Total Pages-3 3 Yr./LL.B./6th Sem.

/6·2

2023
3 Year LL.B.
6th SEMESTER EXAMINATION

COMPANY LAW
PAPER- 6-2
Full Marks : 80
Time : 3 hours

The figures in the right-hand margin indicate marks.

Candidates are required to give their answers
in their own words as far as practicable.
fllustrate the answers wherever necessary.

Answer any five questions.

1. (a) Define company.

(b) Explain the characteristic features of a
company.
(c) Discuss the provisions related to the lifting
or piercing of the corporate veil. 2+8+6= 16

/450 (Tum Over)

 (2 )
2. (a) Who is a promoter?

(b) Elucidate the fiduciary position of a

promoter in a company?
(c) What are the duties and liabilities of a
promoter towards a company? 2+4+ 1O= 16

3. (a) Discuss about the Doctrine of .Ultra Vires.

(b) What are the legal effects of Ultra Vires
Transactions?
(c) Mention the exceptions to the Doctrine of
· Ultra Vires. 6+4+6=16

4. (a} Define Memorandum of Association.

(b} How can the contents of Memorandum of

Association be altered?
(c) Briefly state the differences between
Memorandum of Association and Articles
of Association. 2+ 10+4= 16

5. (a) What is a Debenture?

(b) Discuss the various kinds of debentures.

(c) Distinguish between share and debenture.

2+8+6=16

/450 ( Continued)
 ( 3 )
6. (a) What do you mean by Share?
(b) What are the differences between stock and
share?
(c) Discuss various kinds of shares of a
company. 2+4+10=16

7. (a) Explain the principle of Majority Rule.

(b) State the advantages and exceptions to the
rule as observed in Foss vs. Harbottle.
8+8=16

8. Write short notes on any four of the following :

4x4=16
(a) Public Company and Private Company
(b) Doctrine of Indoor Management
(c) Prospectus
(d) Statutory Meeting
(e) Appointment of Director
(j) Voluntary winding up
(g) Corporate social responsibility

***

3 Yr./LL.B./6 th Sem./6-2 8123(022)-285