CS Executive Company Law PYQ June 2018: Question Paper and Available Answers
CS Executive
Company Law
PYQS Series
June 2018
30 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Executive Company Law PYQS (June 2018). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- A private limited company can accept deposit from its members under the provisions of the Companies Act, 2013.
- Appointment and rotation of statutory auditor is mandatory for one person company and small company.
- International Financial Service Centre (IFSC) companies are attractive for foreign investment.
- Secretarial Standard does not empower Company Secretary of a company to call a meeting of Board of Directors on its own.
- Distinguish between Oppression and mismanagement application and Class action suits.
- Distinguish between Chief Executive Officer and Managing Director.
- Distinguish between Redemption of shares and Redemption of debentures.
- Distinguish between XBRL tags and XBRL taxonomies.
- The Board of Directors of Peculiar Ltd. proposes to recommend a final dividend of ₹25 each to all the equity shareholders of the company. The company seeks your opinion on the foll
- Perfect Pvt. Ltd. wishes to appoint its Secretary, Satish, as an internal auditor. Referring to the provisions of the Companies Act, 2013 advise the company.
- Nice Ltd. proposes to alter its liability clause of Memorandum of Association. Referring to the provisions of the Companies Act, 2013 advise the company.
- Fabulous Ltd. is in the process of finalisation of its annual return. It is a listed company with paid-up capital ₹1 crore. The company seeks your advice on the following: Who will
- RS Ltd. has incurred ₹5 lakh for the fulfillment of Labour Law, Land Acquisition Act and Food Safety & Standards Act in the month of May, 2018. The company has accounted for this ₹
- Enkebee Ltd. wants to purchase its own 1,00,000 equity shares @ ₹10 each out of the following: (a) Unsecured loan ₹5 lakh (b) Balance of depreciation reserve for ₹3 lakh (c) Securi
- Who will appoint Secretarial Auditor of the company: Board of Directors or Shareholders? What is the duty of Board of Directors towards secretarial auditor and audit report?
- Mohan has been appointed as a passive partner in the Limited Liability Partnership (LLP). He seeks your advice on the responsibilities of designated partner where the LLP has contr
- Aniket has fraudulently sold his shares to two different transferees. Who will be entitled to the shares in priority?
- The authorised share capital of Shine Ltd. is ₹50 lakh. The paid-up capital of the company is ₹20 lakh. The Board of Directors at its 100th meeting held in the residence of Managin
- R Systems Ltd. is holding 40% of paid-up share capital of ATC Aviation Pvt. Ltd. R Systems appointed representative director in ATC Aviation Pvt. Ltd. to safeguard its interest. Bo
- Sand Ltd. wants to appoint River as Managing Director of the company for a period of three years with effect from 1st August, 2018. River has given a written statement to the compa
- Fun and Frolic Ltd. has received ₹5 lakh from its Promoters as unsecured loan in pursuance of the stipulation of credit facilities from Bank. Can the company accept the unsecured l
- South Village Farmers' Producer Company Ltd. wants to give loan to its Directors for ₹5 lakh. The company seeks your advice regarding the loan to Directors. Explain the provisions
- Phosphate Ltd. has suffered a major loss of ₹100 crore in May, 2018 on the dealing of commodity exchange. The annual accounts and Board's report for the year 2017-18 are under fina
- Confident Ltd. has forfeited 50,000 equity shares of the company @ ₹10 each and same were re-issued. After the filing of the annual return, the Registrar of Companies (ROC) has iss
- Spectacular Ltd. wants to make an application to Registrar of Companies (ROC) for removal of its name under section 248(2) of the Companies Act, 2013 from register. It is understoo
- In the 25th Annual General Meeting (AGM) of Lazy Ltd. some shareholders demanded that a poll be taken in respect of one of the resolution proposed in the notice of AGM on which vot
- Semon Ltd., a strategic investor was introduced in Raybon Pvt. Ltd. to bring a new technology or investment. Such strategic investor wishes to protect its interests in the company.
- Serious Ltd. is having three factories in Chennai. The company wants to sell one of the factory. Can the company sell its factory? Further, assuming that the company has also borro
- The Mumbai Bench of National Company Law Tribunal has received a petition for winding up of Presentable Commodities Ltd. Pramod, Manager (Human Resource) of the company wants to kn
- In a scheme of amalgamation, it was proposed that name of the transferor company shall be deemed to be name of transferee company. The Regional Director (RD), Ministry of Company A
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