Kerala University 2009 L.LB General Final Year, Part 2, 1, Company Law - Question Paper

 (Pages : 2) 2118
PART – A
ans any ten ques. :
1. Corporate veil
2. The role of promoter
3. Doctrine of ultra vires
4. Share warrants
5. Transmission of shares
6. Doctrine of indoor management
7. Disqualifications of directors
8. Proxies
9. The rule in Foss v Harbottle
10. Shareholder
11. Statement in lieu of prospectus
12. Contributory. (10×2=20 Marks)

PART – B
Solve any 4 issues :
1. A company put up telephone wires in a certain area. There was no power in the
memorandum to put up wires there. The defendants cut them down. Can the
company sue for the damage done to the wires ?
2. X Company lends to Y company on a mortgage of its assets. The procedure laid
down in the Articles for such transactions is not complied with. The directors of the
two companies are the identical. Is the mortgage binding upon Y company ?
3. Prem Paul applied for 100 shares in a company in a fictitious name. The shares were
allotted in the fictitious name. Did he incur any liability under the Companies Act,
1956 ?
4. A takes proceedings against the directors of a company of which he is a member to
compel them to make good the loss sustained by the company owing to their fraud.
Will he succeed ?
5. A company's trade has been suspended temporarily owing to the trade depression
with bonafide intention to continue on its operations when conditions improve. A
petition was made to the Tribunal for winding up the company. Decide.
(4×6=24 Marks)

PART – C
ans any 3 ques. :
1. "The Memorandum of Association is the fundamental legal regulations or charter defining the
objects and limiting the powers of a company". discuss.
2. Who are liable for misstatements in a prospectus ? discuss the extent of civil and
criminal liability for such misstatements.
3. What is statutory meeting ? Is certification of the statutory report compulsory ?
discuss the contents of the report.
4. What do you understand by the winding up of a company ? elaborate the various
modes of winding up ? (3×12=36 Marks)

Earning:   Approval pending.