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Indira Gandhi National Open University (IGNOU) 2010-1st Year B.Com Company Law - Question Paper

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No. of Printed Pages : 4    ECO-8

BACHELOR'S DEGREE PROGRAMME

Term-End Examination    June, 2010

ELECTIVE COURSE : COMMERCE O

ECO-8 : COMPANY LAW

Time : 2 hours    Maximum Marks : 50

(Weightage 70%)

Note : Answer any five questions.

1.    Discuss the concept of corporate veil. Explain any 2+8 four circumstances when this veil can be lifted.

2.    Discuss the privileges enjoyed by a private 10 company.

3.    What is meant by certificate of incorporation ? 3+7 What are the effects of registration of a company ?

4.    What is Memorandum of Association ? 3+7 Distinguish between Memorandum of Association

and Articles of Association.

5.    Explain briefly the procedure of allotment of 5+5 shares. What is irregular allotment ? Explain.

6.    (a) Explain the rules regarding number of

directors and directorship in a public and private company.

(b) List the grounds when the office of a director falls vacant.

6

10

10

5+5


7.    Enumerate the duties of a company secretary.

8.    Explain the requisites of a valid meeting.

9.    Write Notes on any two of the following :

(a)    Pre-incorporation contracts

(b)    Resolutions

(c)    Compulsory winding up

(d)    Share Warrant

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WFf : 2    3jftFFm 3FF ; 50

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6.    (a) frsft cisn    3 fTf "WTT 4

cTJT    fNTci fwff 71 cFT WifaTTI

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7.    =tiHl) % cdo'Hl    1l=Si chirpy. I 10

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9.    PH'Rptff(IcT 3    ;    5 + 5

(a)    f 3FJ5R1

(b)    MM

(c)    3TfWf 'HHNH

(d)    TPfe

ECO-8    4







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