CS Professional Advanced Company Law and Practice PYQ December 2018: Question Paper and Available Answers
CS Professional
Advanced Company Law and Practice
PYQS Series
December 2018
33 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional Advanced Company Law and Practice PYQS (December 2018). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Sun Ltd made the following offers during the financial year 2017-18 on private placement basis: (i) 10,00,000 equity shares of ₹10 each at an issue price of ₹25 each, to 230 person
- Draft a resolution to be passed by the Board of Directors of a Company for the removal of the auditor of the Company covering also the incidental matters.
- Divya, a director in 3 companies, finds that she has three DIN obtained on different occasions by mistake. DIN 1 is mapped to X Ltd while DIN 2 is mapped to Y Ltd and DIN 3 to Z Lt
- Target Ltd convened a meeting of the Board of Directors on 1st September 2018 to approve the financial statements of the Company as on 31st March 2018. The Board has strength of 5
- X Ltd, an unlisted public company, with the following: Paid-up share capital: ₹25 Crore Reserves & Surplus: ₹40 Crore Annual turnover: ₹300 Crore wants to accept deposits from its
- Infra Ltd came out with an IPO of equity shares in April 2018. The prospectus issued for the purpose explained that the purpose of the IPO was to fund a 1000 MW mega solar power pr
- Liberty Ltd, an unlisted company, registered in the state of Maharashtra with 20 shareholders wants to organize the annual general meeting of the company for the financial year 201
- Peak Ltd, a listed company, proposes to issue Non-Convertible Debentures for an amount of ₹500 Crores to the public, incorporating call and put options only to the retail investors
- Comment if the following transactions entered into by A Ltd attract compliance with provisions relating to acceptance of deposit: A sum of ₹5 lakh paid by Gautam towards subscripti
- Comment if the following transactions entered into by A Ltd attract compliance with provisions relating to acceptance of deposit: Ashwin, a director of the Company, arranged for ₹1
- Comment if the following transactions entered into by A Ltd attract compliance with provisions relating to acceptance of deposit: Bharat, a customer who has bought a machinery from
- Comment if the following transactions entered into by A Ltd attract compliance with provisions relating to acceptance of deposit: A sum of ₹1 lakh collected from every employee in
- Smart Ltd, a listed company, has a paid-up share capital of ₹50 crore divided into 50 Lakh equity shares of ₹100 each, carrying a voting right of one vote per share. The Company ne
- Healthy Ltd provides the following information for the financial year ended 2017-18: Paid-up share capital - ₹50 Crore Profit after tax - ₹10 Crore The investments have been valued
- X Ltd is a wholly owned subsidiary of Y Ltd. As on 31st March 2018, X Ltd owns 60% of equity in A Ltd and 26% of equity in B Ltd. Y Ltd has totally 8 shareholders. Y Ltd files cons
- A public company secured residential accommodation for the use of its Managing Director by entering into a leave and licence arrangement with the landlord. As per the terms of the
- Cautious Ltd, an unlisted company with 1200 shareholders proposes to extend loans and make investments in excess of the limits prescribed under Sec 186(3) of the Act. As part of th
- Fashion SpA is a Company incorporated in Italy, having a place of business in Mumbai for the conduct of its business. For the year ended March 2018, Fashion SpA filed their financi
- Flex Ltd, a Company incorporated in 2001, has 8 shareholders with a net worth of ₹2 Crore. During the month of August 2018, Flex Ltd got a term loan of ₹10 Crore sanctioned by a sc
- Write short notes on the following: RUN
- Write short notes on the following: Valuation by Registered Valuer
- Write short notes on the following: Deposit insurance
- Write short notes on the following: Credit rating.
- Star Ltd is a company incorporated in Tamil Nadu in which 26% of the equity is held by the Government of Tamil Nadu in the name of the Governor of the State. When the Company propo
- Noble Ltd has borrowed on various occasions from banks and institutions by securing its assets against the loans. Advise the company on the requirements of the Act relating to the
- Medium Ltd, an unlisted company with a net worth of ₹5 Crore and turnover of ₹50 Crore has 200 shareholders spread across the country. Out of this, 175 shareholders hold their shar
- Super Pharma Inc, a company registered in USA has a place of business in India with manufacturing operations and is dealing in Cardiac Stents in addition to other medical equipment
- Fortune Ltd proposes to draw a term loan of ₹20 Crore from Life Insurance Corporation. The Company owns a property comprising of land and buildings valued at ₹100 Crore. As per the
- At the ensuing AGM of Quotient Ltd, Sriram wants to stand for directorship in the Company, even though he is not a retiring director of the company. His candidature is recommended
- Ram and Sam are the independent directors of Taurus Ltd. Ram was appointed for a period of 5 years on August 1, 2015 while Sam was originally appointed for 3 years on August 1, 201
- Draft a resolution by shareholders of X Ltd to convert the company into a private company.
- The Board of Directors of Zebra Ltd wants to enter into certain supply and service agreements with some of their related parties and would like to understand the compliance require
- Narrate the procedure for the appointment of Secretarial Auditor of Little Ltd having a paid-up share capital of ₹60 Crore.
How to Prepare for CS Professional Advanced Company Law and Practice
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.