Other Bachelor Degree-Bachelor of Corporate Secretaryship COMPANY LAW (Alagappa University - Directorate of Distance Education-2012)

DISTANCE EDUCATION
B.C.S. DEGREE EXAMINATION, MAY 2012.
COMPANY LAW
(1999 onwards)
Time : Three hours Maximum :100 marks
PART A — (5 × 8 = 40 marks)
Answer any FIVE questions.
1. Define a company. What are the advantages of incorporation of a company?
2. Distinguish between private company and public company.
3. Define prospects. State its contents.
4. Who can become a member of a company? Explain the rights and liabilities of a member.
5. What are bonus shares? State the provisions regarding the issues of bonus shares.
6. Define public deposit? Explain the salient provisions of the acceptance of deposits.
7. Explain the contents of statutory report?
8. Describe the qualification and disqualifications of a company director?
PART B — (4 × 15 = 60 marks)
Answer any FOUR questions.
9. Define corporate veil. State the circumstances under which corporate veil could be lifted.
10. Explain the significance of memorandum of association.
What are the conditions that a memorandum should contain?
11. What is Table ‘A’? Explain the contents of the Articles of association.
12. State the characteristics of shares. How does share differ from debenture.
13. Define debenture. What are the different classification of debentures?
14. Enumerate the powers and duties of the board of directors.
15. What are the requisites of a valid meeting?

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