Indira Gandhi National Open University (IGNOU) 2006 B.Com Company law - Question Paper

Test Papers / Previous ques. Papers of Indira Gandhi National Open University ECO8 Company legal regulations December 2006
Bachelor of Commerce (BCom)
Term-End exam

Elective Course : Commerce

ECO8: Company legal regulations
Time: two hours
Maximum Marks: 50 (Weightage 70%)

Note: ans any 5 ques..

December 2006

1. (a) describe a "Private Limited Company"'

(b) What is meant by a separate legal entity and perpetual succession? (4, 6)

2. What is Memorandum of Association ? discuss its contents. (10)

3. (a) Point out the differences ranging from a member and a shareholder. Can a minor becorne a member of a company?

(b) A company was registered on 1.1.2005. But the date on its certificate was wrongly put as 1.1.2004. From which date shall the company be regarded as registered ? (7, 3)

4. (a) How does 'transfer of shares' differ from 'transmission of shares' ?

(b) Under what circumstances can a company problem shares at a discount ? (5, 5)

5. (a) State the qualifications of a company secretary.

(b) When is 'resolution requiring special notice' passed ? 5, 5

6. discuss the position of directors in a company (10)

7. What is a statutory meeting ? When is it held? What is a statutory report and its contents? (2,2,6)

8. Point out the difference ranging from a dissolution and winding-up of a company. discuss winding-up by court. (3,7)

Earning:   Approval pending.