CS Executive Setting up of Business Entities and Closure PYQ December 2021: Question Paper and Available Answers
CS Executive
Setting up of Business Entities and Closure
PYQS Series
December 2021
44 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 2021). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- The Articles of Association of BC Ltd. empowered the directors to borrow money within the limit of ₹50 lakh. The Articles further provided that the directors can also exceed the bo
- Luv Ltd. has entered into a contract with Kush Ltd. by which Kush Ltd. will control 22% of the sale and disposal of the output of Luv Ltd. Enumerate the nature of relationship betw
- If Surya Pvt. Ltd. having paid up share capital of ₹45 Lakhs and annual Turnover of ₹185 Lacs is a wholly owned subsidiary of Hima Ltd. a listed Company. Can Surya Pvt. Ltd. be cal
- Dinesh is running small handicraft unit with 3 workers. He is planning for expansion and it may require addition of 10-15 employees. He is planning to register his business under E
- QP Ltd. wants to increase its Authorised Share Capital from ₹50,00,000 divided into 5,00,000 Equity Shares of ₹10 each to ₹75,00,000 divided into 7,50,000 Equity Shares of ₹10 each
- XYZ Trading LLP registered under LLP Act, 2008 wants to change its name to PQR Solutions LLP. Explain the procedure to be followed by XYZ Trading LLP for changing its name under th
- Designated Partners of Sara LLP wants to convert LLP into Private Limited Company for further growth of their organization. They have already got the name approved and have secured
- The memorandum and articles must be read together in the event of any ambiguity. Explain the given statement referring a suitable case law.
- Mahesh Nidhi Limited was incorporated on 30th September, 2020. The Board of Directors seek your advice about the compliances need to be done in respect of each of the following: (i
- Mahesh Nidhi Limited was incorporated on 30th September, 2020. The Board of Directors seek your advice about the compliances need to be done in respect of each of the following: (i
- Explain the unconventional modes of financing options for Start Ups which are becoming popular in India.
- Raman wants to start the business of fruits and vegetables vendor. He seeks your advice on the criteria, business categories with the maximum amount of loan allowed and eligibility
- OP Ltd. wants to create a trust for the benefit of employees of the Company and their spouses and children. Decide with reasons whether this trust will be Public Trust or Private T
- Anish along with his six friends desires to incorporate a Section 8 Company under the Companies Act, 2013. He is seeking your advice in the following matters: (a) What is the minim
- Anish along with his six friends desires to incorporate a Section 8 Company under the Companies Act, 2013. He is seeking your advice in the following matters: (b) Whether a firm ca
- Anish along with his six friends desires to incorporate a Section 8 Company under the Companies Act, 2013. He is seeking your advice in the following matters: (c) Whether the Secti
- Anish along with his six friends desires to incorporate a Section 8 Company under the Companies Act, 2013. He is seeking your advice in the following matters: (d) Whether a Section
- MN Ltd., a Company registered in Japan has established a place of business in India. Advise MN Ltd. on the documents required to be filed by the Company with the concerned Registra
- The Articles of Association of DF Ltd. were amended on 1st January 2020 to insert a new Article providing that the service of the employee of the Company shall be terminated if he
- M/s Ariyakudi Private Limited, an appellant Company fails to deposit the PF contribution, upon financial crises going on in the business and Assistant Provident Commissioner levied
- UV Pvt. Ltd. wants to apply for Udyog Aadhar. The Company seeks your advice on the criteria for making application for Udyog Aadhar under the Micro, Small & Medium Enterprises Deve
- Mudit has invented a tool which may reduce the human efforts significantly. He wants to file the patent application for the tool. Advise Mudit the procedure to be followed by him f
- 'A contract is required to ensure the smooth functioning of work and is a great mechanism to ensure recourse in case of non-fulfilment of work'. Elucidate.
- Kumar is a proprietor of a small scale unit manufacturing cotton clothes. He wants to know the benefits of registration with National Small Industries Corporation (NSIC). Advise Ku
- Rajan, a toy manufacturer wants to export toys to Thailand. He seeks your advice on the requirement of Import Export Code (IEC) for exporting toys to Thailand. Advise Rajan along w
- With reference to National Green Tribunal Act, 2010, answer the following: (i) Can National Green Tribunal (NGT) admit a suit for cutting of trees in a forest ?
- With reference to National Green Tribunal Act, 2010, answer the following: (ii) Can a person argue his own matter before NGT ?
- With reference to National Green Tribunal Act, 2010, answer the following: (iii) To whom the appeal against the decision of NGT should be filed ?
- Ram is working in a factory employing 30 persons. The gross salary of Ram is ₹20,000 per month. He has worked for 60 days in the year 2019-20. In the light of provisions of Payment
- Explain the duties of Conciliation Officers under the Industrial Disputes Act, 1947.
- Explain the deductions that can be made from the wages of an employee under Payment of Wages Act, 1936.
- Ramesh is running a fast food shop in Chandni Chowk, Delhi. He seeks your advice on the requirement of obtaining FSSAI Registration. Advise Ramesh.
- PQ Finvest Ltd. is a Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India. The total assets of the Company are exceeding ₹500 crores. The Company has commit
- Explain the duties of Interim Resolution Professional (IRP) under Insolvency and Bankruptcy Code, 2016.
- Payments banks is a new model of banks conceptualized by the Reserve Bank of India. Describe the key issues which require compliance by an applicant Company.
- Krishna Private Ltd., having 3 directors has obtained status of Dormant Company in year 2019. The Board of Directors seeks your advice about the compliances needs to be done in res
- Krishna Private Ltd., having 3 directors has obtained status of Dormant Company in year 2019. The Board of Directors seeks your advice about the compliances needs to be done in res
- Krishna Private Ltd., having 3 directors has obtained status of Dormant Company in year 2019. The Board of Directors seeks your advice about the compliances needs to be done in res
- The Companies (Winding Up) Rules, 2020 has reduced the burden of winding up on NCLT by shifting the power to Central Government in specified cases. Examine.
- CD Ltd. has not filed financial statements and annual returns during the last two financial years. The Company wants to get the status of a Dormant Company. The Company has approac
- The Registrar of Companies has removed the name of ST Pvt. Ltd. from the Register of Companies under provisions of Section 248 of the Companies Act, 2013. The directors of ST Pvt.
- Explain the situations in which a Company cannot apply for Striking off its name from the Register of Companies.
- PR Ltd. has defaulted in making payment to YK Bank for the amount of ₹50,00,000. YK Bank intends to file an application for initiating corporate insolvency resolution process again
- As per The Insolvency and Bankruptcy Code (Second Amendment) Act, 2020 explain the suspension of initiation of corporate insolvency resolution process of a corporate debtor.
How to Prepare for CS Executive Setting up of Business Entities and Closure
Use past questions to practise the paper format and review available answers. Check the current syllabus, applicable law and examination duration before attempting a timed paper.