M.B.A. (CM) COMPANY LAW AND PRACTICE

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M.B.A. (CM) DEGREE EXAMINATION, MAY 2018.
Third Semester

COMPANY LAW AND PRACTICE

(2013-14 Academic Year and 2014 Calendar Year onwards)
Time : Three hours Maximum : 100 marks

SECTION A — (5 × 8 = 40 marks)
Answer any FIVE questions.
1. Write a note on Memorandum of Association.

2. When must a company issue a statement in lieu of prospectus?

3. Define a share warrant.

4. What are the disqualification of a managing director?

5. Short note on Managerial remuneration.

6. Write a note on :
 (a) Statutory meetings
 (b) Annual general meeting.

7. Explain appointment and removal of auditors.

8. What are the consequences of a winding up order?

SECTION B — (4 × 15 = 60 marks)
Answer any FOUR questions.

9. Explain Articles of Association. Contents and Alteration of Articles of Association.

10. Describe the power, duties and liabilities of directors.

11. Explain kinds of debentures.

12. Describe the annual general meeting.

13. Write a note on general meetings of shareholders.

14. What are the requisites of a valid board meeting? When is a board meeting said to be duty convened and properly constituted?

15. Discuss the rights and liabilities of members.

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