs gSa&
(A) 2 (B) 4 (C) 6 (D) 8
A-04: There are signatures of prospectus-
izfooj.k ij gLrk{kj gksrs gSa&
(A) of promoter izorZd ds (B) of director lapkyd ds
(C) of Shareholders va’k/kkjh ds (D) of authorized director vf/kd`r lapkyd ds
A-05: Preference share can be issued-
iwokZf/kdkjh va’k fuxZfer fd;k tk ldrk gS&
(A) By public company lkoZtfud dEiuh }kjk
(B) By private company futh dEiuh }kjk
(C) By limited company through guarantee xkj.Vh ls lhfer dEiuh }kjk
(D) By all except limited company through guarantee xkj.Vh }kjk lhfer dEiuh dks NksM+dj lHkh ds }kjk
A-06: Debentures can be issued-
_.ki= fuxZfer fd;s tk ldrs gSa&
(A) At par value le ewY; ij (B) On premium izhfe;e ij
(C) At discount cV~Vs ij (D) All of these buesa ls lHkh ij
A-07: Preference shareholders get dividend-
iwokZf/kdkjh va’k/kkfj;ksa dks ykHkka’k feyrk gS&
(A) Before equity shareholders lerk va’k/kkfj;ksa ls iwoZ
(B) After equity share holders lerk va’k/kkfj;ksa ds i'pkr~
(C) According to the facility of the company dEiuh dh lqfo/kk ds vuqlkj
(D) None of these buesa ls dksbZ ugha

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 Paper Code:C-695(R-10)
A-08: ‘Doctrine of indoor management’ was born-
^vkUrfjd izc/a k ds fl)kUr* dk tUe gqvk&
(A) In the case of Soloman V/s Soloman Co. Ltd. Lkykseu cuke lkyseu ,.M da- fy ds ekeys esa
(B) In the case of Le V/s Lease Air Farming Ltd. Ykh cuke yht ,;j QkfeZx fy- ds ekeys esa
(C) In the case of Royal British Bank V/s Terquand jkW;y fczfV’k cSad cuke VjDok.M ekeys esa
(D) In the case of Ashbary Railway Carriage and Iron Company V/s Rekay
,’kcjh jsyos dsfj,t ,.M vk;ju dEiuh cuke fjds ekeys esaA
A-09: A public company can start business-
,d lkoZtfud dEiuh O;kikj izkjaHk dj ldrh gS&
(A) After promotion izorZu ds i'pkr
(B) After incorporation lekesyu ds i'pkr
(C) After capital subscription iwath vfHknku ds i'pkr
(D) After obtaining certificate to start business O;kikj izkjaHk djus dk izek.k i= feyus ds i'pkr
A-10: A person can posses the post of director in maximum companies-
,d O;fDr vf/kdre dEifu;ksa esa lapkyd cu ldsxk&
(A) 20 companies 20 dEifu;k¡ (B) 15 companies 15 dEifu;k¡
(C) 05 companies 05 dEifu;k¡ (D) None of these buesa ls dksbZ ugha
A-11: According to company act qualification shares for directors are-
dEiuh vf/kfu;e ds vUrxZr lapkydksa dks ;ksX;rk va’k gS&
(A) Compulsory vfuok;Z
(B) Compulsory only if mention in article of association of company dEiuh ds vUrZfu;eksa esa fn;k tkus ij
(C) Compulsory if resolved in board of director meeting lapkyd e.My }kjk izLrkfor djus ij
(D) None of these buesa ls dksbZ ugha
A-12: For special resolution, members voting must be-
fo'ks"k izLrko ds fy, lnL;ksa dk er vko’;d gS&
(A) 2/3 Majority of members 2@3 lnL;ksa ds cgqer ls
(B) 3/4 Majority of members 3@4 lnL;ksa ds cgqer ls
(C) 1/2 Majority of members 1@2 lnL;ksa ds cgqer ls
(D) None of these buesa ls dksbZ ugha
A-13: Statutory report must be presented in-
oS/kkfud izfrosnu vko’;d :i ls izLrqr djuk pkfg,&
(A) In Annual general meeting okf"kZd lk/kkj.k lHkk esa
(B) In Extra ordinary general meeting vlkekU; lk/kkj.k lHkk esa
(C) In Statutory meeting oS/kkfud lHkk esa
(D) None of these buesa ls dksbZ ugha
A-14: According to the Principle of Company Act 1980, Institute of Company Secretary is a -
dEiuh vf/kfu;e 1980 ds izko/kkuksa ds vuqlkj] dEiuh lfpo laLFkku gS&
(A) Body Incorporate lekesfyr laLFkk (B) Department of Company dEiuh dk foHkkx
(C) Regional Office of Govt. ’kkldh; {ks=h; dk;kZy; (D) None of these buesa ls dksbZ ugha
A-15: Difference between two annual general meeting can be a period up to 18 months with permission of-
nks okf"kZd lk/kkj.k lHkk dk vUrj 18 ekg rd fuEu dh vuqefr ls gks ldrk gS&
(A) Registrar jftLVªkj }kjk (B) Director Board lapkyd cksMZ }kjk
(C) Members lnL;ksa }kjk (D) None of these bueas ls dksbZ ugha

