Mangalore University 2008 B.B.M COMPANY LAW - Question Paper

BBMBMC 302

Credit Based 5th Semester B.B.M Degree exam
October / November 2008
COMPANY legal regulations


Time : three Hours Max. Marks : 120

SECTION - A (Two Marks Each)

1.Answer any Ten ques.. 2*10=20

a) elaborate licensed companies ?
b) Who is a particular promoter ?
c) What do you mean by doctrine of ultra-vires ?
d) Who are sweat equity shares?
e) provide the meaning of foreign register?
f) What do you mean by borrowing powers of a company?
g) What is a share warrant?
h) What do you mean by surrender of shares ?
i) what is an agenda of the meeting?
j) What do you mean by the winding up of a company?
k) describe a 'Company Director'.
l) What is the golden rule in framing the prospectus?


SECTION- B (Eight Marks Each) 8*5=40

ans any 5 ques..

2. Write a note on Government Company.
3. Distinguish ranging from Memorandum of Association and Articles of Association.
4. Write a note on Debenture Trust Deed.
5. discuss the case Solomon Vs Solomon and comapny limited.
6. elaborate the basic qualification of a company secretary?
7. Distinguish ranging from share certificate and share warrant.
8. describe a 'Resolution'. elaborate the various kinds of resolutions?

part - C (Twenty Marks Each) 3*20=60
ans the subsequent.

9. describe Joint stock Company and bring out its distinctive features.
OR
What is a prospectus? discuss its provisions and consequences.

10.What is meant by Company Meeting? discuss the various kinds of meetings mentioning
the nature of business conducted at every 1 of these.
OR

Who is a member of a Joint Stock Company? how membership of a company can be acquired? How
it can be terminated ?

11. Who is a director of a company ? elaborate the duties and liabilities of a Company director?

OR

What is meant by borrowing powers of a company? State the important provisions regarding
the borrowing powers of a company.

Earning:   Approval pending.