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Punjab Technical University 2010-4th Sem B.B.A Legal Environment for Indian Business - Question Paper

Monday, 08 April 2013 07:15Web



Paper ID [B0121]

[Total No. of Pages : 02

Roll No...........................

Total No. of Questions : 13]

(Please fill this Paper ID in OMR Sheet)

BBA (BB - 404) (S05) (O) (LE) (Sem. - 4th) LEGAL ENVIRONMENT FOR INDIAN BUSINESS

Maximum Marks : 75

Time : 03 Hours


Instruction to Candidates:

1)    Section - A is Compulsory.

2)    Attempt any Nine questions from Section - B.

Section - A

(15*2 = 30)

Q1


a)    State any 3 advantages of Company form of organization.

b)    Company Vs. Partnership.

c)    Write a note on Citizenship of Company.

d)    Explain the term Limited Liability.

e)    What do you mean by Perpetual Succession?

f)    Explain Private Company.

g)    What is Doctrine of Ultra Virus?

h)    When does a company comes into existence?

i)    Explain Annual General Meeting.

j)    What do you mean by statement in lieu of Prospectus?

k)    Discuss Statutory Meeting.

l)    What are provisions regarding number of Directors?

m)    Write a note on Minutes of Meeting.

n)    Extra Ordinary General Meeting.

o)    Discuss Motions 8 Resolutions.

(9*5 = 45)

Q2) Explain the meaning of Company. Discuss its features as per Companies Act, 1956.

Q3) What do you understand by Lifting the Corporate Veil? Discuss the circumstances under which this Veil is lifted by law.

Q4) Elaborate in detail about various documents which need to be submitted to Registrar at the time of incorporation of a Company.

Q5) Articles of Association of a company constitute a contract between members inter se and between Company and its members. Discuss the statement.

Q6) Certificate of incorporation is conclusive evidence that all the requirements of Companies Act, 1956 have been complied with. Discuss the importance of Certificate of incorporation in the light of statement.

Q7) Discuss the provisions of act regarding changes in Articles of Association of a company.

Q8) Memorandum of Association is a charter of the company. Discuss the statement and explain the contents of MOA.

Q9) What is Golden rule of framing Prospectus? Discuss the consequences if this rule is violated.

QIO) What do you mean by Company Meetings? Discuss briefly the different types of Company Meetings.

QII) Discuss the Powers and Duties of a Director.

Q12) How a Director can be removed?

Q13) Discuss in detail the requisites of a Valid Meeting.

A-29    P







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