CS Executive Setting up of Business Entities and Closure PYQ December 2019: Question Paper and Available Answers

CS Executive Setting up of Business Entities and Closure PYQS Series December 2019 40 Questions Indexed

ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Executive Setting up of Business Entities and Closure PYQS (December 2019). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.

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Indexed questions

Bindu Mediatech Private Ltd. is having paid-up capital of ₹ 40 lakh, its Securities Premium Account is ₹ 30 lakh and its free reserves are ₹ 30 lakh. The company has accepted ₹ 95
An unlisted Public Ltd. Company is having 220 members, 5 directors and is having public deposits of ₹ 5 crores and shareholders deposits of ₹ 3 crores (paid-up capital is ₹ 1 crore
TP Private Ltd. Company registered under the Companies Act, 2013 with paid up capital of ₹ 35 lakh and turnover of ₹ 2.5 crore. Explain the meaning of 'Small Company' and examine t
Axar is in plant research and he has invented a process for extracting bio-fuel from certain plants, now he is proposing to commercialize his invention by promoting a One Person Co
'Alteration of Capital Clause in Memorandum of Association is a precondition to restructuring the Capital structure of the Company' - Elaborate the statement mentioning relevant pr
Aryan & Aarav, an LLP having turnover of ₹ 45 lakh and contribution of the partners exeeding ₹ 30 lakh in F.Y. 2018-19 is seeking your advice in the following matters: Is dividend
Aryan & Aarav, an LLP having turnover of ₹ 45 lakh and contribution of the partners exeeding ₹ 30 lakh in F.Y. 2018-19 is seeking your advice in the following matters: Is LLP subje
Aryan & Aarav, an LLP having turnover of ₹ 45 lakh and contribution of the partners exeeding ₹ 30 lakh in F.Y. 2018-19 is seeking your advice in the following matters: Is LLP eligi
Aryan & Aarav, an LLP having turnover of ₹ 45 lakh and contribution of the partners exeeding ₹ 30 lakh in F.Y. 2018-19 is seeking your advice in the following matters: State Offenc
'Joint Ventures can be extremely valuable and chances of their failure can be reduced to a great extent, if strategically formed' Comment on important strategies of joint venture.
'Asset Reconstruction Companies are created to manage and recover Non-Performing Assets' - Comment referring the functions and benefits of Asset Reconstruction Companies.
Pawan incorporated a Private Ltd. Company in the year 2016 for carrying on the business of supplying freshly chopped vegetables to various food chains in and around New Delhi NCR.
Prathik has studied about mass farming and is keen in uniting farmers in various states by forming a Multi State Co-operative Society. Brief Prathik on the documentary requirements
"Concept of self help group" is the most exciting discovery in the context of Microfinance. Explain the terms and features of microfinance.
Your Company proposes to enter into Joint Venture outside India and the Management of the Company wants to know from you various methods/modes available for funding the joint ventu
Individual or minority members cannot bring a suit except when it is intended for enforcement of personal rights of members or to prevent the company from doing any ultravires or i
X, an employee of BG Ltd., is aggrieved by the decision of shifting of the registered office of the Company from the state of Uttar Pradesh to Haryana. He has filed a Public Intere
Aravind has recently completed Telecommunications engineering and he is keen in starting his own venture for Telecommunication support services. He has heard about OSP License and
State the circumstances under which an employee is not liable for Compensation under Employees Compensation Act, 1923.
Saravan is carrying out building contract works for industrial and commercial customers. He engages 25 workers on regular basis, wants to know about the applicability of Contract L
Bhaskar is presently running a business of finance. He has planned to promote an Infrastructure Finance Company along with his friends. He seeks your advice to know whether it is a
A factory has 100 male employees and 50 female employees. Factory Manager is keen to know whether the factory has to provide following welfare to the workers employed as per Factor
A factory has 100 male employees and 50 female employees. Factory Manager is keen to know whether the factory has to provide following welfare to the workers employed as per Factor
A factory has 100 male employees and 50 female employees. Factory Manager is keen to know whether the factory has to provide following welfare to the workers employed as per Factor
Harpreet is doing Masters Degree and he is studying about environmental legislations. He is enquiring about 'Green Tribunal'. Brief him about Green Tribunal and its objectives.
Tony Singh is a popular stage performer and M/s Pon Sun Studios, Chandigarh is having all the rights, titles and interests in the personality of the artist along with the trade. A
Public Liability Insurance intends to provide protection to the general public against any unforseen industrial accident. Elucidate.
Prabhat is proposing to start a new business wants to know from you the mandatory annual compliances for an LLP and a partnership firm.
One of the objectives of the Design Rules, 2001 is to enable protection of newly created designs applying to an article manufactured by a particular industrial process? Elucidate.
Preerna has taken some books from Library and she wants to reproduce "Verbatim" some pages from the book of her Ph.D. thesis. She would like to know from you whether she will be vi
Sukrit is running small fabrication unit with 5 workers. He is planning for expansion and it may require addition of 10-15 employees. He is planning to register his business under
What are the circumstances under which RBI may cancel the license granted to a banking company regulated under the Banking Regulation Act, 1949.
TPS Pvt. Ltd. incorporated on 1st August, 2017 having its registered office at Saket, New Delhi. Management of the Company kept some of the statutory records in the other branch of
ABC Ltd., has initiated insolvency proceedings against RS Ltd., for recovery of debt of ₹ 2.86 crore. ABC Ltd. intends to appoint Rahul, one of the employees of its statutory audit
Describe the procedure mentioned under Section 53 of Insolvency and Bankruptcy Code (IBC), 2016 for distribution of assets in case of liquidation.
Preetha has recently become Director of a Company. She wants to know about 'active' and 'inactive' status shown in MCA website. Explain the concept of 'Inactive Company' to her ref
National Company Law Tribunal (NCLT) has passed order for Commencement of Corporate Insolvency Resolution Process (CIRP) of Dora Travels Ltd., one of its director has approached yo
Mithali sports LLP has been struck off by Registrar of Companies. One of its unsecured creditors has approached you to know his eligibility in making application for revival of str
Yogendra is an allottee of a flat in a real estate project promoted by the company, but he has not been delivered flat as per Agreement. He has approached you to know, whether he c
Yuvan Infra Ltd. is continuously making losses and the Directors of the Company are planning to voluntarily wind up the Company. As a Company Secretary advise on conditions and als

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