Punjab Technical University 2007 B.B.A LEGAL ENVIRONMENT OF INDIAN BUSINESS - Question Paper

Roll No. ......................
Total No. of ques. : 13] [Total No. of Pages : 02
Paper ID [B0121]
(Please fill this Paper ID in OMR Sheet)
BBA (404) (Old/S05) (Sem. - 4th)

LEGAL ENVIRONMENT OF INDIAN BUSINESS
Time : 03 Hours Maximum Marks : 75
Instruction to Candidates:
1) part -A is Compulsory.
2) Attempt any 9 ques. from part - B.

part - A
(15 × two = 30)
Q1)
a) What is meant by provisional contracts?
b) Company is having a nationality or citizenship.
c) discuss common seal.
d) When a public company can commence its business?
e) Differentiate ranging from public company and private company.
f) What is meant by capital clause?
g) Is it necessary for a company to have its registered office.
h) How a company can change its name?
i) Which companies must have their own articles?
j) Why is the articles subsidiary to the memorandum?
k) What is meant by resolution by circulation?
l) Can a firm or body corporate act as a director of accompany.
m) What is meant by share qualification of a director?
n) discuss the meaning of voting by poll.
o) What is meant by minutes of the meeting?
J-8627[S-9700631] P.T.O.

part - B

(9 × five = 45)
Q2) elaborate the requisites of a valid general meeting?
Q3) “Statutory meeting is to be held only once during the life time of the
company”. discuss.
Q4) “Directors are not only agents but also in a few sense trustees of the
company”. explain.
Q5) How managing director is appointed in case of a company?
Q6) Enumerate steps to be followed to alter the object clause of its memorandum.
Q7) What procedure is to be followed when a company wants to change its
registered office from 1 town to a different town in the identical state?
Q8) discuss the doctrine of indoor management and its exceptions.
Q9) Distinguish ranging from memorandum and articles of association.
Q10) Enumerate the various steps to be taken by promoters for the formation of
a company.
Q11) “Certificate of incorporation is an conclusive evidence of existence of an
company”. discuss.
Q12) describe company. Also mention its features.
Q13) What is meant by lifting the corporate veil? explain judicial interpretations
when it can be lifted up.
Q
J-8627[S-9700631] 2

Earning:   Approval pending.