Maharashi Dayanand University (MDU) 2009-4th Year L.LB General Company Law of LL.B annual of Department of Law, , Rohtak - Question Paper

Time allowed: three hours

Maximum marks: 100

Note: Attempt 5 ques. in all, by selecting at lowest 1 ques. from every unit. All ques. carry equal marks.

Unit one

1. "In exceptional circumstances, the corporate veil of a company may be lifted and the corporate personality of the company may be ignored". discuss. Refer to case legal regulations.

2. Write short notes on the following:

a) Memorandum of Association

b) Doctrine of Indoor Management.

Unit two

3. explain the facts, problems and principles of legal regulations laid down in Derry V. Peek (1889) 14 App. Sec 337.

4. Write short notes on the following:

a) Share

b) Share certificate.

Unit three

5. "Directors are both the agents and trustees of a company". Comment. Refer to case legal regulations.

6. Write short notes on the following:

a) Statutory Meetings

b) Annual General Meeting.

Unit four

7. How can a company make a compromise or arrangement with the members and creditors without going into liquidation?

8. Write short notes on the following:

a) Majority Rule and Minority Protection

b) Oppression and Mismanagement of Companies.

Unit five

9. How an official liquidator is appointed under the Company Law? explain in brief the duties, powers and liabilities of an official liquidator.

10. What do you mean by "Voluntary Winding up of company"? discuss the procedure of Voluntary Winding up of a Company.

Earning:   Approval pending.