Indira Gandhi National Open University (IGNOU) 2010-1st Year B.Com Company Law - Question Paper
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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ECO-8 4
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