Exam Details

Subject company law
Paper
Exam / Course mba
Department
Organization Gujarat Technological University
Position
Exam Date May, 2017
City, State gujarat, ahmedabad


Question Paper

Page 1 of 1
Seat No.: Enrolment
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA (INTEGRATED) SEMESTER- 06 • EXAMINATION SUMMER 2017
Subject Code: 4160503 Date:05/05/2017
Subject Name: Company Law
Time: 10.30 AM TO 01.30 PM Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.
Q.1

"A company is an artificial person created by law, having a separate
Entity with a perpetual succession and a common seal". Discuss the statement and explain the characteristics of a company.
07

State the usual steps to be taken in the formation of a company under the companies act, 1956.
07
Q.2

Define Memorandum of Association. What does it contain?
07

Write Short note on Doctrine of Ultra Virus
Doctrine of Constructive Notice
07
OR

What is a prospectus? Who are liable for misstatements in a prospectus?
07
Q.3

Distinction between Share Certificates and Share Warrants.
07

Define Managing Director and briefly state the provisions of the Companies Act, 1956 regarding the mode of appointment and removal of the directors of a company.
07
OR
Q.3

Distinction between private company and public company.
07

Define Share Capital. Explain different kinds of Share Capital in detail?
07
Q.4

Explain in detail duties and liabilities of a Director.
07

State provisions regarding conversion of private company into public
company and public company into private company .
07
OR
Q.4

Define AOA. Can articles of association be altered?
07

What are the provisions regarding further issue of share capital.
07
Q.5

Explain in detail advantages and disadvantages of Joint Stock companies.
07

Explain the Statutory provision regarding Allotment of Shares.
07
OR
Q.5

Explain the remedies available to a shareholder who had applied for shares on the faith of false prospectus
07

Write Short note on: Quantification and disqualification of Directors.
Lifting of Corporate veil
07



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