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 Paper Code:C-695(R-10)
A-16: Statutory meeting may be organizes in life time of company:
oS/kkfud lHkk dEiuh ds thou dky esa cqykbZ tkrh gS&
(A) Only one time flQZ ,d ckj (B) Annually izfro"kZ
(C) On demand of shareholders va’k/kkfj;ksa dh ekax ij (D) None of these buesa ls dksbZ ugha
A-17: It is necessary to give information of general meeting-
lkekU; lHkk dh lwpuk nsuk vko’;d gS&
(A) Before 7 days 7 fnu iwoZ (B) Before 14 days 14 fnu iwoZ
(C) Before 21 days 21 fnu iwoZ (D) Before 28 days 28 fnu iwoZ
A-18: Which of the meeting the company calls only once in its lifetime-
dkSu&lh lHkk dEiuh vius thou dky esa dsoy ,d ckj cqykrh gS&
(A) Extra ordinary general meeting vlk/kkj.k lkekU; lHkk
(B) Statutory meeting oS/kkfud lHkk
(C) Annual general meeting okf"kZd lk/kkj.k lHkk
(D) Meeting of debenture holders _.ki=/kkfj;ksa dh lHkk

A-19: The proposal is passed to transfer the registered office of the company from one state to another state-
dEiuh ds iathd`r dk;kZy; dks ,d jkT; ls nwljs jkT; esa gLrkUrfjr djus ds fy, izLrko ikfjr gksrk gS&
(A) Ordinary Resolution lk/kkj.k izLrko
(B) Special Resolution fo’ks"k izLrko
(C) Resolution requiring special notice fo’ks"k lwpuk okyk izLrko
(D) None of these buesa ls dksbZ ugha
A-20: The brief is prepared in company meeting by-
dEiuh lHkk ds lw{e rS;kj djrk gS&
(A) Company director dEiuh lapkyd (B) Company Secretary dEiuh lfpo
(C) Company auditor dEiuh vads{kd (D) Managing Director izc/a k lapkyd

PART - B
( SHORT ANSWER TYPE QUESTIONS)
Marks: 32 (4 Questions of 8 Marks each)
Note: All questions are compulsory & carry equal marks.
lHkh iz'u vfuok;Z gSa vkSj lHkh ds vad leku gSAa

B-01: “Company is an artificial person.” Comment.

^^dEiuh ,d d`f=e O;fDr gSA** leh{kk dhft,A
Or
“The certificate of incorporation is the conclusive evidence of registration of company.” Explain.
^^lekesyu dk izek.ki= dEiuh ds iath;u dk fu’p;kRed izek.k gSA** Li"V dhft,A

B-02: What are the restrictions on a company on purchase of its own shares?
dEiuh }kjk vius gh va’kks dh [kjhn ij D;k izfrca/k gS\
Or
State main distinctions between share certificate and share warrant.
va'k izek.ki= ,oa va’k vf/ki= esa ize[q k vUrj crkb,A

B-03: Write main restrictions on the appointment of company directors.

dEiuh lapkydksa dh fu;qfDr ds laca/k esa yxk;s x;s eq[; izfrca/k fyf[k,A
Or
Describe the provisions regarding remuneration of part-time directors.
va'kdkyhu lapkydksa ds ikfjJfed laca/kh izko/kkuksa dk o.kZu dhft,A

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 Paper Code:C-695(R-10)

B-04: What is meant by professional misconduct by company secretary?

dEiuh lfpo }kjk is’ksoj nqjkpj.k ls D;k vk’k; gS\
Or
To whom and how the notice of company meeting must be served?
dEiuh dh lHkk dh lwpuk fdls rFkk fdl fof/k ls Hksth tkuh pkfg,\

PART -C
(ESSAY TYPE QUESTIONS)
Marks: 88 (4 Questions of 22 Marks each)
Note: All questions are compulsory & carry equal marks.
lHkh iz'u vfuok;Z gSa vkSj lHkh ds vad leku gSAa

C-01: “Memorandum and articles are public documents.” Explain this statement and discuss the doctrine of
‘Indoor management’ in this connection.
^^lhekfu;e rFkk vUrfuZ;e ^lkoZtfud izy[s k* gSA** bl dFku dks le>kb, vkSj bl laca/k esa ^vkUrfjd izca/k* ds
fl)kUr dh foospuk dhft,A
Or
What is prospectus? What are the consequences of mis-statement or fraudulent statement in
prospectus?
izfooj.k D;k gS\ izfooj.k esa feF;kdFku ;k diVe; fooj.k ds D;k ifj.kke gksrs gSa\

C-02: What are the provisions of law regarding the issue and redemption of redeemable preference shares?
foeksP; ’kks/; iwokZf/kdkj va’kksa ds fuxZeu rFkk mlds ’kks/ku laca/kh lfUu;e dh D;k O;oLFkk,¡ gS\
Or
State the legal provisions as to borrowing powers of company and discuss the consequences of ultra
vires borrowing.
dEiuh ds _.k izkIr djus ds vf/kdkj ds laca/k esa dkuwuh izko/kku crkb, rFkk vukf/kd`r _.k izkIr djus ds
ifj.kkeksa dh foospuk dhft,A

C-03: What is the legal position of directors in a company? Are they liable for their acts to third parties?
,d dEiuh esa lapkydksa dh oS/kkfud fLFkfr D;k gS\ D;k os vius dk;ksZa ds fy, rhljs i{kdkjksa ds izfr mÙkjnk;h gS\
Or
Discuss the powers, duties and liabilities of directors of a company.
dEiuh lapkydkas ds vf/kdkjksa ¼’kfDr;ksa½] drZO;ksa rFkk nkf;Roksa dh foospuk dhft,A

C-04: Explain the role of ‘Institute of Company Secretary’, regarding company secretary profession.
dEiuh lfpo is’ks ds lac/a k esa dEiuh lfpo laLFkku dh Hkwfedk dks le>kb,A
Or
Explain the different types of resolutions that can be passed at a company meeting? Give examples in
each case.
dEiuh lHkk esa Lohdkj fd;s tkus okys fofHkUu izdkj ds ladYiksa dh O;k[;k dhft,A izR;sd ladYi ds mnkgj.k
nhft,A

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