CS Executive Setting up of Business Entities and Closure PYQ December 2022: Question Paper and Available Answers
CS Executive
Setting up of Business Entities and Closure
PYQS Series
December 2022
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 2022). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Sumit Bhasin has an expertise in the field of Modular Kitchen designing, he possesses adequate education too in this field. Now in order to start his venture, he wants to consult a
- Raman is an Indian Citizen, and his stay in India during the immediately preceding financial year is for 130 days. He appoints Sanjay, a foreign citizen, as his nominee, who has st
- Ramesh wishes to form a Nidhi Company with a minimum paid-up equity share capital of ₹ 12 lakh. Ramesh is seeking your guidance regarding the general limitations and prohibitions p
- Hardev Lal, Director of JKL Limited acted bona fide to pursue one of the 'objects' of the Company not falling within the 'object clause' of its Memorandum of Association. Subsequen
- Matrix Limited is an unlisted company, having its registered office at Chennai. The Annual General Meeting was held at Goa on 1st July, 2021 at 3.00 PM and concluded at 8.00 PM. Co
- Matrix Limited is an unlisted company, having its registered office at Chennai. The Annual General Meeting was held at Goa on 1st July, 2021 at 3.00 PM and concluded at 8.00 PM. Co
- Explain the difference between Public Trust and Private Trust.
- Radha Furnishing Pvt. Ltd. a Start-up Company wants to issue sweat equity shares to its employees. Is there any provision regarding it ? Explain.
- Wonkar Club was formed as a Limited Liability Company under Section 8 of the Companies Act, 2013 with the object of promoting Gilli Danda by arranging introductory courses at distr
- Wonkar Club was formed as a Limited Liability Company under Section 8 of the Companies Act, 2013 with the object of promoting Gilli Danda by arranging introductory courses at distr
- SDM Pvt. Ltd. is having paid up share capital of ₹ 45 Lakh and annual turnover of ₹ 185 Lakh. It is a wholly owned subsidiary of K Ltd. a listed company. Can SDM Pvt. Ltd. be calle
- Shankar Narain, director of Rakant Business Solutions Ltd. resigned with effect from 1st April, 2021. As required under the provisions of the Companies Act, 2013, the company has f
- Lakshmi Tube Lights Private Limited has committed a default which is in violation of the provisions of the Companies Act, 2013. No specific penalty or punishment is provided in the
- NBFCs lend and make investments and hence their activities are akin to that of banks; however, there are a few differences between them. Explain.
- Delta LLC is a Limited Liability Corporation registered in California (USA). The company has no place of business in India by itself or through agent, but it's doing online busines
- Is the procedure for incorporating Housing Finance Company is same as any other Company? Elucidate.
- Define the term 'Unicorn Start-ups'.
- Central Goods & Services Tax Act, 2017 (CGST Act, 2017) prescribe the cases where registration under the Act is compulsory, irrespective of the aggregate turnover. Discuss.
- On the other hand, under CGST Act, 2017 there are certain people who are not liable to be registered. Discuss.
- Vikram Overseas Pvt. Ltd. has a paid up capital of ₹ 50 lakh and turnover of ₹ 15.80 crore in the last financial year 2020-21. The Company has filed its annual return for the relev
- Entrepreneurs are required to obtain Statutory Clearances relating to Pollution Control and Environment while setting up an Industrial Project. Central Pollution Control Board has
- Define the term 'Commercial Establishment' under Shop & Establishment Act.
- What do you understand from 'Assignment of Copyright' ?
- Any business entity doing business in India requires a PAN (Permanent Account Number) whether it is registered in India or not. Elucidate.
- Garg Builders Pvt. Ltd. has changed its name. There is no alteration in the constitution or legal status of the company. The fact of alteration of name was not brought to the notic
- Triveni Pvt. Ltd. incorporated on 1st August, 2018 having its registered office at Shahdara, New Delhi. Management of the Company kept some of the statutory records in the other br
- Are the Enterprises required mandatorily to maintain cash records in the era of Digitalization ?
- Ramesh is going to setup a manufacturing, storing and packaging plant of cow ghee. He seeks your advice on the types of FSSAI license required to take before starting food business
- Briefly discuss prime objectives of different labour legislations with its type of interventions/ areas dealt with therein.
- Discuss Udyog Aadhar Memorandum.
- What are the circumstances under which RBI may cancel the license granted to a banking company regulated under the Banking Regulation Act, 1949 ?
- Explain the deductions that can be made from the wages of an employee under Payment of Wages Act, 1936.
- Abhinav has joined Vuddle Modulars Pvt. Ltd. as Trainee, to the Secretarial & Legal Department of the Company. He has been asked to prepare a checklist of compliances under Environ
- In a winding up petition filed before NCLT, one of the recognized Trade Union raised its voice against such winding up for the reasons inter alia that the closure of the unit affec
- In the case of Unique Metals Limited, all the creditors have been satisfied. Can the Adjudicating Authority without waiting for 180 days of Resolution Process, approve Resolution P
- What is the threshold limit for making an application for insolvency and liquidation of corporate persons ?
- What are the various compliance requirements by a Dormant Company?
- Can a petition for winding up be made by a profit making company? Discuss.
- List the types of companies which cannot be removed/strike off under the provisions of Section 248 (1) and (2) of the Companies Act, 2013.
- Describe the procedure mentioned under Section 53 of Insolvency and Bankruptcy Code (IBC), 2016 for distribution of assets.
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.