No. of Printed Pages : 4 ECO-8

BACHELOR'S DEGREE PROGRAMME in O Term-End Examination tn O June, 2011 0

ELECTIVE COURSE : COMMERCE

ECO-8 :' COMPANY LAW

Time : 2 hours Maximum Marks : 50

(Weightage 70%)

Note : Answer any five questions.

1. Define a company and explain its features. 2, 8

2. Describe the stages in the formation of a company. 6, 4 List the documents required to be filed with the

registrar.

3. What is Memorandum of Association ? Explain 4, 6 the procedure relating to alteration of object

clause.

4. Explain the 'Doctrine of indoor Management'. 4, 6 What are the exceptions to this rule ?

5. Explain the different ways through which a 10 person may become member of a company.

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6. Who are the directors of a company ? How can a 4, 6 director be removed from office before the expiry of his term of office ?

7. Define 'quorum'. Explain the legal provisions with regard to quorum. Also mention the quorum required for a general meeting in case of : 2, 4, 4

(a) Public Company and

(b) Private Company

8. What is meant by winding up of a company ? 4, 6 Explain the circumstances in which a company may be wound up voluntarily.

9. Write notes on any two of the following. 5, 5

(a) Types of shares

(b) Role of a Company Secretary

(c) Proxy

(d) Statement in lieu of prospectus

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