CS Executive Company Law PYQ June 2015: Question Paper and Available Answers
CS Executive
Company Law
PYQS Series
June 2015
33 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Executive Company Law PYQS (June 2015). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- In no circumstances a company can issue redeemable preference shares with a redemption period beyond 20 years.
- Powers of the directors of a company are co-extensive with those of the company.
- One person company shall be formed only as a company limited by shares.
- The gap between two annual general meetings can never exceed 15 months.
- Distinguish between the following: 'Independent director' and 'non-executive director'.
- Distinguish between the following: 'Inspection' and 'investigation'.
- Distinguish between the following: 'Limited liability partnership' and 'body corporate'.
- Distinguish between the following: 'ESOP' and 'sweat equity shares'.
- To consider a body corporate as a foreign company, a place of business in India is to be established. State the activities that do not constitute carrying of business in India.
- Masons (Pvt.) Ltd. is a private limited company as per the articles of association of the company. However, a public company acquired shares in Masons (Pvt.) Ltd. thereby making th
- "Financial statements shall be signed only by the Chairperson of the company." Explain.
- Alok, the Managing Director of Yellow Ltd., borrowed a large sum of money and misappropriated the same. Later, when the lender demanded his money, the company refused to repay, con
- Mahesh is a creditor of an unlimited company. The company was wound-up. Mahesh, therefore, wants to sue the members of the company to recover the dues. Advise Mahesh regarding the
- An employee of a company purchased certain shares of his company through a member of a stock exchange and lodged with the company an application for transfer of shares in his (empl
- In what way does the Companies Act, 2013 regulate the payment made by companies towards contribution to political parties for political purposes? Explain.
- Explain the meaning of the term 'key managerial personnel' in relation to a company as introduced by the Companies Act, 2013 and also state the manner in which they are appointed.
- In what way does the Companies Act, 2013 and Rules made thereunder regulate the appointment of woman director in a company? Explain.
- Referring to the provisions of the Companies Act, 2013, state the conditions required to be fulfilled before a company can issue bonus shares to shareholders of the company.
- The Board of directors of Vedic Ltd. desirous of transacting certain matters through video conferencing, seek your advice on the matters which cannot be dealt with through video co
- A petition signed by 100 members of a company has been moved to Company Law Board (CLB) for prevention of mismanagement. Later on, half of the members (signatories) withdrew their
- Vir is a director in DJA Ltd. (the company). The company holds 75% shares of MRN Ltd. Vir wants to inspect the books of MRN Ltd. Examining the provisions of the Companies Act, 2013
- Explain the provisions of the Companies Act, 2013 relating to 'secretarial audit'. State whether 'secretarial audit' is mandatory for all companies.
- PQR Ltd. is an unlisted company and has 400 shareholders in all. The shareholders of the company propose voting by electronic mode. Chairman of the company rejected the shareholder
- Board of directors of Joy Ltd., by a resolution passed at its meeting, decide to provide a loan of ₹50 crore to Happy Ltd. The paid-up share capital of Joy Ltd. on the date of reso
- Explain the provisions of the Companies Act, 2013 relating to the constitution of an audit committee. What role does the audit committee play in the management of a company ?
- Based on the information given in the memorandum of association, Smart Ltd. was incorporated and the certificate of incorporation was issued by the Registrar of Companies, New Delh
- DEF Ltd., a company listed at Bombay Stock Exchange, failed to file its report on the annual general meeting for the financial year ended 31st March, 2013 with the Registrar of Com
- Answer the following by explaining the provisions of the Companies Act, 2013 relating to 'internal audit': (i) Whether a private company is mandatorily required to appoint an inter
- Answer the following by explaining the provisions of the Companies Act, 2013 relating to 'internal audit': (ii) Who may be appointed as an internal auditor? Whether a Practising Co
- Brave Ltd. is listed at Bombay Stock Exchange and has a net worth of over ₹600 crore. The company has constituted a corporate social responsibility (CSR) committee with Jay and Vij
- The Board of directors of Charming Ltd. seek your advice on the matters to be included in the directors' responsibility statement forming part of the company's annual report to sha
- What transactions are considered as 'related party transactions' under the provisions of the Companies Act, 2013? Explain.
- Due to inadequacy of profits, the Board of directors of Rise Ltd. decided not to recommend any dividend for the financial year ended 31st March, 2015. Certain shareholders of the c
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