CS Professional Advanced Company Law and Practice PYQ June 2014: Question Paper and Available Answers
CS Professional
Advanced Company Law and Practice
PYQS Series
June 2014
37 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional Advanced Company Law and Practice PYQS (June 2014). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Meeting of the Board of directors provides an opportunity to discuss the business and take formal decisions. Comment.
- Draft a Board resolution for making an inter-corporate loan by Genuine Ltd. to Tempest Ltd., assuming necessary figures.
- A Managing Director has to be a director before he can be appointed as Managing Director. Comment.
- Associations registered under section 25 enjoy all the privileges of a limited company. Comment.
- Distinguish between the following : 'Public trust' and 'private trust'.
- Distinguish between the following : ESOP' and 'sweat equity'.
- Distinguish between the following : 'Shelf prospectus' and 'red-herring prospectus'.
- Distinguish between the following : 'Surrender of shares' and 'forfeiture of shares'.
- A Ltd. (with a paid-up share capital of ₹5 crore) and B Pvt. Ltd. have common directors and both are subsidiaries of H Ltd. Comment on the applicability of section 297 in respect o
- A Ltd. (with a paid-up share capital of ₹5 crore) and B Pvt. Ltd. have common directors and both are subsidiaries of H Ltd. Comment on the applicability of section 297 in respect o
- A Ltd. (with a paid-up share capital of ₹5 crore) and B Pvt. Ltd. have common directors and both are subsidiaries of H Ltd. Comment on the applicability of section 297 in respect o
- MNC Ltd. has on its Board 5 directors, out of which 4 directors are foreigners and they reside in Italy. The company wants to convene a Board meeting in Chennai on 1st June, 2014 w
- A company may by an ordinary resolution remove a director before the expiry of the period of his office. Give any four exceptions in this regard.
- The Chairman of X Ltd. convened a Board meeting for which he sent a proper two weeks notice. Some of the members of the Board objected on the ground that no proper agenda for the m
- Speed Ltd. wants to recruit Anil as the Managing Director of the company, while he is already the Managing Director of Sprint Ltd. Advise the company referring to the provisions of
- Smart Ltd. has borrowed a term loan from Genius Bank based on a charge on its fixed assets and necessary charge filing has been done by the company with the Registrar of Companies.
- Smart Ltd. has borrowed a term loan from Genius Bank based on a charge on its fixed assets and necessary charge filing has been done by the company with the Registrar of Companies.
- Smart Ltd. has borrowed a term loan from Genius Bank based on a charge on its fixed assets and necessary charge filing has been done by the company with the Registrar of Companies.
- Ram is the cost auditor of Fortune Cements Ltd. appointed under section 233B. Clarify Ram's role in the audit committee constituted by the company.
- Ganesh, who possesses valid share certificate of a company covering 1,000 equity shares is claiming title to the shares but his name is not recorded in the Register of members of t
- Write notes on the following : XBRL
- Write notes on the following : Reappointment of auditors
- Write notes on the following : Procedure for issue of duplicate share certificates
- Write notes on the following : Payment of dividend without providing for depreciation.
- Well Spun Synthetics Ltd. has made allotment of shares. It was completed on 18 th February, 2014. The ten weeks' time-limit shall expire on 24 th April, 2014. When would the liabil
- The memorandum of a company contains investment activity as its main object. The company has diversified into other activities but continues to do business activities of investment
- Indus 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 notice of the cour
- Beach SA, a company incorporated in France, wants to set-up a branch in India. Advise Beach SA, regarding provisions to be complied with. Will it make any difference if 50% of the
- Sprint Ltd., a listed company, wants to implement buy-back of shares. Its financials as at June, 2009 are as under: Paid-up equity share capital (20,00,000 shares of ₹10 each) : ₹2
- What is the pliability of a company to create security and debenture redemption reserve?
- The Chairman of your company wants to pass a Board resolution by circulation to issue debentures. Advise the Chairman stating the procedure for passing a Board resolution by circul
- State the provisions relating to meeting of Audit Committee as provided under section 292A.
- A company has paid-up share capital of ₹1.5 crore. It appoints a Whole-time Company Secretary who is a member of the Institute of Company Secretaries of India (ICSI). In such a cas
- State the requirements related to filing of return of allotment. X Ltd. has reissued certain equity shares after completing the forfeiture procedure. Is X Ltd. required to file the
- Explain the procedure for alteration of articles of association of a producer company.
- X Ltd. received valid share transfer deed together with the requisite documents for transferring 1,000 equity shares of the company from Ram to Shyam. Advise the company in the fol
- X Ltd. received valid share transfer deed together with the requisite documents for transferring 1,000 equity shares of the company from Ram to Shyam. Advise the company in the fol
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.